Visit Our Website The sale of land can result in capital gain or loss. Before you buy a land for development or speculation purposes , take time to investigate the true market value of the land. This market value varies but within a certain range. To buy at market price means paying more or less for the land, this comes at the discretion of the seller. Some people may agree that a land is worth whatever anybody is willing to pay for it. A real estate investor should plan to buy below true market value or worst case scenario at market value. The actual market value of a land can be determined in several ways and it is depended on so many factors. You should be able to access and ascertain if the asking price is below, close or a lot more than the actual market value. Below are factors to consider why estimating land value. Real estate appraisal: This can be achieved through the services of a valuer (professional appraiser) who has the technical know-how to estimate the act...
VARIANCE POSH LTD is an engineering and real estate development company. We are focused on residential and commercial property segments in Nigeria.We also provide consultancy services in medium to large scale real estate development projects. We will add interesting and insightful posts regularly , so watch out and visit this blog regularly.