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.
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