Hi, I'm renewing planning permission for 24-28 houses. It is a brown field site on the edge of a coastal town near the Lake District National Park. What are the rough guidelines for putting a valuation on it? I'm looking for a good, North based land agent to sell it. Any recommendations? Any guidelines for picking one? Thank s for your help. Jim M
Get a series of good estate agents, and see what they say.
Also, make a sliding scale of commission, so there is extreme incentive to get top dollar.
I'm
30-40% of the value of the final completed house(s).
tim
Total selling price of houses - (building costs + professional fees + utilities + interest charges + required profit + contingency and no doubt a few other things too)
IOW a residual valuation
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