How do I know if a landed property is overpriced

[Nomad]

You need to bring in a property evaluator to do the property valuation. An experienced property evaluator can only evaluate the true price of the property. You can also check with the local listing to see if the property is overpriced.

 

[Shahid987]

To determine if a landed property is overpriced, you can consider several factors
Location
Properties in prime locations are typically more expensive. Research the average prices of similar properties in the same area to compare.
Size
The size of the property is another important factor in determining its value.
Age
An older property may be priced lower compared to a newly built property.
Condition
Properties that are in good condition are typically priced higher than those that need repairs or renovations.
Demand
High demand for properties in a particular area can drive prices up.
Market trends
Keep an eye on the real estate market and trends to determine if prices are rising or falling in a particular area.
Expert opinion
Consult a real estate agent or a property valuation expert to get an expert opinion on the market value of the property.
By considering these factors, you can get a good idea if a landed property is overpriced.

 

[Shigobad2020]

If you are into buying and selling of land and properties , you need to be moving with an agent , an estate surveyor and you yourself must be doing research to first know the amount of money they are selling land in that particular area ,