When developmen like new road network and other amenitiest catches up within the area your land is located then the price will appriciate in value.And if an industry is sited close to the area it will appriciate as well.
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That is also the standard in our country on the real estate valuation. Every year there is an increase in the market value whether it is land or house. However, if there is na issue in the location like it is in the earthquake fault line or the place is flooded every rainy season then the market price may be affected negatively.Well as we all know land is fixed but for one to know if the money will increase overtime he has to know were the land is situated either in a rural area or within the town because land outside the town or urban areas are cheaper than the ones situated in the rural areas
The best way to know a land or property that will increase over time is the location of the Land, location matters a lot in every property it is the best way to know whether the land increase the value in future.You will know by checking out everytime so to know when land is increase in value, land business is very good business matter where the location is, is a profitable business that give a lot of money, because every year land keep increasing.
It all depends on the location of the land. If it is prime land or commercial land, most likely the value will increase. Just like my brother who owns a piece of land beside a mall. The value is now in the millions because its a land adjacent to the mall.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 thing is that we will not know if there will be a big commercial landmark close to the land that will be there later in the future so you can buy land in a commercial area and then they will be a big investment on a closet land but you may also buy land and there will be no any big investment on the line so it's all a probability.It all depends on the location of the land. If it is prime land or commercial land, most likely the value will increase. Just like my brother who owns a piece of land beside a mall. The value is now in the millions because its a land adjacent to the mall.
One way to know a land that will likely increase in value over time is the location of the Land the location of the Land determines the money value of that particular land.You will know by checking out everytime so to know when land is increase in value, land business is very good business matter where the location is, is a profitable business that give a lot of money, because every year land keep increasing.
The lot I bought was in an undeveloped village that looked promising. It was a corner lot so it has a higher value than an ordinary lot. Fortunately I earned a good profit when I sold it. But it took years before I sold it to be sure that the price will give me a substantial gain.This is a very important topic as it can be very difficult most times to know a fertile or land that will increase in value. I have personally faced such situation before that I had to consult some few persons to be able to know if to buy it or not. In the end I bought it and thank God the land is okey today. You may also do some consultations. Thanks for sharing. That is my opinion.
You can know a man that will likely increase with time due to the location of the Land because location matters in the value of land.You will know by checking out everytime so to know when land is increase in value, land business is very good business matter where the location is, is a profitable business that give a lot of money, because every year land keep increasing.