How Do I Value My Land I Am Selling?
If you are planning to sell your land, you don’t want to sell it for significantly lower than what it is worth. By determining the value of your property, you get an idea of its possible selling price and understand whether or not you can make improvements to your property’s’ value. Here is a guide to help you determine the value of the land you want to sell:
Check Market Values for Other Similar Land Lots
You can do this on marketplaces such as Zillow and Redfin. Market value refers to an opinion of what a property would sell for in a competitive market based on its features and benefits, the overall real estate market, supply and demand, as well as what other similar properties have sold for in the same condition.
Check your Land Deed
Make sure you own the land free and clear...