PRICE COMPARISON · 5 min read

How to compare land PSF without fooling yourself

Tenure, shape, condition and location can make identical land rates mean very different things.

Normalise the basics

Compare tenure, immediate street, plot shape, frontage and access before treating two land PSF figures as peers.

Separate house from land

A usable newer building carries value that a rebuild plot does not. Estimate likely works so the comparison reflects total acquisition cost.

Use a range

Thin landed markets rarely support false precision. A reasoned range with clearly stated adjustments is more useful than one magic number.

INDEPENDENT PROPERTY DISCUSSION

Understand the house
before the offer.

Review the plot, planning context, condition and alternatives with an advisor.

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