Have you invested in any land or a home that is on a piece of land? Then this article is for you. If you have, you already know how hard it can be to make money from the property. It can be even harder if no improvements are being made to the building on the lot. To avoid not making money from your land or having people not want anything to do with it, some things need to be done.
Damon Becnel, an experienced Land Developer understands that most people do not want to buy or invest in land just sitting there. They would rather have an empty lot because they know they can use it for something good once they get their hands on it. If you are willing to put some work into your land, here are a few ways you can improve the value of your land so people will be more likely to purchase or invest in it.
Below is a list of ways that you can increase the value of your land:
Improve Access and Circulation
The more roads and driveways there are, the more property access and circulation. This helps make it easier to use the land and makes it appear bigger. If you want to increase the value of your property, then you need to put in as many roads as possible.
To improve circulation on a property, don’t just do one road that goes from one side of the land to another. Instead, do multiple little roads that lead into each other, so no crossing or traffic light intersections close by. Doing this will increase the possibilities for building homes on a lot and make sure people can get around easily if they want to walk around their new home.
Plant Trees and Shrubs
To increase the value of a property, you should plant trees and shrubs. This is because it makes the property look bigger and more natural for people interested in buying land. If possible, try to create a small trail, so it looks like a path through the woods while still having enough room for all kinds of plants. This way, people can see plenty of space on your lot without seeing too much at once.
Upgrade Existing Infrastructure
If your infrastructure needs work, you should consider having it updated before selling or investing in your land. Having an outdated sewer system or septic tank will not only seem unappealing, but it could also make buyers think that they will have to spend more money on the land than they thought.
Instead of having someone come out and inspect what’s wrong with your infrastructure, you should do it yourself to know beforehand what you will need to update or fix before selling or investing in your land. You can find all of this information by looking at public records where the information is stored. If there are too many things that need updating, consider using a realtor since they will help determine if your property is worth buying.
Build Structures
If you want to increase the value of your land, then some structures need to be built on your property. These structures include but are not limited to garages, barns, guesthouses, or sheds. You can also build a structure that will help guide people around the area if they were to visit. This could include building a small house where visitors can get information about your land and possibly even an outdoor pavilion hosting events like weddings or parties.
Add or Improve Gates
If you want to make your land even more appealing, then you should consider adding or improving the gates around your property. Gates are important because they help control how many people can come onto a lot at once. They also make it easier to see where the boundaries of your land start and stop, along with making it less likely for trespassers to be on your property when they aren’t supposed to be there. You can add gates in places where roads or trails cross over into another person’s land so they know exactly when their property ends and yours begins.
Final Thoughts
Whether you’re looking to sell or invest in some land, these things need to be done for you and anyone else using the space will not have any problems doing so. You can check out their website and contact a realtor such as the ones listed on (website) for more help and information about what needs to be done to increase your property’s value.
