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What is fair price for flat green 1024m2?

FD Spark
Prim & Texture Doodler
Join date: 30 Oct 2006
Posts: 4,697
02-22-2007 04:14
What is fair price for 1024m2?
I made mistake of buying outside the area I wanted debating on reselling.
I am no landbaron just artist trying to acquire land for group of friends and I don't want to over charge but I like the money back so I can buy this spot I had missed.
Stephen Zenith
Registered User
Join date: 15 May 2006
Posts: 1,029
02-22-2007 04:22
How long is a piece of string?

Do you mean what's the market value?
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FD Spark
Prim & Texture Doodler
Join date: 30 Oct 2006
Posts: 4,697
02-22-2007 04:33
From: Stephen Zenith
How long is a piece of string?

Do you mean what's the market value?

yes Market value currently.
String? What is peice of string have to do with this?
Pixel Commerce
Registered User
Join date: 10 Jun 2006
Posts: 5
02-22-2007 04:38
From: FD Spark
String? What is peice of string have to do with this?


Haha, he means you can't just say "It is x amount" there is too much variation :)

Well, thats how I got it :/
Annabelle Vandeverre
Heading back to Real Life
Join date: 30 Nov 2006
Posts: 609
02-22-2007 04:41
The easiest way to determine market value is to look at what's currently for sale. Do a search for land sales and price accordingly. You may want to TP out to a couple of for sale properties to see how they compare to yours first.
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Alazarin Mondrian
Teh Trippy Hippie Dragon
Join date: 4 Apr 2005
Posts: 1,549
02-22-2007 04:58
From: FD Spark
What is fair price for 1024m2?
I made mistake of buying outside the area I wanted debating on reselling.
I am no landbaron just artist trying to acquire land for group of friends and I don't want to over charge but I like the money back so I can buy this spot I had missed.

8k L$ Anything above that is a ripoff.
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Skye Whitcroft
Disappointed
Join date: 14 Dec 2006
Posts: 207
02-22-2007 05:03
From: Alazarin Mondrian
8k L$ Anything above that is a ripoff.


Impossible to say what's fair but the cheapest 1024 in the game right now is probably L$14.5k
Ray Musketeer
Registered User
Join date: 22 Oct 2005
Posts: 418
02-22-2007 07:44
a fair price is whatever another is willing to pay for it with full knowledge and understanding of the transaction let me suggest selling it to me for a dollar and divesting yourself of such a perplexing problem :-).
Stephen Zenith
Registered User
Join date: 15 May 2006
Posts: 1,029
02-22-2007 07:46
From: Alazarin Mondrian
8k L$ Anything above that is a ripoff.


Alazarin thinks land is overpriced. Shocked, I tell ya.
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Rockwell Ginsberg
Boss
Join date: 3 Oct 2006
Posts: 560
02-22-2007 07:47
From: Ray Musketeer
a fair price is whatever another is willing to pay for it with full knowledge and understanding of the transaction let me suggest selling it to me for a dollar and divesting yourself of such a perplexing problem :-).


LOL

I'll buy for two
FD Spark
Prim & Texture Doodler
Join date: 30 Oct 2006
Posts: 4,697
02-22-2007 08:19
darn if i sell under 8k I lose money:( Until reccently all land where I want it has been over 8k for 512m2 lot.
Grammar question do we use "sale" or "sell" my brain couldn't figure it out.
Oh well I live with land mess up I loved the location but it doesn't add to my my the main land I am on because it is in another region:(
But good new I learned to subdived the 1024 lots.
Stephen Zenith
Registered User
Join date: 15 May 2006
Posts: 1,029
02-22-2007 08:35
From: FD Spark
darn if i sell under 8k I lose money:( Until reccently all land where I want it has been over 8k for 512m2 lot.
Grammar question do we use "sale" or "sell" my brain couldn't figure it out.
Oh well I live with land mess up I loved the location but it doesn't add to my my the main land I am on because it is in another region:(
But good new I learned to subdived the 1024 lots.


Don't worry, you should be able to get much more than 8k for the 1024sqm. If you put it up at 13k, people will be swarming all over it, so market value would be somewhere above that.
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Tad McConachie
Registered User
Join date: 6 Oct 2006
Posts: 76
02-22-2007 09:17
Well, I bought a 2048 sq m plot for $25kL and moments after I bought it the land barons showed up wondering wtf happened. So, $25k for a 2048 plot is currently apparently a great price.

If you're selling, sell soon. If you're buying, wait for the new continent.
Dnate Mars
Lost
Join date: 27 Jan 2004
Posts: 1,309
02-22-2007 10:54
Cheap land is about 10l/m, so 10000 is a cheap plot. I would go with 15000 for a 1024, you should be able to sell it pretty quick if it is a nice green flat lot. Or, maybe even better, if you are not looking to make a profit, just sell it for what you bought it at.
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From: Cristiano Midnight
This forum is weird.
FD Spark
Prim & Texture Doodler
Join date: 30 Oct 2006
Posts: 4,697
02-22-2007 12:04
I wanted more prims within Bluehound.
I end up by next to my lot 2048m2 which I did put 2 and 2 together that the I can't use prims towards Bluehound because its entire other region.
the land I wanted I thought was still 89k for 1536m he lowered it to 34k I could have bought but friend says its too expenisve.
I bought the land for 32k I want at least little bit back. I got it set for 9k but don't know if it will sell at 7k per lot for 512 I be losing money not be able to buy the land I wanted.
Dnate Mars
Lost
Join date: 27 Jan 2004
Posts: 1,309
02-22-2007 12:06
From: FD Spark
I wanted more prims within Bluehound.
I end up by next to my lot 2048m2 which I did put 2 and 2 together that the I can't use prims towards Bluehound because its entire other region.
the land I wanted I thought was still 89k for 1536m he lowered it to 34k I could have bought but friend says its too expenisve.

And he is right. That places the land at over 20l/sqm. If he is trying to sell it, maybe you could swap land with him. Trade the your 1536 for his. Or maybe give him the land plus a little more L$. Try talking with him, a lot of times they will just sell to be rid of the land.
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From: Cristiano Midnight
This forum is weird.
FD Spark
Prim & Texture Doodler
Join date: 30 Oct 2006
Posts: 4,697
02-22-2007 12:15
From: Dnate Mars
And he is right. That places the land at over 20l/sqm. If he is trying to sell it, maybe you could swap land with him. Trade the your 1536 for his. Or maybe give him the land plus a little more L$. Try talking with him, a lot of times they will just sell to be rid of the land.

I wrote him and ask bit ago if he wanted to sell I told him I couldn't pay 89k for the 1536 lot which is about like over 300 usd but I willing to pay around 25k or something but he said he really didn't want to really sell.
Then I looked at lot and price had dropped 55k after I bought the other land
I know he got those lots for 16k at least he still make a profit
Because we were buying land at same time and going price was under 5100 l before the bots came in raised prices to 9-10k