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How Much to Ask |
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I want to sell 0.78 acres of residential raw land in a good location in Alexandria, Virginia and cannot get anyone to give me an honest price on what to sell this land for. What is the rule of thumb, if there are any these days, that I could come up with for a decent price to sell the land for. How much over the assessment can I ask; use to be assessment plus. I don't know anymore. I need help.
Thank you,
Cookie |
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There's no rule of thumb that uses the assessment as a guide to pricing, sorry. The only thing that matters is what buyers have been ready to pay for similar property lately. If you can't find such "comparable" sales, you may have to experiment with price until you hit a level that attracts buyers.
You don't say if you have consulted local real estate brokers -- they will have the best advice for you and it won't cost anything to pick their brains.
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Edith
Originally published on January 24, 2010 |
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