What Determines Land Value? Key Factors Buyers Care About Most

By
January 13, 2026

Land Value in Real Estate

When selling or buying land, value isn’t just about acreage. Here are the 5 key factors that buyers care about most:


1. Location & Access

Easy, year-round access and good road frontage make land more desirable. Proximity to towns, services, and amenities also adds value.

2. Zoning & Usability

What the land can legally be used for — agriculture, residential, commercial, or recreational — greatly impacts its value. Usable, well-shaped land is always preferred.

3. Utilities & Infrastructure

Electricity, water, septic, fencing, and other improvements increase appeal. Turnkey, build-ready parcels command higher prices.

4. Natural Features

Soil quality, terrain, water sources, timber, and scenic views all affect land value. Buyers pay a premium for productive or visually appealing land.

5. Market Demand & Future Potential

Limited inventory, buyer interest, and nearby development trends drive pricing. Land in high-demand areas with long-term growth potential is especially valuable.

Contact Michael Cox for a FREE land value estimate on your property!