You might be surprised to learn that the answer depends on a number of factors—and one of those factors is what you want to use your land for.
If, for example, you're looking to sell your land and retire, you'll have a different answer than if you're looking to farm it or buy it as an investment. The value of your land
will depend on how much someone wants to pay for it.
3. How much has been invested into the property?
3. How much has been invested into the property? This includes any improvements made over time as well as recent renovations or additions to buildings on the property that could increase its value substantially (like adding an extra room).
4. Get an appraisal from at least three different real estate agents or brokers .