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MLS Search by Lot Size??

bizaro86

bizaro86

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Jan 29, 2008
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Hi all,



Is there any way to search the MLS listings for houses with lot size as a search parameter? My guess is the best bet would be a realtor who had that as a search option on their co-brand site, but I haven't been able to find anything.



Any ideas?



Michael
 
Every MLS system is different but searching by lot size isn't a flexible option. I have only ever seen a lot size search done by acres and the smallest category is 0-5 acres and it goes up from there. I doubt that it's a useful function for a house search.
 
Yeah, there is a box you can check that says "acreage"... but again, thats not very specific and likely not what you're after.



It may even have to be a manual search.

Im sure a realtor would be more than happy to do your dirty work for ya ;)
 
Realtors can delineate for any lot size you wish - both for residential and commercial.
 
[quote user=RedlineBrett] Realtors can delineate for any lot size you wish - both for residential and commercial.





Thanks all. I know it can be done by a realtor, but I'm trying to avoid asking my Realtor to pull a bunch of reports for different areas/sizes/prices, when I'm only looking for general information, as opposed to trying to buy something specific.



It seems to me it could be done on a co-brand site if someone was so inclined, since some realtor's have things like "year built" and "square footage" as searchable fields on their co-brand, and those aren't searchable on mls.ca.



It's probably just something that most people don't care that much about, so nobody has set up a search for it. If anyone comes across somewhere where this can be done, I'd appreciate a heads up.



Regards,



Michael



PS. I'm looking for something like this: http://www.tmunroe.com/search.html but with lot area as one of the searchable parameters.
 
Michael,



Purely out of curiousity- what are you specifics on lot size all about?



jon
 
Hi Michael;



You CAN search by Lot size - but its application is pretty limited application. I.e. you can search for lot size of 50 feet x 130 feet - as an example - and it will bring up every lot with his size - and nothing more. i.e. a property with 51 feet x 130 feet will not show up.



You CAN also search by acreage - which would probably be more useful...you can set parameters like 1 to 3 acres - as an example. it wouldn't take much effort on your REALTOR's part to do this for you...



Mike
 
[quote user=jonathanb]Michael,

Purely out of curiousity- what are you specifics on lot size all about?

jon





I wanted this functionality for two reasons. The first is to graph lot size versus list price for a given neighbourhood/area, and add a line of best fit. If I generate the graph holding house size constant, and have a big enough sample size, the slope of that line would have units of dollars/square foot of lot. Then I could use that data to establish a land value for my new purchases, and assign the rest of the purchase price to the building for tax purposes (depreciation).



I would also use that data to search for listings that are outside the normal range (outliers on the graph). Then I'd investigate the outliers, looking for situations where lots could be easily subdivided ( maybe even without removing the house) or had zoning to allow for multi-family plus a large lot size per $. Basically, it'd be a tool to allow for finding properties that aren't at their highest and best use.



I appreciate Mike's comments. Obviously a search showing 50x130 wouldn't be very helpful to me, but I may get my realtor to search by acreage That assumes fractional acreage is possible since I'm looking at city lots. (Anything bigger than about 0.15 acres would be a big lot in the areas I'm thinking of)



Regards,



Michael
 
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