Navigating the complexities of real estate can be as challenging as it is rewarding, particularly when dealing with the intricacies of land acreage. For those looking into the real estate market of Redmond, Washington - a hub of technology and lush landscapes - understanding how to estimate and evaluate land size is essential. Jay Peters of Keller Williams Kirkland provides a detailed handbook, your go-to guide for acreage estimation that covers everything from lot measurements to acreage costs, all tailored to the Redmond locale.
When considering land in Redmond, it's crucial to start with the basics. An acre, a unit of land measurement used in the U.S., is equivalent to 43,560 square feet. To visualize this, think of an acre as nearly 90% the size of Marymoor Park's great lawn or about the same size as the soccer fields area within this iconic local destination.
While acres are traditionally conceived as square footage, it's important to note that land parcels come in all shapes and sizes. They can be rectangular, triangular, or an irregular polygon, which affects the way we perceive and use the piece of land.
Precision in measuring a lot is pivotal for several reasons - whether calculating the value of the land, the amount of material needed for construction, or the potential of the space. Here are some techniques to ensure accuracy:
Converting square feet to acres is straightforward once you understand the foundational conversion: 1 acre is equal to 43,560 square feet. For practical examples, a 2-acre lot would be 87,120 square feet, while 3 acres would amount to 130,680 square feet.
Understanding the costs associated with acquiring land in Redmond is fundamental. The current average acre costs vary, influenced by several factors including location, development status, accessibility, and Redmond's economic standing, known for its strong presence of tech giants such as Microsoft.
Some zones in Redmond may be more budget-friendly, such as areas further from the city center, while land closer to bustling hubs or within prime development regions will typically command a higher price.
Several local influences affect acreage prices in Redmond, including proximity to landmarks like Redmond Town Center or the Microsoft campus, zoning regulations defined by the City of Redmond, and the realities of land development in the Pacific Northwest.
The topography and existing infrastructure also heavily weigh on land valuations. It's important to recognize how these factors may increase or decrease the potential costs of acquiring land in this area.
Ample acreage in Redmond offers numerous perks, including privacy levels that a city environment cannot match, expansion opportunities whether for personal, recreational, or development purposes, and the ability to enjoy Redmond's natural beauty right on your doorstep.
Commercial acreage in Redmond is governed by different considerations compared to residential land. Typically, commercial acres can be larger due to the nature of commercial enterprises and their need for more extensive infrastructure and parking spaces.
To bring an acre in Redmond to life, consider this: an acre is about the size of 16 tennis courts placed side by side. For those who live in Redmond and frequent the Redmond Central Connector, imagine around half of the length of this popular trail equating to one acre. These comparisons give locals a tangible way to grasp the sizeable concept of an acre right in their own neighborhood.
Understanding land size is a crucial aspect of real estate in Redmond, Washington. By familiarizing oneself with the intricacies of acreage estimation and valuation, those interested in the local market can navigate their real estate transactions with greater confidence and precision, tapping into the expertise of professionals like Jay Peters to ensure a smooth and informed experience. For more detailed guidance on land in Redmond, visit jaypeters.homes to connect with a real estate professional deeply rooted in the community.
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