Land Values Calculator

If for example you purchased a property for 150 000 and the bank s appraisal comes back with 180 000 consisting of 50 000 for the land and 130 000 as replacement value of the house then it is fair to conclude that the land value is 33 33 of the.
Land values calculator. Published 24 may 2018 last updated 18 august 2020 see all updates. The most accurate online estimate. Dollarsanddirt was the first of its kind website that tracks values of farmland in iowa and farmland sale prices providing the most current and up to date information for all 99 of iowa counties. Land value estimates for policy appraisal along with guidance for their use and detailed assumptions made in modelling.
All home lending products are subject to credit and property. You can compute ltv for first and second mortgages. The zestimate is calculated from public and user submitted data. Dollarsanddirt is used by many landowners land brokers auctioneers and other interested parties to learn the newest farmland sale results and its free.
The zestimate home valuation is zillow s estimated market value for a home computed using a proprietary formula. It is a starting point in determining a home s value and is not an official appraisal. Acrevalue analyzes terabytes of data about soils climate crop rotations taxes interest rates and corn prices to calculate the estimated value of an individual field. Location is key and lenders are much more likely to underwrite a loan for a prime piece of desirable real estate than for a plot of land in the outskirts of nowhere.
Calculate the equity available in your home using this loan to value ratio calculator. While any parcel of land has some intrinsic value as a real asset you are much more likely to be approved for a loan if you can show that it also has value as an investment. We provide the most accurate value of a home for sale more than twice as likely to be within 3 of the home s selling price as other top online home value estimators. According to an independent study of on market homes the redfin estimate is the most accurate among leading automated home value tools.
Updating your home facts can help make your zestimate more accurate.