If you are considering buying or selling a piece of land, it’s often helpful (and sometimes required) to get a professional appraisal. Luckily, William Cook Appraisal Service provides comprehensive land appraisals throughout Jacksonville, FL.
A land appraisal is slightly different from other types of appraisals because they require a little bit of additional work on the part of the appraiser, so it’s best to hire someone with knowledge of the process and the industry. Despite the additional work required, however, land appraisals are calculated similar to other types of appraisals.
Typically, an appraiser completing a land appraisal will have to go through city records and study the history of the land. They may even have to talk with city officials, local real estate agents, and other appraisers who are familiar with land in the area. The main things they take into consideration are:
Can someone build on the land?
What would the land best be used for?
How much are comparable pieces of land selling for in the area?
The professionals at William Cook Appraisal Service have extensive experience completing land appraisals and always do their best to provide you with a fair and thorough appraisal that is supported by plenty of data.