Tips to Increase Land Value
November 25, 2024 2:30 pm PST
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Here are 10 actionable tips to increase the value of your vacant land:
1. Improve Access
- Add or Upgrade Roads: Ensure easy access with gravel or paved driveways.
- Install Clear Signage: Mark property boundaries and access points for easier navigation.
2. Clear and Maintain the Land
- Remove debris, overgrown vegetation, and invasive plants.
- Maintain a neat appearance with regular mowing and trimming.
3. Add Utilities
- Water Supply: Install a well or connect to a municipal water source if possible.
- Electricity: Arrange for power lines or renewable energy options.
- Sewer or Septic: Installing or prepping for a septic system can appeal to buyers.
4. Conduct a Survey and Mark Boundaries
- Hire a professional surveyor to establish clear and legally verified property boundaries.
- Place visible boundary markers to eliminate disputes.
5. Ensure Proper Zoning
- Confirm the land's zoning aligns with desired uses (residential, commercial, agricultural).
- Explore rezoning options to increase potential uses and appeal.
6. Offer Potential Development Plans
- Work with an architect or planner to create mock-up plans for homes, businesses, or other developments.
- Include feasibility studies for construction.
7. Add Features
- Install fencing for security or aesthetic appeal.
- Plant trees, shrubs, or wildflowers to enhance the visual appeal.
8. Conduct a Soil Test
- Prove the land is suitable for farming, construction, or other uses by providing a soil test report.
- Highlight soil quality for agricultural buyers.
9. Provide Easements or Rights-of-Way
- Grant easements for utilities or access that could make the property more functional for buyers.
10. Market Strategically
- Highlight unique selling points like proximity to roads, towns, or natural attractions.
- Use professional photography and drone footage to showcase the land's features.