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Subject:
Real Estate - Value of land
Category: Business and Money > eCommerce Asked by: ernie48-ga List Price: $25.00 |
Posted:
15 Apr 2006 13:20 PDT
Expires: 15 May 2006 13:20 PDT Question ID: 719247 |
I have a small share in a company which is selling land for single family homes. The total acreage is 100 acres. The lots will be divided into "cluster" homes (about forty acres) and upscale half-acre lots for the rest. This land is in a desireable location. It has been improved w infrastructure and amenities. I'd like to know how much it's worth. An adjoining property was recently sold (unimproved) for $90,000 an acre. Is this enough information to estimate an approximate value of the land? |
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There is no answer at this time. |
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Subject:
Re: Real Estate - Value of land
From: myoarin-ga on 16 Apr 2006 13:41 PDT |
You could see what information Zillow.com shows for the area. Try it, might want to think about selling your own house. |
Subject:
Re: Real Estate - Value of land
From: daniel2d-ga on 16 Apr 2006 21:01 PDT |
Why don't you ask the company that owns the land what they consider what it is worth? They are in the land business, they probably know the market and what they are expecting the lots to sell for. |
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