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What's My Land Worth?
Posted by Super Admin on
What’s My Land Worth?
That is a question I hear all the time from landowners: “What’s my land worth?”
Early in my career in Southwest Florida real estate, I was quick to answer. I would say, “your land is worth so much per unit for residential, or so much per square foot for commercial or industrial land.” I am not sure if times were simpler back then, or if I simply did not yet understand all the pieces of the puzzle that go into evaluating vacant land.
After more than 50 years in the business, my answer has changed to:” without a lot of research, I really do not know what your land is worth.”
As Southwest Florida has grown from sleepy seasonal towns into large, year-round communities, the cost and complexity of development have grown…
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