Master Site Valuation Secrets Unlike Anything You've Known
The Importance of Location and Market Trends
Location is often cited as the most critical factor in site valuation. Properties in prime locations typically command higher prices due to their desirability and potential for appreciation. Market trends also play a significant role, as they can influence demand and supply dynamics. For example, a growing economy with increasing employment opportunities can drive up property values1. By staying informed about these trends, you can anticipate changes in property values and adjust your investment strategy accordingly.