What Does “Land Residual” Mean? During the land acquisition process or in the financial analysis, “land residual” is a commonly heard term. In essence, the land residual is tantamount to meaning the as-is value of the land in its current …
Why Do Podium Projects Cost So Much? In the residential arena, it would seem that most of the house construction consists of 2-story wood framing on some type of standard foundation, with a 2-car attached garage. Generally considered to be …
Does Density Increase Land Value? Many times throughout my career, I have come across the thinking that increasing the density – homes per acre – on a parcel equates to increasing the land value. Surely building 100 homes instead of …