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5 min read
Pricing a house with land: how acres are valued

Hay fields outside Red Hook

Written by Nora Ashby
Licensed in New York since 2013
Sellers often expect each acre to add the same value. It rarely works that way.
Buyers pay most for the first few acres: privacy, a view and room for a garden. After that, value depends on what the land can do. Open fields for horses or a vineyard add a lot. Steep woods add much less.
How I price it
I look at recent sales with similar land, not just similar houses, and walk the boundaries with you before I give you a number. The written range always shows the sales it is based on.



