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Answers (2)
- Arpad Racz, "aracz"
- Contributions:206
Hi,
If you have access to the title company, or an agent, you may find additional comparables that sold, but were not on the MLS.
In addition, if you find any properties in tear-down condition, especially advertised as "land value only", you may get a few more comparables.
Make sure to look for the similarities (zoning, use, neighborhood, schools, etc.)
If you have access to the title company, or an agent, you may find additional comparables that sold, but were not on the MLS.
In addition, if you find any properties in tear-down condition, especially advertised as "land value only", you may get a few more comparables.
Make sure to look for the similarities (zoning, use, neighborhood, schools, etc.)
- Sam Shueh
- Contributions:379
Just a ball park estimate the land is 30-40% of the similar value properties with their neighbors that have a nice home. This is subjective due to lack of comps.
How do I estimate land value for central Cupertino without comparables?
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