How to evaluate the land?

10.12.2013 00:30
Articles about real estate | How to properly evaluate the site? According to experts, today 80% of the cost of land for sale, greatly exaggerated. Most often, this price is for only a desire to the seller, but does not correspond to the market. To avoid this error , follow the advice of experts.

Location and structure

Related article: Assessment of land completed in most of the settlements of Ukraine

Location of the land and the presence on it of certain buildings is the most important factor that affects pricing. It is these parameters , according to experts , form 70 % of the cost of ownership of a country , while 40 % comes from the location , and 30% on the quality of construction . However, such a distribution may vary depending on the individual characteristics of the object . " Not always the location shall prevail : quality " distant " cottage, suitable for year-round , will compete with ease Camping located in 30 km . zone , - says Igor Bykovskii, corporate vice president of Realtors "Megapolis -Service ." - Price in this case be approximately the same. It happens that the building, located on a site affects the price reduction of bargaining . " For example , the old panel-frame house , located in a good PT near the roundabout itself will not be of value . Most likely , the new owner decides to demolish the house , and the demolition and removal of debris will cost a round sum .

The size and shape

The size and shape of the plot are also important . With the size of everything is clear: the larger the area , the higher the price . Nobody is surprised that the price of 6 and 12 acres in a dacha cooperative differs . But with the form is not always so simple , there may be points of contention . "The owner right rectangular plot hardly makes sense to set a higher price than the neighbor sells land triangular shape, - says Igor Bykovskii . - This refers to the difference of more than 10-15% . With a shortage of funds choice is made in favor of a cheaper station. "

Permits for use of land

Permitted use of the land plot uniquely generates object target audience . "If the land category and permitted use of the buyer is not suitable, such land was not originally considered , - says Igor Bykovskii . - In addition, you can change the type of use , provided that it is not contrary to the law . " In addition, the type of use affects the price .

Ownership documents

This also affects cost . Lack of legal documents unambiguously leads to lower prices at times, and sometimes to the abandonment of the deal. Lack of documentation for the buyer is very dangerous , it can be without money and cottages . However, sometimes the buyer is still interested in buying . For example, the site is located in a good location , and documents have been only partially. Must be brought before the end of the procedure of registration is in their own name . Moreover , such a situation - a reason to demand a discount.


Seasonality should not affect the cost of suburban land . Sometimes sellers raise prices in the spring , thinking that this is the peak buying summer houses , but this is misleading. As a result , the object is sold for a long time and still have to lower the price . Experts note that it happened this spring , spring calendar had no effect on the purchases , the market stood until until the snow melted .

Using these tips, you will be able to effectively evaluate their land and not to raise expectations. But there are times when the site does not sell ! "First, unresolved disputes over borders - lists Igor Bykovskii . - It makes no sense to offer for sale this plot, unless of course , this fact does not hide the current owner . Secondly, the land can not be sold if it falls into the zone of interests of local authorities , for example, in the territory planned road construction, large industrial , commercial facilities or planned mass residential development . Location of the site in an environmentally disadvantaged area near the garbage dump , power lines, hazardous industries also will not cause interest among buyers . " But there are still areas that can always be profitable to sell . It should be a large plot on the first line of the lake, surrounded on all sides by forest , perhaps in an impasse , through which no one goes . All communications should also be summarized . Furthermore , it may be disposed on the slide , and having specific characteristics . And the price of land depends on the environment.
Content tags: property valuation
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