Buying vacant land and building your own home can create a lot of instant equity. Here is an easy equation for you to use. Look at the value of a similar sized new home in the area you would like to build in. Let's say it is $600,000. The cost of the lot should be no more than 1/3 of this value, or about $200,000. In Westchester and Putnam County good buildable property is not easy to come by, so you may pay a little extra for a really good parcel.  

The site preperation, Building cost should not exceed 2/3 of the value. The difference will be your equity. The more sweat equity you put into the building process the more equity you will acumulate. 

 If you are thinking of listing or buying land in Westchester, Putnam or Dutchess County please give me a call.

Thomas Santore
Associate Broker
Coldwell Banker
845-590-5488

Visit my web sites at http://realestatesallhere.com and http://icansellyourland1.com

Past Blogs

We Need Land Listings!!! Westchester County Residential Vacant Land

Selling Your Vacant Land. What is your competition doing in Westchester and Putnam County?

Now Is The Time--Westchester & Putnam County Real Estate-Selling Your Vacant Land

Selling or Buying Your Vacant Land in Westchester and Putnam County-Things you should know!!!

Reduced to $179,000.00-Lot / Land For Sale in Cortlandt Manor, New York 10567

I HAVE 2 PIECES OF VACANT LAND WITH 4 BED ROOM BOARD OF HEALTH APPROVALS

Selling or Buying Your Vacant Land in Westchester or Putnam County?

If you own land and would like to sell it , or if you are looking to buy land.

Selling Your Vacant Land, Fall is the perfect time to sell!!!!

NEED 2 PIECES OF VACANT LAND NEXT TO EACH OTHER? CALL ME!!!!

Selling your VACANT LAND in Westchester or Putnam County? Give me a call.

Tips for selling your vacant in Westchester and Putnam County.

Looking to sell your VACANT LAND? I have a lot of EXPERIENCE!!!

Selling your VACANT LAND--Does your land have approvals?

SELLING YOUR VACANT LAND---Not the same as selling your home!!!

Selling your Vacant Land--BEWARE OF END USERS. 

Selling your Vacant Land-- IS NOW THE TIME TO SELL?

Looking to sell your vacant land in Westchester or Putnam Counties in New York?

Have you ever looked at land with wetland on it and wanted to know if it was buildable?

BEFORE I SELL MY VACANT LAND SHOULD I HAVE A SURVEY DONE?

Looking to sell your VACANT LAND? How to find the right AGENT to SELL your Property!!!