BEGINNER Can anyone help me with this property valuation and making a possible offer? Looking to make a reasonable offer.
[{"id": "ftd644r", "text": "I dont quite understand the value. Is the 119k the total value for the land AND the building on it? This property has a water well system which will be removed and updated to city water in the next 2-3 months. Im assuming this update will cause the value to go up. Im looking to purchase in the next 8-12 months so I want to be able to project the value of it currently, and the value of the property after the city water connection update.\n\nAlso the highway its on will be expanded from 5 lanes to 7 lanes  and two shoulders in the next 12-36 months. Im assuming this will also cause the value to change up or down since they will be taking a good chunk(a 5th) of the entire property. Any takes on it or potential offers I could make? Or are those two variables  too unknown?", "replies": [], "depth": 1}]