Determining Land Value

[Cheree Harris]

Hi! Looking for tips on how to determine the best way to set asking price for land.

[Lyall Storandt]

@Cheree Harris I'd be happy to run comps. for you, but in the interim an investor / builder is typically going to want to buy the land for less than the county assessor's estimate of the market value of the land. You can typically find this number by searching for the property on the county assessor's website. Most counties separate the value of the land / lot from the value of any improvements for tax purposes.