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  1. #1
    Join Date
    Apr 2018
    Posts
    260

    Default How to value a property, old house on big land, which stage of subdivision to sell ?

    Ok my guess is to look for similar land only values in near by neighbour hoods.

    Then look at the original house and sum up how much it will cost to renovate and then using Market Value to estimate a value?

    Then what stage of subdividing is the most profitable? Council approval, council submission and subdivision of title paid for, subdivided and new house built on secondary title?

    I find this much easier in QLD where property values are very much in a less volatile market.


 

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