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Land Development Values

In real estate development deals, however, land buyers measure value by objective, not subjective, standards: the realistic income that the parcel will produce and the cost that will be necessary to transform the property into something that will generate a profit. Although real estate value can be defined in several different ways, as a practical matter, there are only two types of value in land development transactions: “as is where is” and “what if.”

“As Is Where Is” Value

The present value is what the parcel is worth in its current state and assumes there won’t be any change in the status quo until after closing. It is arrived at after taking into account the property’s current use and physical or other limitations and quantifying the amount of risk. If you bought a property as is, you’d be taking it as you found it. You wouldn’t be making your purchase contingent on, for example, satisfactory results of inspections, permitted use, or a desired site yield. However, you shouldn’t submit an offer until you had first thoroughly investigated the relevant facts.

The risk in an as-is scenario is twofold. Buyers commit to purchasing the parcel without

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Zero Carbon Rated Houses

Simon Williams from Percy Williams & Sons explained that the ‘Government declaration that Zero Carbon-rated houses were to be exempt from Stamp Duty Land Tax was at first a psychological shot in the arm to us over this project of eco houses, but a close study of the strict definition of Zero Carbon and how we might clear this hurdle ended in disappointment’

A Zero-Carbon Home needs to have energy efficiency in three areas, including heat loss, dwelling CO2 emission rate and net CO2 emissions. If they meet the requirements an accredited assessor will inspect the dwelling and issue a certificate.

To receive the actual ‘Holy Grail’ of Zero Carbon is difficult at the best of times, as it requires a building to have a net production of carbon into the atmosphere of zero. At Fairglen in Hayle the houses are almost uniquely efficient for this sort of development, but in addition would need a wind-turbine to achieve the last bit of balancing electrical generation. Because of the sheltered valley location that the site is in the turbine could not have been efficiently done.

With the help of John Peapell Sustainable Solutions, a specialist consultant

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House Valuation

This is one method which is used for the property valuation. Here the total worth of a property is being estimated based on the revenue potential. The income which is calculated can either be generated as rental income or from re-selling the property. This is quite a complicated method; however, it is quite frequently being used by the investors when they are to fix a value on a property or when it comes to assessing the profitability of their investment in the days to come.

Certain assumptions need to be made and one needs to rely on them in order to come to an accurate conclusion using the income method. Here are the assumptions that are required to be made:

  • Property Resale Value: This includes assuming the value which the property is likely to yield if it is being resold. Various factors need to be taken into consideration while assessing the resale value of a property.
  • Income which is likely to be generated from Rent: This is another area which needs to be assessed. As mentioned, income from rent plays an important role while using the income method for property valuation.

In order to

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Checklist For Your Next Green Home

  • Location Location Location – pick a location that’s convenient and easy to get to. Close to shops, amenities and public transport will reduce the amount of emissions that come from getting around. Inquire about the council’s recycling program.
  • Orient yourself with the right orientation – if a house is to have good eco principles, it will designed with the right orientation. This means that the living areas will face due north, to make the most of the winter sun while allowing the hotter summer sun to pass overhead. Sleeping rooms, meanwhile, will be oriented towards to the South to capture cool summer breezes.
  • Cosy is not a four letter word – consider how the space is used as much as the size of it. Oversized houses utilises more resources in both construction and maintenance, while smaller dwellings are cleverly conceived can feel quite spacious.
  • Inquire about insulation – ask about the insulation. Higher R values means the house will better protected against extreme weather elements. See if the windows are double glazed. While you’re at it, ask about other green home features such as solar panels and solar hot water. Make your message loud and
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Present The STRENGTHS Of A House

  1. Style: We all know houses come in a variety of styles, such as Cape Cod, Split Level, Colonial, Ranch, High Ranch, Contemporary, etc. Each of these has certain strengths, as well as weaknesses, and a real estate agent must fully understand and be familiar with, the advantages of the particular style of house. Who might be the best niche audience for this style? How can it be articulated in the best light, and motivate a potential buyer? Obviously, it all begins, with the ability to listen to what a particular buyer is seeking, and to explain how this particular home, is well – suited for them!
  2. Tendencies: What specific attributes, unique characteristics, etc, does this house and/ or property possess? Consider tendencies/ factors such as ease, energy – efficiency, property characteristics, etc.
  3. Region; rooms: Why is the region, this house is situated in, a positive? Think about the area, in general, as well as the specific neighborhood and block! What is exceptional about the rooms, or any specific rooms? Obviously, one should accentuate the positive!
  4. Energy – efficiency: Are there any green features, environmental pluses, or energy – efficient characteristics? Examine factors such as windows,
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Get Rid of a House That Won’t Sell

To increase chances of being noticed by potential buyers, you even removed emblems and other signs of affiliation. You also agreed with your agent to have your pets be no-show when buyers want to see the house.

But despite these efforts, your house still stays in the seller’s market for some time. Some house just few blocks from yours have already sold in just a few days or a week.You start wondering and contemplating of the probable problems.

Well, it could be high time for you to check the tag you’ve labeled your house with. According to real estate reports, buyers are still considering price tags to fit their budgets first before considering other factors such as needs, functions, and appearance of the house.

Put in mind that a house is a commodity too. Like other goods which we buy from day-to-day, the price tag matters a lot. We are buying goods because we believe their prices are right. It will be the same principle that applies to houses in the seller’s market. If you were the buyer, would you go after a house that has a high price tag than what your budget can

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Selling Real Estate Land

Review the land survey to get some of the figures and facts that you want to use as selling points on the land for sale. This can include the acreage or square foot of the lot, if there is anything sitting on the land such as a building, and the shape of the lot. Even if it does not have any actual buildings, there may be other selling points like trees, a pond or lake, sewer system or well, etc. You should also research thoroughly any zoning options the property could have.

You should talk to your neighbors to see if they would be interested in buying the property before you put it up for sale, whether it is in an urban or rural setting. If you are able to sell it to one of the neighbors, it will help to relieve you of putting together a plan to promote the selling of the land, advertising it, and possibly having to pay a commission to a real estate agent.

When putting your land for sale it does not limit you to selling it to people living in the immediate area. If you do have to put

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Pricing House for Sale

If you are selling a home only by yourself, this could rise up your time and costs. A buyer`s advocate knows what is the best time of the year to list your home. The winter season is usually the worst period as people are more focused on celebrating and socializing, not purchasing or selling properties.

If you set a reasonable rate even though the market has dropped, you will still notice some action and interest from potential buyers. The calculation you have to make will automatically include the home renovation and improvements you have made to scope out a higher price range. If your home has been on the market almost a year and people are parading in it every second day without showing an interest this is a sure sign that you have mistaken the calculation. The feedback you are receiving is a clear sign that you need to include some other factors to get the deal done. Despite the fact how lovely and new your house is – every time a buyer looks at your property they are comparing it against other homes they have already seen.

If the house is outside the city

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Steps To Professionally Showing A House

  1. An agent must know his client: Never assume every homeowner is the same, or even has the same priorities and/ or goals. In my over a decade, as a Licensed Real Estate Salesperson, in the State of New York, I have often explained, during my presentation to potential clients, I will endeavor to get them the best possible price, in the shortest period of time, with the least amount of hassle/ aggravation. However, one of these ingredients might be more important than another, dependent upon the homeowner. Before beginning, have a thorough, frank, getting – to – know – you, discussion!
  2. Pre – discuss the property, before it’s shown: In terms of your client (the homeowner), this means walking through the home and grounds, and pointing out areas of strength, as well as weaknesses, which might impact how effectively it will show. Features to discuss include: clutter; paint touch – ups; grounds’ condition; curb appeal; etc. Will staging benefit the marketing of this house? When showing the house to potential buyers (customers), know what they are looking for, and tailor – make the presentation, based on their needs, and priorities!
  3. Truly show: Have you ever gone
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Fix Before Selling A Home

Some renovations will return a positive ROI while others may be money pits. There are many variables to consider when deciding on whether or not to renovate before selling. Among the top items to consider is the current market, comparables in the neighborhood, the home’s value with and without renovations and the timeline for selling. In a competitive market, renovations will most likely not be necessary before selling the property. Whereas, in a slower market (where the property needs to measure up to the competition) a renovation may be necessary to even the playing field.

Minor vs. Major Renovations Before Selling

The best thing to do is start out with some minor cosmetic upgrades instead of investing a lot of time and money into a full renovation. By thinking small it can still get buyers in the door. Here are a few top minor renovations to consider to add more value to your home before selling:

  • Doors – The front door is typically the first and last thing that potential buyers see when touring a home. So it’s no surprise that replacing an existing front door can net you a full return on investment. A
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