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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. A real estate investor who builds homes should always keep the long view in sight: what will the re-sale price be and what kind of reputation does the seller have when all is said and done.

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

Eppraisal

Another measure of value -- land values, not home values -- is information derived from a raw land appraisal. Factors that affect sales price were noted in the previous installment: the presence of easements; distance to utility connections; and environmental circumstances, for example.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Any existing easements or zoning issues. Location: How well does the home fit in with the surrounding neighbourhood? Local amenities – how close is the home to hospitals, schools, shops and public transport corridors? They are not assessing décor or any feature that is considered removable. Lot: Size and topography of the lot.

Appraisal 105
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How Does Lot Size Impact Property Value?

CP Home Appraisals

Is The Space Useful: The Advantage or convenience of the lot may also dictate its value. If that added lot space is not usable due to zoning, easements, vernal pools or other issues, the lot is not going to hold much value. Location, convenience and what the true value might be years from now.

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How Does Lot Size Impact Property Value?

CP Home Appraisals

Is The Space Useful: The Advantage or convenience of the lot may also dictate its value. If that added lot space is not usable due to zoning, easements, vernal pools or other issues, the lot is not going to hold much value. Location, convenience and what the true value might be years from now.

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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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