Home › Forums › Closed Forums › Properties or Areas › Land value factor in home price › Lot Price = Home Price – Home
Lot Price = Home Price – Home Construction Price – Builder Profit.
In Detroit, lot price is already negative. In San Diego, some homes have negative lot price but most still have good values.
In nearby 4S Ranch, a 5700-6000 sqft lot cost the builders ~$180K-$200K back in 2001 and ~$300K today.
