Unusable land

“We’re looking at a home on over a quarter acre, most of it is on a hillside and unusable. The agent we’re working with keeps telling us that the huge lot means the property is worth more. Is it?”

***ANSWER:
If the large lot means you have greater privacy, a view, the ability to build something bigger that is appropriate for the area, etc., that can indeed add value.

But unusable sloped land in itself only inflates an owner’s ego, not the property’s value. In fact, it can sometimes be a small negative if you have more to land to maintain and clear to avoid fire hazard.

I think your agent doesn’t know what he’s doing or he has what I call “commission breath”…he’s saying whatever he thinks will help make a sale.

Selecting the right agent