Trying to find aprox value of residential building lot in Oshawa Ontario?

Question

L ot is 30X 100 ft

Answer 1

There are so many factors that go into the price of land, its not even possible to guess the value just based on the city name and the lot size.

Real estate is generally priced based on "comparables". That is, in order to determine how much a house is worth, real estate appraisers will often look at other houses on the same street or in the same neighborhood, and see what they have sold for recently. If your next door neighbor's house sold for $100,000 a month ago, chances are yours is around that much.

Of course, the market, the condition of the property, the features compared to your neighbor all contribute. But if you compare apples-to-apples (similar properties to each other), that is the best way to determine the value of it.

Try looking at http://www.mls.ca/ and find a similar sized land near the one you are looking at. You can zoom into Oshawa, and pick "Land only" as the property type. Or talk to a real estate professional in the area - there is no charge just to talk to someone if you are interested in buying something.

And seller pays commission anyways, even if you do buy.

Answer 2

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Answer 3

It depends what part of Oshawa you're in really. Where about is the lot?