Land Investments – FAQ

PacificRealtors.net

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Q.
When evaluating pre-development land opportunities, what are some of the most important considerations?

A.
Your evaluation should include the following:

Is the location in the growth path of a major population center?
   
Is the population of the area in which the land is located increasing at an acceptable rate?
   
Is the land usable and relatively level?
   
Is the land easy to reach by car?
   
Does a master plan exist for streets, sewers, and utilities?
Is water available?
   
Is the land located in a business friendly county and state where residential and commercial development is encouraged?
   
Is the land priced at or below fair market value?
   
Can I afford the payments?
   

Your final decision to invest in land will ultimately involve weighing the advantages and disadvantages of each alternative. The agents with Pacific Realtors can assist you in evaluating all types of real estate investments.