Land Value and Zoning.
In a City where land is so scarce as NYC, and specially Queens County, property values are often influenced by what could be built on that property. This is determined by zoning regulations and the size of your lot. I do have many years of experience dealing with land sales and developers. So, let me ask you:
- Is your property in an area where all houses are being enlarged into larger homes or converted to multifamily properties?
- Has your zoning classification recently changed?
- Do you have a larger than usual lot size that could be subdivided?
- Are you getting all cash offers from investors and developers out of nowhere, trying to steal your property for pennys on the dollar?
All this questions matter and online platforms cannot take into account such detailed and granular information so they don´t give you the value your property is really worth because of its land value. In other words, land value could make your property worth much more than an identical property with different zoning and development potential.
And furthermore, developers could care less about the interior condition of properties, violations or dilapidated homes. They value most what can be built in their place. Let´s get top dollar for your property. Do not undersell your property and find out what is really worth taking into account its Land Value.