The rule of thumb is approximately 50% of land value per buildable square foot.
i would speculate, only as a brownstoner and not an expert, that it would be market value per square foot minus buildable cost per square foot. Or in real life, a percentage thereof.
The rule of thumb is approximately 50% of land value per buildable square foot.
i would speculate, only as a brownstoner and not an expert, that it would be market value per square foot minus buildable cost per square foot. Or in real life, a percentage thereof.