Beginner Series - Land Assemblies

The Real Estate Espresso Podcast

Victor Menasce द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Victor Menasce या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।

1M ago 6:21

MP3•एपिसोड होम

On today’s show we are talking about land assemblies.

There are basically two ways to make money with land. You can talk raw land and carve it up into smaller pieces. Or you can take subdivided land and put it back together.

The value of a parcel of land is linked to what you can do with it. If you have an acre of land that is agricultural or rural, it might be valued at a few thousand dollars per acre. If it’s suitable for a residential subdivision, then it might be a few hundred thousand per acre. If you could put a 40 story building on it, then it could be in the millions per acre. Of course there has to be demand for density in that location. You’re not going put a 40 story building out in the middle of a corn field, even if the city were to give you the zoning approval to do so. It wooden’t make any sense.

The key is to become well versed in reading the zoning bylaws so that you can identify the size and shape of property that is going to yield an increase in value when assembled together. For example, some multi-family apartment zones have minimum frontage requirements that a single tiny property won’t meet. If you can combine 2-3 of these together, all of a sudden a much bigger building becomes possible.

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