Re: Relative land value?

Re: Relative land value?

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Relative land value? Keith 04-28-2006

John A. Weeks III wrote:
> In article <Xns97B3E54909DEKeithBC4ReaderTokenI@207.115.17.102>,
> Keith <nospam@nospam.com> wrote:
>
> > I am looking for any information on how to correctly determine the value of
> > the empty lot, so I can bid accordingly.
>
> I do not know that you can set a value. The value is what a willing
> and able buyer is willing to pay and a willing and able seller is
> willing to accept. In this case, the lot by itself next to a run
> down house might have little or no real value. Then again, if
> you need that lot to make the fixer-upper work, then that lot
> now becomes the king pin of the deal, and might be worth more
> than the sun and moon combined. If the seller knows that you
> need it, they will likely hold out for a king's ransom.
>

County tax records might be a place to start.

JM



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