Is there some guide to establish the selling price of land?

[Jackie1957]

I have some property I want to sell and I don't know how much to ask for it. I know what I paid for it.The properties adjacent are not for sale, so I have no guage for how much to ask.

[Rolig Loon]

Just as in RL, the property is worth whatever a buyer is willing to pay you for it.  You can get some clues by visiting other property similar to yours (same size and general neighborhood, similar landscaping, similar average traffic .... ) and by looking at ads for similar property in the Land forums.  In the end, though, it's up to you to decide how much profit you want to make (if any) and how desperate you are to sell right away.  There are no relevant guides other than that.

[Karen Oaklourne]

I agree with the last answer.

However as most buyers do not know about this forium (like my self until yesterday); I would also scour the map to check for compairable priceing. Keep in mind that most sellers ask too much.

My own guide line in buying land is 5 PSM or under. That seems to be a decent selling price too.

Above that takes a bit longer.

Near a road or water seems to do the best. I have no idea why. It's hard to drive a car in SL.

The water offers a veaw but no one realy uses it.

Summery:

Waterfrount mainland I would ask 7.0 PSM

Road maybe 6.0

Inland is going to be 4.0 tops depending on the land rateing.

(General 2.0, Moderate 4.0, Adult, sky seems to be the limit).

 

As the previous answer did note; it would depend on how fast you would need to sell the land.

I.E. is it worth paying the money for another month to keep it?