In my area/city/country, there are people who want to buy “empty small land” (categorized as agricultural). They buy this type of land mostly as a hobby farming thing.
Empty land looks ugly to me. I think land that has some nice trees looks better. Therefore it must have more value. Maybe it would increase the sales price by 50%. Any ideas? Anyone knows? I don’t know.
My area is DRY: https://i.postimg.cc/DzFFDSPc/image.png
Prices in green areas of the country are way higher. Like 200%+. Though I didn’t look at all areas.
This country is MOSTLY dry. Cities are MOSTLY concrete jungle and ugly.
Valuation of undeveloped recreational property is going to be a lot more speculative than agricultural/industrial use because the final product is not tangible.
If you’re asking strangers on Lemmy how to do land valuation I don’t think you should try your hand as a real estate developer.
:D
I know its value if I did what others did. There are many projects in my area.
I am just trying to make my project different so I can have something I can market on the internet. This way I can sell for a higher price.