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Phases of Land Development
- Raw Acreage
- Site Developed
- Utilities in Place
- Roads in Place
Factors to consider in getting your commercial and residential land assessment reduced
- Make adjustments for size.
- Make adjustments for shape and depth.
- Are there easements running through the property?
- Are there topographical issues with the site?
- Is there a set-back from the road for development?.
- Was there a developer’s discount for residential and commercial subdivisions?
- Are there zoning concerns?
- Is retention ponding required?
- Are utilities in place?
- Is the property in a Flood Plain?
- Is the property below grade from the road?