Factors influencing land value location size utilities

The key factors include location (proximity to urban areas, schools, and infrastructure), size (larger parcels may be more valuable but also harder to sell), and availability of utilities (access to water, electricity, and sewage systems).

Land with readily available utilities such as water, electricity, and sewage typically commands a higher price because it reduces development costs for potential buyers.

Location influences accessibility, desirability, and potential uses for the land. Proximity to cities, highways, amenities like parks or schools can significantly increase its market value.