Hello,
I am looking at a townhouse in a complex of 20 odd townhouses. The particular townhouse I am looking at has a very large courtyard compared to all the others as it is on the edge of the complex.
From past sales, other townhouses in that same complex have been selling for $300-330k but the total amount of land is about half that of the townhouse I am interested in. The interior of the townhouses are all around the same size, however the courtyard is much much larger than all the others.
My question is, how much of a premium would you expect to pay for this extra land? What would be a fair price?
Thanks in advance for your help.
(P.S. I hope I've posted this in the right forum. Please move if this is the wrong place).
I am looking at a townhouse in a complex of 20 odd townhouses. The particular townhouse I am looking at has a very large courtyard compared to all the others as it is on the edge of the complex.
From past sales, other townhouses in that same complex have been selling for $300-330k but the total amount of land is about half that of the townhouse I am interested in. The interior of the townhouses are all around the same size, however the courtyard is much much larger than all the others.
My question is, how much of a premium would you expect to pay for this extra land? What would be a fair price?
Thanks in advance for your help.
(P.S. I hope I've posted this in the right forum. Please move if this is the wrong place).
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