There are many important factors to consider when you begin the process of selling your land. The first key concept is to find the highest and best use based on the size and type of property as well as the local zoning regulations. Every town will have different rules, regulations and ordinances. You will have a better idea of the overall value once you get a general idea of the highest and best use. You don’t want to under price your property based on a single family use when several units may be allowed!
Your property value will also increase as your land gets closer to obtaining a building permit. If you can have a survey that shows wetland setbacks, a septic design and a building footprint that works for all of the setbacks then buyers will have almost all of the information needed to close the deal.
