Skip to main content

I'm thinking about selling my lot? GVM, What will determine my Lot's value $$ and sale probability?



Important items when selling & marketing a LOT for Sale in Austin, Texas.


  • Location, What is the specific neighborhood and street appeal.
  • What is the lot Size? How Large? How many sq. ft of lot land?
  • What is the ZONING? What could potentially be allowed by the City of Austin Development?
  • Where are the TREE issues? Are there any? How large? Where are the trees sitting? 
  • What is the general flatness or slope of the land? This could affect the new build's foundation type.
  • Pricing? Remember private primary buyers and end users will usually pay more $$ for your LOT, than spec investors, builders, assigners, and developers. Primary buyer's simply want the value to be fair and current, while investors and spec builders, need margins to earn a profit.
  • What is the Buyer Demand for next construction in the Lot's geographic area? Is it a high-end luxury, top dollar construction neighborhood, or perhaps is the lot's area more in tune with remodels and existing home upgrades? 
  • Are you willing to sell your lot via owner financing methods or would you prefer to cash out, and be done at closing and funding?
  • Does your LOT have any bonus intangibles? Is there  a View? Does the Lot back to green-space? Are there fewer immediate, imposing neighbors? Is the Lot on a private cul de sac? Is the Lot located in a desirable school district? 

As you can tell there are numerous important questions, facts, concerns and market variables when it comes to selling your LOT? Call, email, connect, or text Licensed Austin Silent Market Real Estate Agent George Vance McGee @ 512.657.9281 iphone, georgevance@gmail.com for a complimentary consultation.

George Vance McGee has helped sell and facilitate numerous successful entry level and million dollar plus spec new construction home sales and property developments in Central Austin, Texas. George Vance has worthwhile, viable relationships with a healthy portion of the most intelligent, savvy and real-world proven residential builders in Austin, Texas.










Comments

Post a Comment

Most Popular Posts on ATX Real Estate Life Blog

Per TheATX1 (@The ATX) on Twitter: Here are the Future Development Plans for West 6th and Lamar in Old West Austin, near Downtown, ATX.

 This is a massing of the 6th & Lamar (Waterloo Records site) residential project based on the Planning Commission approved zoning. The original plans before a compromise was reached with the local neighborhood association called for a building 31' and two or three floors taller. TheATX1 (@The ATX) posted: This is a massing of the 6th & Lamar (Waterloo Records site) residential project based on the Planning Commission approved zoning. The original plans before a compromise was reached with the local neighborhood association called for a building 31' and two or three floors taller.  https://x.com/theatx1/status/ 1944435039199985686?s=66
Post a Comment
Read more

Should you BUY a FLIPPED House? ATX Broker Associate GVM Tips, Insights.

 SHOULD YOU BUY a "FLIPPED" HOUSE?  Have you personally ever considered and wondered if you, yourself should BUY  a "flipped house." In my 15+ years of predominantly residential Central Austin brokerage practice and experience, here are my insights, opinions, suggestions and things to be cognizant of.  #1. Absolutely, for sure get a LICENSED INSPECTION on the flipped house! Not all flippers are the same. Just like in life there is a wide spectrum in regards to quality. Some flippers are flat out awful. They make very lipstick-like improvements, skip the expensive items such as the foundation, and plumbing and try to trick the consumer into paying more for a home, when the consumer shouldn't.  On the Flip Side (this joke was just too obvious) There are also excellent high-quality flippers whom selectively choose which homes they flip, and then they invest carefully and beautifully while genuinely  improving a home! Some of these hi-quality upper tier flippe...
Post a Comment
Read more

Austin, Texas has a DOG PROBLEM.....

  Austin, Texas has a DOG problem (Letter I wrote and sent) Dear Austin City Council Members, Hello and well regards, Yesterday afternoon during a simple bicycle pedal exercise ride, I was physically chased by an unleashed Pitbull dog in ZILKER PARK. Then directly after recovering from almost being mauled by an unleashed pit-bull in Zilker Park, I attempted to buy a Gatorade at a nearby Barton Springs Road Market, but that didn't go well either, as an interior Market commercial customer had a massive mixed breed dog trolling through the diminutive shopping isles. Then this morning, at a Coffee shop on SoCo, there was only 1 entry way in and out, and there was another large, although more docile mixed breed dog. All of this has occurred in less than 24 hours. What's the point? The City of Austin's dog friendliness and citizen enabling of irresponsible dog owners has gotten out of control. Newsflash! Not everybody like dogs, being everywhere all the time. especially within ...
3 comments
Read more