All Topics / Help Needed! / method to valuate townhouse land valuation Search for: Viewing 2 posts - 1 through 2 (of 2 total) JohnParticipant@john_eb762791Join Date: 2019Post Count: 1 August 13, 2019 - 7:55 pm G’day fellows,I am new to the whole world of investment, and i am still learning. :)Can i ask if I would like to buy a townhouse, is considering the land valuation worth doing it? if so, what’s the right way to calculate the approximation of the land value?For example, on qld land valuation site (https://www.dnrm.qld.gov.au/qld/environment/land/title/valuation/search) , the land is 1.5ha and valuate at $4,100,000 and the townhouse has 392m2 of land and the building is 20yo. I wonder what method you guys evaluate to spot if the asking price is a good deal or bad deal?Thanks in advance. Scott No MatesParticipant@scott-no-matesJoin Date: 2005Post Count: 3,856 August 14, 2019 - 11:12 pm You look for comparable sales – ie other 3 bedroom townhouses nearby.Land value means precious little unless the site is massively underdeveloped.Viewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic. If you don't have an account, you can register here.