Investment Property Guide
Land Investment Valuation
Land Investment Valuation
The value of raw land is only measured in the prospective growth in your target area, because development requires the creation of something that is essentially in demand. In this since, you can determine the value of raw land by its proximity to area growth and its ability to be accessible to that growth. Furthermore, it is imperative that the zoning and infrastructure of services necessary for development exists. Only then can it have any real value.
Value is added to the property as we begin the stages of development. Simply having all of the necessary permits required to develop the land, alone, can double its value.
