Opening your land workspace…
A good purchase starts with better questions. Model the costs, review the evidence, and see what has to be true for the numbers to work.
Compare evidence. Account for the work. See which assumptions change the decision.
USD throughout. A zero cost is your assumption, not a confirmed absence of cost.
These are transparent worksheets using your evidence and assumptions.
A current as-is comparison. Enter at least three distinct closed transactions for matching rights and use. Review location, size, condition, concessions and parcel bundles. No automatic dollars-per-acre scaling is applied.
· A positive total closed-sale price is required.
· Valid acres are required.
· The sale date is invalid.
· A valid source/document URL is required.
· Only reviewed, verified closed sales qualify.
· Use and conveyed rights must match.
· Arm’s-length consideration is not confirmed.
· Size, location, condition and transaction bundle need human review.
· This source, date, price and acreage repeat an existing transaction.
· A positive total closed-sale price is required.
· Valid acres are required.
· The sale date is invalid.
· A valid source/document URL is required.
· Only reviewed, verified closed sales qualify.
· Use and conveyed rights must match.
· Arm’s-length consideration is not confirmed.
· Size, location, condition and transaction bundle need human review.
· This source, date, price and acreage repeat an existing transaction.
· A positive total closed-sale price is required.
· Valid acres are required.
· The sale date is invalid.
· A valid source/document URL is required.
· Only reviewed, verified closed sales qualify.
· Use and conveyed rights must match.
· Arm’s-length consideration is not confirmed.
· Size, location, condition and transaction bundle need human review.
0 of 3 required eligible sales. Source-linked, reviewed closed transactions are needed; asking prices and unreviewed transfers do not qualify.
Future resale is a separate assumption. A current estimate does not predict appreciation.
Exit occurs after 12 months, in the condition assumed by your work budget. Avoid both discounting value for a defect and charging its cure unless the scenario actually includes both.
Your review selections apply to this worksheet only. Record supporting documents in the deal room.
Unknown legal access, use or ownership evidence always withholds a positive opportunity label. An apparently cheap asking price cannot override a critical issue.