Plot and Land Valuation

A process used to determine the real value of a land or a parcelled area

Land valuation, in the business sense, is a process used to determine the real value of a land or a parcelled area. This refers to real estate or property minus buildings and equipment. This valuation plays an important role in situations such as land sales, investment decisions or urban development projects.Land valuation experts determine an accurate value by analysing the size, location, accessibility, zoning status and surrounding market conditions at as best as possible price guarantee. This valuation process is a critical step for investors, developers and land owners to make strategic decisions and maximise value.