Valuing Vacant Land and Undeveloped Sites: Key Considerations
Vacant land and undeveloped sites offer unique opportunities for investors, developers, and individuals seeking to build their dream properties. However, determining the value of such land requires a thorough understanding of various factors. This article delves into the critical elements that influence the valuation of vacant land and undeveloped sites. Key Factors in Vacant Land Valuation Site Dimensions and Topography The Size and Shape of the Land The size and shape of a parcel of land play a significant role