Cost Of Buying Land


Postby kbrownie » Tue Aug 21, 2007 9:50 pm

Hi, Can anyone help or advice me?
I am considering buying some land that is is next to my property. Has anybody got a clue what is the correct or fair way to value this?
I have been told that it is; Now wait for this!
The value of my property divided by the sq foot in my house then divide that again by 3 and that equals the price per sq foot of building land.
Can anybody understand that or should I email Carol Vordeman?
Thanks for any help either with the right way to value land or Carol Vordeman's email address
Keith
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