Land development software for site selection and residual value
Land development software tells a developer what a site is worth for a specific project, not just on the open market. LandPricer developer mode calculates residual land value from units, sale prices, costs, interest rate, density, build time and margin, and sets it beside the comps based market value and the site risks.
What developer mode does for land development
A site can look cheap on comps and still not work at the density you can build, or look expensive and still pencil once the numbers are run. Developer mode puts both views side by side.
-
01
Residual land value: finished project value minus costs, financing and margin
-
02
Scenario engine with units, sale prices, construction costs, interest rate, density, build time and margin
-
03
Side by side scenarios to compare densities, product types or phasing
-
04
Market value from adjusted comps next to the residual value, with the gap highlighted
-
05
Site checks on access, frontage, flood, wetlands, slope, soil, utilities and zoning where published
-
06
Development component of the LandPricer Score
-
07
Investment memo PDF with the scenario, assumptions and risks for partners and lenders
How LandPricer works for land developers
-
01
Enter a site by APN, address or pin, or screen a county in the Deal Screener by acreage, land use and flood.
-
02
Read the market value and the site checks first, to rule out sites with access, wetland or flood problems.
-
03
Open developer mode and set a scenario: number of units, sale price per unit, construction costs, interest rate, density, build time and target margin.
-
04
LandPricer returns the residual land value and how it compares with market value and the asking price.
-
05
Copy the scenario, change density or prices, compare, and export the memo for the version you pursue.
Residual land value in plain numbers
Say a site supports 20 lots that sell for 90,000 USD each, so the finished value is 1,800,000 USD. If development costs are 900,000 USD, financing over the build time is 100,000 USD and you need a 20 percent margin on value (360,000 USD), the residual land value is 440,000 USD. That is the most you can pay for the land and still hit your margin. Change density to 24 lots and the residual moves, which is exactly the question developer mode answers in seconds. Try the method on the residual land value calculator.
| Plan | Single valuations per month | Monitored parcels | Seats | PDF reports |
|---|---|---|---|---|
| Pro | 1,000 | 500 | 2 | unlimited, no watermark |
| Acquisition | 3,000 | 5,000 | 10 | branded |
| Scale | 10,000 | 50,000 | 25 | branded |
Who uses land development software
-
01
Homebuilders and lot developers screening sites before tying them up
-
02
Multifamily and build to rent developers testing density
-
03
Land developers who entitle and sell finished lots
-
04
Development lenders checking whether a land price is supported by the project
Questions land developers ask
What is land development software?
Software that tests whether a site works for a specific project: what the land can carry after costs and margin, what it is worth on the market and what physical or regulatory risks it has. LandPricer combines all three.
What is residual land value?
The value left for the land after you subtract construction, financing and your required profit from the finished project value. It is the maximum a developer can pay for the site at those assumptions.
Which inputs does the scenario engine use?
Units, sale prices, construction costs, interest rate, density, build time and margin. Every input is yours to set and prints in the memo.
Does developer mode include zoning?
Zoning appears where the county publishes it. Always confirm zoning, entitlements and permitted density with the local planning office.
Can I compare several scenarios on one site?
Yes. Copy a scenario, change the inputs and compare the residual values side by side.
Test your next site in developer mode
Enter the site, set a scenario and see what the land can carry against what it would sell for.