Selling Land - It's Rarely a Clear Cut Proposition.

If you own land and have been thinking about selling, you might think it's a pretty clear-cut proposition.
​
With land development, it is rarely that easy, and there are many details you will need to be aware of as you navigate selling your property.  I’ve included a few examples of some obstacles I’ve encountered, and ways that you can prepare for them before you decide to sell.

1. Knowledge is Power - local zoning regulations change.  Visit your local town hall and understand all regulations as it pertains to developing land. One of my clients recently discovered an ordinance change that is limiting the number of lots that can be developed; in turn this will impact the land value. Being knowledgeable about your land will empower you to make the right choices when it comes time to sell.​
2. PERC tests -  Know your town’s perc season and plan accordingly. For example, if your land is located in a high water table area, it’s possible your land may not pass a PERC test in the middle of a wet spring.  When this happens, it’s very difficult to sell the property. Work with the local Board of Health to understand your options and list your property accordingly.
3. Land configuration (property shape) can matter.  Believe it or not, the shape of your property can impact value - Know your town zoning laws and how it could impact your property. One of my clients had multiple acres for sale, but didn’t have the frontage to get zoning for multiple lots. Despite the multiple acres - the land value was limited to a single lot.  

​These are just a few of the many examples of challenges that can pop up when you finally decide to sell your land.  It is important to know your land, understand the town regulations and learn the value of your land. An acre in one area can be vastly different than an acre in another, even if they are in the same town.     
​ 
​
Before you list your land, give me a call and I’d be happy to give you an initial assessment of your land and work with you to get the right information as it pertains to town rules and regulations.  

About Kelly Crowley
Kelly Crowley is a Licensed Real Estate agent for Keller Williams Realty.

Kelly has lifelong ties to the area and a keen understanding of the marketplace through her personal history and extensive knowledge of the varied communities she serves. Kelly invests her passion for the area by serving her clients with the utmost integrity, honesty and expert guidance in their real estate endeavors. When you’re seeking an agent who will put your goals first, call on Kelly Crowley.  kellycrowley@kw.com    c. 734.274.0707