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Purchasing & Developing Land - Part 2 - The Process of Purchasing Land

Eppraisal

Once a suitable piece of vacant land becomes available, a prospective buyer must then determine what price is worth the acquisition. Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. All of these variables can influence the final price paid as well as future home values.

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How Does Lot Size Impact Property Value?

CP Home Appraisals

So, here are some important points that should be taken into consideration: The Location of Your Space: If the extra square footage is located in the front of your home, chances are it’s not going to be very valuable. Most buyers prefer more square footage in the backyard vs a street view.

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Purchasing & Developing Land - Part 1 - Finding Land to Purchase

Eppraisal

Even holding it for a short while can be profitable down the road when the real estate market improves and home values rise. Any easements to worry about? Access is a big issue for home buyers. They can also project where eventual home values will land when it's time to sell.

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How Does Lot Size Impact Property Value?

CP Home Appraisals

So, here are some important points that should be taken into consideration: The Location of Your Space: If the extra square footage is located in the front of your home, chances are it’s not going to be very valuable. Most buyers prefer more square footage in the backyard vs a street view. can be found at: CP Home Appraisals.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Vehicular access.

Appraisal 105
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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Any non-permitted additions – if you’ve added a permanent structure without a permit, this can impact the value of your home and pass an unwanted issue on to the buyer. Any easements or encroachments – any part of the property should be accounted for to get the most accurate estimate of the land value.

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