How to find out the cost of land

First determine the cadastral value of the plot. This price is the decisive value for the calculation of land tax and shall be reviewed not less than once in 5 years. If you buy a plot in the remote countryside, where the liquidity of land is almost zero, the cost of the plot will be close to the cadastral. Otherwise the seller will need to adequately explain why his land should pay more.

In areas where frequent buy and sell plots in Prime locations 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 interchanges, a low busy highway in the weekend, the availability of convenient access roads to the site.

Also the price of land may grow, if it has announced any utilities (water, electricity, etc.). Even the ability to quickly summarize such communications makes the cost of the land jump up. The added value of the allotment give the nearby groves, forests and ponds. An important factor is the quality of the soil. The absence of television and mobile towers, transformer substations, landfills, and the overall environmental cleanliness of the area – the same argument, which plays a role in pricing.

Also the price of land depends on its size. Generally, plots from 5 to 20 acres the chassis, and from such plots the cost per hundred is higher. To a certain extent affect the price form site and the terrain. More sought after square or rectangular plots and corner plots because of the possibility of the construction of the two outputs.

Last but not the least important factor influencing the price are documents. Find out the availability and correctness of all documents. Note also that the plots "for construction of residential houses" will cost more than the "under personal management." And finally, do a comparative analysis of prices and offers.