2006-08-31 23:10:36 · 15 answers · asked by kerrykinsmalosevich 3 in Home & Garden ➔ Garden & Landscape
My next door neighbour has offered to buy part of it and it will be more useful to them than me. But I don't know how much to charge.
2006-08-31 23:17:53 · update #1
We've done this.
It doesn't sound like much space.
you'd have to consider what they would use it for. Afterall, there is no recommended selling price, land is only worth what people will pay for it.
If its for Garden, you're looking at £1200 or so. Make sure you get them to pay all your legal fees as well ( for changes to the land registry )
if it looks like they could then build on it then thats a different matter. Would it intrude on your space/view. How would you feel if you "enabled" a large extension ? Also, if they are looking to extend onto it I'd charge much more - £5000
You could also get a covernent on thier deeds that said they could never build on that space - they might not agree to that though....2 prices ? £1500 with a covernent, £5K without
2006-09-01 00:19:28 · answer #1 · answered by Michael H 7 · 3⤊ 0⤋
$1
2006-09-01 06:18:32 · answer #2 · answered by Cheppyyyyy 2 · 0⤊ 1⤋
It depends on how this triangle of land relates to both your property & your neighbours, and what they plan to do with it.
What you have to consider is:-
1. How the loss of this land will affect the ability to sell your house. (e.g. Would you lose to potential of putting a vehical off the road.)
2. If your neighbour was to sell-up and move, could this peice of land be put to use the you might not approve of? (e.g. Turning it to Hardstanding for a Caravan / building on it).
If you have any concerns on either of the above and your neighbour does not need the land in order to errect a permanent structure, you could look at leasing it to him on a yearly basis.
2006-09-01 06:56:20 · answer #3 · answered by Martin G 4 · 0⤊ 0⤋
How can a triangular area be 6' x 10'?
I thought all triangles were the same length???
2006-09-01 06:17:31 · answer #4 · answered by jennifersuem 7 · 0⤊ 1⤋
If your in the uk you can look previous land sale prices on rightmove.com. You can have the land valued by an estate agent.
2006-09-01 06:31:04 · answer #5 · answered by Anonymous · 0⤊ 0⤋
find a friend of a friend of a friend who is a surveyor..or pay for one..to find the value...otherwise YOU will be out of pocket..or you could find out the price of an acre of land and reduce it til you get to the area size you want...
2006-09-01 07:22:30 · answer #6 · answered by hondanut 4 · 0⤊ 0⤋
neighbors dont always get along forever. not sure if i would want to sell anything to them. also, if you ever sold the place would that impact the sale price? then you may need to worry about property easements.
2006-09-01 06:44:57 · answer #7 · answered by humorme! 3 · 0⤊ 0⤋
I'll offer you 20 quid. How much will the postage be?
2006-09-01 06:12:32 · answer #8 · answered by Anonymous · 0⤊ 0⤋
the land wont be worth a lot but the legal fees for transferring ownership my cost quite a bit......think about leasing it to him for a nominal rent.
2006-09-01 06:29:06 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Don`t sell it,grow things in it and sell that instead!!
If you grow and sell flowers,fruit and veg,you will haave regular money coming in throughout the year,every year..........
2006-09-01 06:17:10 · answer #10 · answered by Happy. 3 · 1⤊ 0⤋