How To Know EXACTLY What a Property is Worth (Evaluating Land Deals) » 1408

If you’ve ever worried about overpaying for a property or getting stuck with a bad deal, I get it—I’ve been there. One of the biggest fears new land investors have is not knowing how to value a piece of land. What if you can’t find comps? What if it’s landlocked or has zoning restrictions or wetlands you didn’t catch? In this episode, I’ll walk you through how simple it actually is to evaluate vacant land, find comps, and know exactly what to offer.

I break down my entire process for determining land value using free tools like Zillow, Redfin, and Google Maps, plus a few powerful paid ones like Regrid, Land Portal, and Prycd. You’ll see how I find comps, analyze sold and active listings, and use price-per-acre averages to get a solid ballpark value—without getting stuck in analysis paralysis.

You’ll also learn why being a conservative buyer protects your profit margins, why data matters more than emotion, and how to use my free Zillow Chrome Extension to scrape comps and instantly calculate offers. Whether you’re new to flipping land or refining your process, this walkthrough will show you exactly how to simplify valuations and make confident, profitable offers every time.

What’s Inside:

—How to find accurate land comps using Zillow, Redfin, and Land Portal

—Why price-per-acre is the simplest way to value vacant land

—Joe’s proven formula for making offers (40–50% of resale value)

—The key due diligence checks every investor should follow