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5 Tips For Selling Your Vacant Land In Indianapolis

5 Tips For Selling Your Vacant Land In Indianapolis

Selling your vacant land in Indianapolis may be more profitable and lucrative than just holding onto it, waiting for it to appreciate. While land doesn’t cost much to own, it may not gain value as quickly as other types of property. In our latest post, we offer tips on how to sell your Indianapolis land quickly and for a great price!

Owning land is a relatively hands-off real estate investment. Compared to a house, there is very little upkeep that you have to do, which reduces the overall cost of ownership. Because of this, many investors will hold onto land that isn’t doing much of anything. However, what if you sold that land and put the money to a higher use?  Instead of sitting on that land you could sell it and put the money toward a new investment, pay off an old debt, or to help pay for your child’s education. Here are some tips to help you sell your land quickly and for the best price in Indianapolis!

Clean It Up

Fortunately land is easier to clean up than a house, and doesn’t require much maintenance.  Before you sell your vacant land in Indianapolis, there are a few things you can do to make it more appealing for your potential buyers. If there is an old foundation, underground oil or fuel tanks, or any remnants of an old structure, you may want to take the time to remove these items. Leftover and forgotten structures are not only an eye-sore, but they may dissuade someone looking for a piece of land that they can build on right away.

You may also want to remove brush, bushes, and trees that may impede development or look aesthetically unappealing. You can even go so far as to go back in and plant a few flowers or even a tree in a place that won’t get in the way of development. Remember, not everyone has the same taste, so it is best to keep things simple and clean.

Highlight The Potential

Give your buyers an idea of what can be done with the land. Learn the zoning and/or the highest and best use for the land, and even pay for some plans or schematics to illustrate the types of structures or uses that could be the best fit.  You can include financial projections so your buyers will know what they can potentially gain from the vacant land purchase. If you can provide the vision of the land’s potential, you may be able to attract buyers who otherwise may never have been interested in your lot.

Mark The Boundaries

If someone wants to see the land in person, it’s a good idea to place markers along the property lines. This allows the buyer to have a better idea of what can be done with the land. It can be tough to accurately visualize your idea for the land unless the boundaries are clearly laid out. If you aren’t sure of the exact spot where your property begins and another ends, you can enlist the help of a professional surveyor or reach out to the county to find out which maps are available that provide information about your land in Indianapolis.

Have The Answers Ready

When selling your vacant land in Indianapolis, it’s important to understand the zoning and land classification. You’ll need to know about the types of soil on the land, nearby protected plants and animals, as well as any additional building restrictions your potential buyer may face after buying your land in Indianapolis. You don’t want to present misinformation or miss out on a sale because you weren’t able to answer the questions quickly enough. And just like selling a home, it is important that you disclose everything you know about the land you want to sell in Indianapolis.

Work With A Professional

Working with a professional land buyer in Indianapolis is a great way to sell your land fast without having to wait for a buyer or wonder how much you will be offered. Cleanup isn’t necessary, nor is learning about the zoning and highest and best use.   When you sell your land directly to 317 Home Buyers, we are able to buy and close in just a few days, plus, we always pay a fair price.

Are you thinking about selling your vacant land in Indianapolis? Before you call a real estate agent or trying to sell the property as a For Sale By Owner, find out what a direct sale will mean for you! The process is fair and equitable and may be more profitable than you might think!

Selling your vacant land in Indianapolis can be simple! Reach out to us today for more information at 317-623-4734.

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