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How valuable is your land?

20181203_065754
How much does land contribute to the value of a property?

Land value is one of the most important elements to consider when weighing up the pros and cons of buying an apartment or detached house. In a rising market, it’s the land value that increases the most.

While the quality and livability of a property is very important, analysis shows between 70 to 80 per cent of the value of a purchase is wrapped up in land value for detached houses.

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