The land market is significant across many valuation fields. In many respects it is the most important aspect of property. Where a site is fully developed land will represent a lower proportion of total value. That compares to a low site cover property, where redevelopment represents the highest and best use. At AIM we track land value trends and differentiate between value drivers such as zone, density, use, contour and environment. What is allowed on one site may not be on a neighbour which can be a key aspect of value differentiation.
Land values are the most volatile, rising strongly when a market is in growth phase, and dropping when demand and funding options change. Aspects that can influence land value is the ability to generate holding income, consent, scale, and title registrations. AIM undertakes a variety of land value assignments, including subdivision, disposal, strategic, and leasehold. We are available to meet or discuss your specific requirement.