Servicing, constraints, net usable land, and what this market — not 2021's — rewards.
Constraints do not always kill a land deal, but they can change the usable area, approval path, timing, buyer pool, and contract structure.
The market that would've paid for a map colour has changed. Fewer buyers, far more selective — and what a prepared seller controls in a market like this.
Designation is the city's intent. Servicing — sewer, water, drainage — is a separate question with its own timeline, and it's the one a buyer actually pays for.
Your title says two acres; a developer prices what's left after creeks, hazards, and dedications. Why gross and net are two different numbers — and who measures which.
Developers do not price only the title acreage. They price the land left after creeks, hazards, road dedications, utility corridors, and other constraints are understood.
A future land-use designation may explain what the city wants over time, but sewer, water, drainage, roads, and timing decide whether the land can actually move.
Fewer land sales are closing than last year, but plan areas keep moving through approvals and servicing. For owners, the question is less about the market's mood and more about where your parcel sits in the cycle.
Developers are shifting from large assemblies to smaller phasable sites. Here's what that means for land owners in Surrey and Langley Township NCP areas.
BC Supreme Court judicial sales on land parcels are increasing. Here's how the process works and what to watch for.