The cost of land per acre varies greatly depending on location and intended use. On average, in the United States, the cost of one acre of land is around $16,000. You can buy an acre for under $1,000 in some places, but some commercial lots and agricultural properties can exceed $100,000 per acre. Land values are determined by factors such as ...

Task near real-time high resolution SkySat imagery from Planet directly via AcreValue. Perform near real-time diligence and monitoring on your land. Orders are 5km x 5km at 50cm resolution. View maps featuring agricultural data, sold land, and land for sale. Discover farmland values, soil productivity, crop mix, and parcel ownership.

The appraiser will put together a comprehensive report that considers three key valuation approaches: The Income Approach. The Cost Approach. The Sales Comparison Approach. These are widely considered to be the most reliable methods of determining a property's market value.

Both sites offer land value search parameters by ZIP code, state, county, and acreage, meaning you can get recent sales specific to your area. As with any search, findings will show recent sales and estimated values of current listings. Ultimately, the value of anything is determined by the agreed-upon price between buyer and seller.

The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. It is not an appraisal and can’t be used in place of an appraisal.

The most common methods are the comparable sales approach, income analysis, and cost analysis. 1. Comparable Sales Approach. This is the simplest method and uses the sales data of comparable lots to determine a rough market value. This is done by comparing the sales price of other similar pieces of land in the area to determine a rough estimate ...

Bankrate’s AVM framework consists of these 6 sub-models that provide unbiased, low-risk estimates on market value, at a given point in time: Enhanced Home Price Index Model - Reflects an update ...

To calculate the market value of land, appraisers consider factors such as the property’s location, size, shape, and topography, as well as any improvements made to it. The value of the land itself is determined by its potential uses. For example, farmland typically has a higher value than undeveloped land because it can grow crops or graze ...

( ZEST-ti-met) The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. The Zestimate incorporates public and user-submitted data, taking into account home facts, location and market conditions. It is not an appraisal and it should be used as a starting point. We encourage buyers, sellers and homeowners to supplement the Zestimate […]

How is the land value determined and how using objective criteria for determining its market value? About the market conditions at a given time, the market value of a good is the price that can be obtained after the sale. ... You can always opt for a land value calculator to streamline the calculations or hire a professional appraiser to do it ...