How difficult is it to access your property? If your property doesnt have road access and you dont already have a formal agreement in place, it may be time to speak to your neighbor about creating a legal easement.
An uncleaned property will demand a much lower price. Youre far more likely to find buyers for cleared property, and theyre going to be more willing to pay a higher price for it, too. Buyers will pay a premium for high quality land that only requires minimal work to develop. Many land owners overlook the importance of appearance. While installing fencing can be expensive, its a worthwhile investment if you can stretch your budget and will increase your lands value. If you dont have the tools or time to take care of these tasks yourself, you can hire a landscaper to do the job for you. * Add a fence around the perimeter of the property * Remove environmental hazards, such as unused wells or chemicals Walk through your property, and make note of things that you can improve, such as: Depending on the size of the property, this is a task that you can likely take on yourself. Improving the lands appearance is one simple way to boost the value of the property.
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Here are some tips on how to increase your lands value before you put it up for sale.Ĭurb appeal doesnt just apply to properties with homes.
Increasing your land value will allow you to sell the property for the highest price possible. When time comes to sell your property, you can maximize your return by taking steps to improve the value of the land. Land can be a valuable asset, especially if its located in a high-growth area.