How do i know a land that may likely increase in value overtime?

[Yewande]

For a start, the location of the land depends on how the land will appreciate. One thing is certain land always appreciate and that is why it is a good investment. If I'm to think of what can affect land and make it depreciate, then I'll say natural phenomena like erosion, earthquake etc

 

[Sanusi]

This is a good question for me, the only way for you yo know that a land is likely to increase in value is the rate at which a certain area is civilised, so more people are coming to buy land either for business or to build a home. So in that process your own land value is also increasing because more people ate coming to buy your land.

 

[Sammyesx]

Lands that are closer to a very commercial city or an industrial area is likely to increase in value quickly, also where there is a proposed project that will bring economic value will also increase land value, for example, the moment Dangote disclosed that he will be building a Refinery in ibeju Lekki the price of land in that region started to increase and its likely to continue.

 

[Quert]

It is much kore likely to increase value over time if it is located near a nearly urbanized places, or maybe near malls, beaches or parks because these kind of places attracts a lot of businesses to occupy that lot.

 

[Nurudeen]

If you want to buy a land that will rapidly grow in value within the shortest possible period of time the best way to do this is to check out some key function in where you want to buy the land. Some of them include good motorable Conditions, electricity supply and security. If these conditions can be met in where you want to buy any properties it will be very easy for you to sell them fast

 

[Ayokex]

A landed property that will increase in value doesn't carry a placard to showcase itself, all you have to consider is the topography of the land. Look at how soon people will likely move close to the area to start dwelling there. Think of the possibilities of having social amenities in the area or the possibility of someone coming to establish a big business or structure around there.

 

[Eodine]

Many factors determine the value of a land like geographical location, size, civilization, infastructure and know that when these things keeps getting developed then the value increases too. And you can also contact real estate agents, they have a way of determining value for land and properties.

 

[TopSilver]

Yeah Urban areas are the best for that. The land will go up in value dependent on what it's near or how close by it is to something like a theme park or movie theater, popular store. Ocean properties seem to go up the most. For example anything near the beach is usually some of the most valuable land. Something like that is constantly on the rise.

 

[Senator]

It is said that land increase in value but not all lands rapidly increase in value, some take ages to increase, even the increase may not be that significant.
How do I know a land that will most likely increase in value rapidly?

From what I know, land never depreciates. The difference lies in the time one can benefit in it. It might take too many years for a particular land to being to appreciate, it might even extend to your next generation before the land appreciates. If you are into the business fully, you forecast and predict a likable land that will appreciate in a short time.
Land dont depreciates or not easily.

 

[WhiteHouse]

Market interest is the most fundamental explanation behind this. As populace and abundance builds, the interest for land increments. In any case, the stock of usable land changes gradually. Land recovery and comparative practices can build the stockpile of usable land in an area, yet this is a costly cycle, so it possibly happens when the interest for land is high. Since the development in usable land falls behind interest, the estimation of land increments.

 

[Oliver 20]

Demand and supply

The law of market interest you learned in Economics assumes the main part in land esteem developments. Property estimations rise when a low stockpile of land available to be purchased satisfies solid purchaser need, as purchasers contend in offering battles to make sure about a land from the restricted stock.

 

[LaylaG]

A land is a valuable commodity and anywhere you buy a land it will be valuable in the future but they always advise people that are trying to buy a land to buy it in the Urban settlement because there is a higher possibility of making more profit if you are buying in the urban area.

 

[Veetos12]

All lands appreciate over time but at different pace. What to look for when buying a land or landed property is the availability of basic infrastructural facilities such as roads for easy accessibility, electricity and presence of a market.

Post automatically merged: Jan 31, 2021

All lands appreciate over time but at different pace. What to look for when buying a land or landed property is the availability of basic infrastructural facilities such as roads for easy accessibility, electricity and presence of a market.

 

[Dorcey]

Many first-time home buyers believe the physical characteristics of a house will lead to increased property value. But in reality, a property's physical structure tends to depreciate over time, while the land it sits on typically appreciates in value. Although this distinction may seem trivial, understanding how prospective land values influence property returns lets

 

[Klismannm12]

You should be able to be innovative if you want to go into any business,real estate business included,you can buy land in an already inhabited place and then sell back later,you can equally buy the land is contains water,fill it and sell it at a very expensive price.

 

[Abbeyola]

It is said that land increase in value but not all lands rapidly increase in value, some take ages to increase, even the increase may not be that significant.
How do I know a land that will most likely increase in value rapidly?

How to know a land that will appreciate in future,is simply by watching out for the location of the land.
The most important thing is taking note of the documents that the landed property has before purchasing it.

 

[Jimmie150]

A good land that would increase in value would definitely be sited on a good location. That is why location plays a vital role when it comes to purchasing of land both in rural and urban settlement. More so some land take a lot of years for it to appreciate in value.

 

[Hamza]

If you have a land near basic facilities like schools , university, hospital, shopping market and easy access to transport then it's more likely that its value will increase over time. Or if you have a land in commercial area then it's also possible for it to get more value with time.

 

[Godleads1]

In order to know, you have to look around you first. If the rate at which houses are built in the location of the land is rampant, then that could be an indicator to the fact that it would still appreciate.

 

[Debola]

It is said that land increase in value but not all lands rapidly increase in value, some take ages to increase, even the increase may not be that significant.
How do I know a land that will most likely increase in value rapidly?

The law of supply and demand you learned in Economics 101 plays the most significant role in home value movements. Property values rise when a low supply of homes for sale meets strong buyer demand, as buyers compete in bidding wars to secure a home from the limited inventory.