How to find out the price

How to find out the price



The question of the cost of a piece of land is oftencases, when it is necessary to establish an adequate price for the plot sold or to check the adequacy of the price of the purchased. Knowledge of the pricing policy and liquidity of the plots helps to determine the real market prices for land independently.





How to find out the price


















Instructions





1


First of all, find out the cadastral valueof this site. This price is the determining value for calculating the land tax and is reviewed at least every 5 years. If you acquire a plot in a remote rural area, where the liquidity of the land is almost zero, then the cost of the plot will be close to the cadastral one. Otherwise, the seller will have to somehow adequately explain why it is necessary to pay more for his land.





2


In areas where they often buy and sell plots,in prestigious areas, in suburban areas, the cost of land is much higher than in places with illiquid real estate. In addition, the price can significantly increase the availability of convenient transport interchange, low congestion on the weekend, the availability of a convenient access road to the site.





3


Also, the price of a plot can grow, if to itany communications (water, electricity, etc.) are brought. Even the possibility of quickly bringing such communications to life makes the cost of land jump up. Additional value is given to the allotment of nearby groves, forests and reservoirs. An important factor is the quality of the soil. The lack of television and mobile towers, transformer substations, landfills and general ecological cleanliness of the area is also an argument that plays a role in pricing.





4


Also the price for a plot depends on its size. As a rule, areas from 5 to 20 hectare are the most running, and for such allotments, the cost per hundred square is higher. To some extent, the price is affected by the shape of the site and the terrain. More expensive are square or rectangular allotments, as well as corner areas due to the possibility of building two exits.





5


The last but no less important factor affectingfor the price, are the documents. Find out the availability and correctness of all documents. Consider also that the plots "for the construction of a residential house" will cost more than "for personal economy". And, at last, make a comparative analysis of prices and offers.