How do you value land for residential development?
The idea is that you establish what the proposed finished house is likely to be worth. Then identify and deduct all the costs involved in designing and building the house. The remaining amount will be the desired development profit or equity, and the sum you need to buy the plot. This is essentially its valuation
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How do you value land for residential development?
The idea is that you establish what the proposed finished house is likely to be worth. Then identify and deduct all the costs involved in designing and building the house. The remaining amount will be the desired development profit or equity, and the sum you need to buy the plot. This is essentially its valuation
Valuation Services provided by The Ringley Group
Meet our Expert Property Commentators