Hey everyone. I was just having a thought and wanted to get your opinion out of curiousity. What would be worth more, a property with one title or a subdivided lot? For example, if I had a peice of land with 4 units on it and I wanted to sell all of them. Would I get more if I subdivided the lot and sold them all individually? Or would I get the same amount of I were to just sell them all on a one title lot?
Selling with a DA for subdivision would yield a better figure than a sale in one line. Selling subdivided will achieve a better figure again but reflects the work, time, risk and cost involved.
Separate titles will be worth more - far more buyers out there for a home/single IP than there are wanting to buy four, at once, next to each other. The only uplift you would get from selling as one lot that I can see would be if there was further development potential that only a consolidated site could facilitate.
it will be worth more, however it will still come down to the quality of the plan/designs, and they will sell if there is money in it for the buyer/builder. Comes down to understand the numbers
Absolutely! If you want a quick - location specific response speak to a prominent real estate agent in the area you are looking at and ask what similar properties in the area are selling for. They might not have much sales history/experience with the 'four on one lot' example but it is worth getting the opinion of someone 'at he coal face'.
