Property Development 101: How to Boost the Value of Your Land

Property Development 101: How to Boost the Value of Your Land

Today’s real estate market is doing pretty okay, but that doesn’t mean you can’t go big in the world of real estate. Land is an extremely valuable asset and with the right tips and tricks, you can double, triple or even quadruple its price!

Here are some things we, at KH Consultants, like to consider before putting up a property for sale.

Where’s the Curb Appeal?

Curb appeal isn’t just for homes. Any property with a visually appealing land area is going to be worth much more than one that has a shabby curb. Improving your property’s curb appeal includes:

  • Cleaning up garbage and junk
  • Trimming down overgrown bushes and shrubs
  • Adding a fence to the property’s perimeter
  • Keeping property walls clean; no graffiti or billboards

If you don’t have the time or resource to perform these tasks on your own, feel free to get in touch with us and we’ll help you with our property management services. Always remember, any potential buyers will only want to buy your property when they feel like they don’t have to go through added burdens of developing or cleaning it up on their own.

Improve Access to Your Property
This is where location plays a crucial role. Is it difficult to reach your property? Are the roads in your neighborhood clean and well-maintained? Is the route to your house or office safe?

The value of your property will be directly proportional to how easily it can be accessed and whether it’s located in a convenient spot.

Don’t Forget the Utility Lines

Whether you’re selling a home or a commercial property, you must have utilities pre-installed or that amount will be slashed from the overall price tag.

If you’re located close to the city center then running utilities will be fairly easy. However, if you’re located in a more remote region then installing utilities can take some planning. Regardless, a property with electricity, phone, water and gas lines connected is going to sell for premium value than one that isn’t.

Drainage

Install Drainage

Drainage is usually a concern with vacant plots of land. Whether you’re selling the land as is or constructing property on it, you’ll need professional help with understanding how well the land can drain water.

Nobody wants Mother Nature to build a swimming pool in the middle of their driveway. In case your land isn’t great at draining water, you can install certain kinds of tiles that let water seep underground. Please call (347) 987-4063 if you’d like to speak in detail regarding property development and management strategies.

Plant Trees

Our urban areas are increasingly looking like concrete jungles. Some natural beauty with lush green lawns and trees can bump up the value of your property immediately. When you first set foot in the world of real estate, you’ll realize how much buyers are willing to pay for a heavenly view from their bedroom.

Want to Boost the Value of Your Property?

Get in touch with our office today! We’re based in Brooklyn, NYC and can help you with everything related to construction development and property management.

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