The land residual method is used in development appraisals to assess the market value of land or land and buildings, where there is potential for the land to be put to a higher value use. Examples include:
There are usually 4 stages in the land residual method:
We have a team of Chartered Surveyors and RICS Registered Valuers experienced in the preparation of development appraisals for residential and commercial development schemes. Here at Rory Mack we provide our clients with development appraisals across Stoke on Trent, Staffordshire, Cheshire & Shropshire. So be sure to get in touch for more information!
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