Ruvim Khemchan: What Makes Location King in Land Investing?
Have you ever wondered why two identical land parcels can command vastly different prices simply because they sit a few miles apart? When it comes to land investment, location isn’t just one factor it’s the deciding factor. But what exactly transforms a humble plot of earth into a high-value asset?
Imagine two lots: one tucked beside a busy highway and another hidden down a gravel road. Which do you think developers and end users will choose first? Proximity to major roads, public transit lines, and essential utilities like water and power can make or break a project before shovels even hit the ground. After all, why pay more for convenience when you can avoid costly extensions of electricity or water lines?
Now, consider zoning and future growth. How do local municipal plans shape land value? Areas slated for new schools, shopping centers, or technology parks often see land prices skyrocket long before construction begins. By tracking zoning changes and comprehensive plans, you can anticipate where demand for developable land will surge next, as noted by Ruvim Khemchan. Isn’t it exciting to pinpoint the next “up-and-coming” neighborhood before everyone else catches wind?
What about demand trends? If a region’s population is booming, land becomes a scarce commodity. Conversely, in areas facing economic downturns or population decline, you may struggle to sell or develop at a profit. Have you analyzed demographic data lately to identify where people are moving? Which regions show persistent housing shortages that could fuel future land value?
Of course, environmental and regulatory factors also play a pivotal role. How often do investors encounter flood zones or protected habitats that delay permits and inflate costs? By
choosing parcels outside high-risk areas and free from contamination, you sidestep unexpected hurdles and keep your project timeline on track. Wouldn’t you prefer smooth approvals over months of back-and-forth with regulators?
Finally, why not diversify your location risk? Instead of betting everything on a single market, what if you spread investments across different regions and zoning types? That way, a policy shift or natural event in one locale won’t derail your entire portfolio.
Isn’t it clear that in land investment, location rules supreme? By asking the right questions about access, growth potential, market demand, and environmental stability you unlock insights that elevate your strategy and maximize returns. After all, when it comes to land, isn’t location everything?