In my area/city/country, there are people who want to buy “empty small land” (categorized as agricultural). They buy this type of land mostly as a hobby farming thing.
Empty land looks ugly to me. I think land that has some nice trees looks better. Therefore it must have more value. Maybe it would increase the sales price by 50%. Any ideas? Anyone knows? I don’t know.
My area is DRY: https://i.postimg.cc/DzFFDSPc/image.png
Prices in green areas of the country are way higher. Like 200%+. Though I didn’t look at all areas.
This country is MOSTLY dry. Cities are MOSTLY concrete jungle and ugly.
You’d get more for developing the land, yes. But depending on your area, and how you develop it, you might not profit from it.
Land with trees on it looks nicer, and draws a higher premium, but usually only if those trees are mature and provide benefits in the form of shade, use, etc.
A scraggly patch of undeveloped land with some scraggly new trees won’t see much of an increase.
Really depends on the market, and the effort you’re willing to put in if making money is the goal.
Thanks for your input! Can I ask you some follow up questions in private?