How to price land in Michigan

To determine the market value, research recent sales of comparable properties (comps) in your area, consider hiring a professional appraiser, and check online real estate platforms for current listings.

Key factors include location, size, zoning regulations, utility access, topography, and proximity to amenities like schools, shopping centers, and transportation.

Working with an agent can provide market insights and marketing services but involves commissions. Selling directly for cash can be faster and avoid fees but may require more effort on your part to find buyers.

List your property on popular real estate websites, use social media marketing, network within local investment groups, offer competitive pricing, and highlight unique features or potential uses of the land.

Ensure you have clear title ownership without liens or encumbrances. Be aware of necessary disclosures regarding environmental issues or restrictions. Consulting with a real estate attorney can help navigate these requirements.