Transcript
Two lots, same amount of land, but I'd buy the red one every time. The green one, only if the price was dirt cheap. They may look close, but they're two completely different deals. One detail changes everything, and most people miss it. Here's why the red lot wins. The road runs across the whole front, so you have options. Put the driveway here, bring utilities in easier, and make the property easier to build on and easier to sell. Here's where the green lot gets expensive. That narrow entrance is the only way to reach the back. Before building, you may need to clear trees and add a long driveway. That cost comes straight off the value. Now let's put a number on it. A nearby five acre road frontage lot sold on Redfin for $62,000. That supports the value of the red property. But here's the mistake. You can't automatically give that green flag lot the same value. Same acreage does not mean same value. The red lot gives you frontage and choices. The green lot gives you extra cost before you ever build. So check the access first because cheap land can become a money pit.