Thinking about purchasing a tract of land for your new home or a commercial real estate venture? You’re going to need a land appraisal. A land appraisal determines the value of an undeveloped piece of property.
Vacant land appraisals can be a daunting for those new to the process of investing in this type of asset. They usually know that they need to perform due diligence, but are unsure of what to look for when evaluating a possible investment property. Forgoing a land appraisal could potentially cause costly problems not apparent until after the sale. That could mean lost time, money, and opportunities to find land better suited to the buyer’s needs. In other words, there’s a lot on the line.
That’s why it’s important to consult a trusted expert with direct knowledge of your market and years of experience handling raw land appraisals. Marietta Home Appraiser has more than two decades worth of experience with land appraisals in the Marietta area.
We will look at your land’s potential and determine what could be done with it in the future, as this property type is appealing to investors and will often sell for higher revenues. Investors may wish to develop property on your land, open a business, or use it for agricultural purposes. Land with the potential to turn these ideas into reality will be worth significantly more. This detailed analysis is the primary reason it is harder for an improperly trained appraiser to value land than a structural home or business facility.
Marietta Home Appraiser will complete your land appraisal in accordance to USPAP and Appraisal Guidelines for Federal Land Acquisition. Once valued, you’ll be able to market your property accordingly. Once you’ve listed your land for sale, if your prospective buyers have any questions, we will be available to address those with you. We will provide you not only with a strong opinion of value, but also details on how that value was reached. This gives you leverage with your potential buyers as you can point out your lot’s strong suits and help them see how the property can best be developed.
Marietta Home Appraiser is Marietta’s top choice for land appraisals. We have the qualifications and experience necessary to meet your appraisal needs.