How to Value a Development Site: Simon Abbott’s Approach for Complex Properties (Victoria 2026)
Development sites, especially those with changed zoning or scarce comparables, require specialist understanding. Simon Abbott explains his valuation sequence for Victoria-based owners: land valuation, comparable and residual methods, accounting for build costs, and analysing recent local sales.
Scenario detail: a former industrial site in the process of residential rezoning, what developers bid, and why feasibility studies set the true floor. Includes checklist for owners, case study call-out, and red flags to avoid.
Have a tricky site and not sure where to start? Book a valuation consult here.
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