Sellers Want $X, But The Market Says? | Real Land Deal Analysis

A seller’s asking price is not the real price.In this episode, we walk through how we underwrite a 45-acre land deal from scratch to figure out what the land is actually worth to us as investors.The seller had a seven-figure number in mind, and on the surface, the deal appeared to have a potential gross development value of more than $2.6 million. But gross value is not profit.We break down how to work backward from the exit, analyze finished lot comps, estimate development costs, account for selling costs, model developer profit, add contingency, and stress-test the assumptions before making an offer.This episode covers why access, utilities, nearby development, lot count, perc tests, infrastructure, county requirements, and buyer demand can completely change the value of a land deal.This is not about lowballing sellers. It is about replacing hopes and guesses with real underwriting.Want a guide to help you evaluate land deals before you buy?Download our free Due Diligence Playbook here:https://thelandmethod.com/wealth-playbook/Interested in learning more about our live 5-week land investing training?Schedule a call here to see if it is a fit:https://api.leadconnectorhq.com/widget/booking/OdfBSNZw9w23X6Kab41HLearn more from The Land Method:https://www.youtube.com/@TheLandMethod