The PROPERTY DOCTORS, Sydney Australia Novak Properties
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The PROPERTY DOCTORS, Sydney Australia Novak Properties
EP. 1701 - IS YOUR HOUSE ACTUALLY A DEVELOPMENT SITE? HOW TO FIND OUT
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🏗️ Could your property be worth more as a development site?
It starts with knowing three things:
📍 Your property's zoning
📏 Your land size & FSR (Floor Space Ratio)
🏙️ What can actually be built on the site
Once you have those, you can estimate a developer's feasibility and understand what your land could be worth.
One important thing to remember: your property may have two different values—one to a family buying a home, and another to a developer looking at the land. Sometimes they're the same, and sometimes they're worlds apart.
Thinking your property has development potential? We'd be happy to help you assess it. 📞
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