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Updated almost 2 years ago on . Most recent reply

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Mike Link
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Suggestions on comping land?

Mike Link
Posted

I recently came across a land deal but, haven’t had experience comping land. Does anyone have any suggestions on where to start or who I might reach out to? 

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Eliott Elias
  • Investor
  • Austin, TX
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Eliott Elias
  • Investor
  • Austin, TX
Replied

You need to look on the MLS and see what's recently sold in your area. Land is tough to comp, you may want to go back a year for your comparables. Also look at tax value, and use software like prop stream to see what's sold off market.

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