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How does topography or site condition differ from comps?

Physical Terrain and Land Leveling

Topography directly affects construction cost and usability. Comparables may differ in grading, elevation, or natural slope.

  • If the subject land is flat and ready for construction, it holds more value than sloped or uneven comparables
  • Comparables requiring landfilling or grading are adjusted downward when compared to leveled subject land
  • Low-lying or waterlogged plots reduce usability and are valued lower than well-drained sites

Site Condition and Readiness

Site condition includes accessibility, presence of vegetation, fencing, and surface condition. These influence both development time and investment readiness.

  • A cleared, fenced, and compacted site is valued higher than comparables needing preparation
  • Sites with road access and boundary walls are adjusted upward over raw or inaccessible land
  • Comparables requiring major cleanup or vegetation removal are considered less favorable

Accurate adjustments based on topography and condition help reflect the subject land’s true development potential and market competitiveness.

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