BROWSE ONLINE OR CALL US AT 215-542-8381

Vanguard Realty Associates

Vanguard Realty Associates

Blog

How Land Affects Home Value

Filed under Land Development on Apr 10,2018 | Tagged in: ,

Buyers often assume that a larger piece of land will automatically increase the value of a home.  But, the fact is that it is not always the size of the land that makes a difference, it’s about how usable the land may be.  For example, can the land be improved with a pool or tennis court?  Can it be used to build a guest house or garage?   If the answer is yes, that land could help increase the appraised or assessed home value, more than a parcel that is larger, but in some way not usable.  Another factor that can impact the value is zoning.  If you purchase a home that sits on property that can be divided into smaller lots and sold, the home may have more value.  For a good overview of how land value affects home value, take a look at this article from Zacks.  For the best value of all, let Vanguard Realty Associates help with your home search.  We know the local market and can help you find a home and property that meets your personal and financial goals.

Facebook Twitter Linkedin Pinterest Email

Testimonials

THANK YOU for all you guys did to help us find a home and go thru a smooth settlement. We appreciate the time and patience that you showed us as well as the individualized attention. Thank you for making this all possible for us. If we ever know anyone that is trying to find a home we will gladly recommend you. You guys are the best! Search for a home today

Client Two

Jul
17

Denbigh. Radnor. Delightful! Read More

Jul
10

Inground Pools: Splash or Dash? Read More

Jul
03

Fireworks and Fun for the Fourth Read More

          

2350 Butler Pike, Suite 6, Plymouth Meeting, PA 19462 | Phone: 215-542-8381 | Fax: 484-344-5344 | Email: info@vanguardrealtyassociates.com

Offering the best Montgomery County PA Real Estate and Bucks County Real Estate

© copyright 2018 Vanguard Realty Associates