Compare land prices with the work needed to reach the same starting condition for your intended use. In this example, the plot priced TRY 450,000 lower produces a defined-scope subtotal TRY 120,000 higher. A cost table cannot resolve unverified planning or utility access.
An illustrative scenario prepared for Lizaz. All amounts are fictional, not listings, completed sales, local market rates or quotations. Equivalent permitted use is an assumption for comparison, not a statement of development rights.
1. Set the same starting condition
Assume both plots are being considered for the same building, access needs and connection scope. If one plot has different permitted use, insufficient capacity or unresolved access, investigate that difference before comparing costs. Price per square metre cannot make incompatible sites equivalent.
Here, site preparation covers an assumed excavation/fill, temporary access and drainage scope. Building foundations remain separate. If excavation appears in both the site package and the foundation quotation, reconcile it before adding the totals.
2. Calculate the defined-scope subtotal
| Item | Plot A | Plot B |
|---|---|---|
| Assumed purchase price | 3,200,000 | 3,650,000 |
| Survey and ground investigation | 120,000 | 110,000 |
| Site preparation | 700,000 | 260,000 |
| Utility connection work | 280,000 | 160,000 |
| Defined-scope subtotal | 4,300,000 | 4,180,000 |
Plot A: 3,200,000 + 120,000 + 700,000 + 280,000 = TRY 4,300,000. Plot B totals TRY 4,180,000. A saves TRY 450,000 on purchase but requires TRY 570,000 more in the specified preparation allowances. B's subtotal is therefore TRY 120,000 lower.
Transfer costs, taxes/fees, design and permits, the building, financing and other excluded work are absent. All listed amounts are assumed to use the same tax basis. Missing items are not zero; this is not a complete acquisition and development budget.
3. Keep uncertainty visible
For a second scenario, add TRY 250,000 of site work to A and TRY 100,000 to B. Their subtotals become TRY 4,550,000 and TRY 4,280,000, a TRY 270,000 difference. These are chosen assumptions showing sensitivity, not probabilities or a market forecast.
Where connection feasibility is unknown, a small guessed allowance will not solve it. Confirm the connection point, capacity and responsibility for the work, then obtain scope, price and programme information. Keep an unresolved item marked as awaiting evidence.
4. Attach four pieces of evidence
A useful decision note reads: ‘B has a TRY 120,000 lower subtotal for the defined preparation scope. Planning and connection documents remain outstanding; acquisition approval is pending.’ It preserves the difference between a cost observation and completed due diligence.
- Identity: parcel reference, current title information and boundary confirmation where needed.
- Use: current planning conditions for the intended use from the competent authority.
- Scope: dated site review, quantities and reconciliation between quotations.
- Uncertainty: missing information, responsible provider, response date and effect on the decision.
Frequently asked
Quick answers
Why is the land price per square metre insufficient?
Access, preparation and connections can cost different amounts on different plots. Confirm comparable usability and scope before relying on a unit price.
Does the example recommend buying plot B?
No. It compares only a defined subtotal. Title, planning, connections, timing and missing costs require separate verification.
How should an unknown cost appear?
Mark it as awaiting confirmation, with an owner and response date. Once an evidence-based range exists, calculate separate low and high scenarios rather than treating the unknown as zero.
Related guides and tools
Continue with structured decisions
What should I check before buying land?
Work through 12 checks covering title, planning, access, utilities and development costs.
12 land purchase checksHow does a parcel feasibility review start?
See how documents and site conditions inform use scenarios and a written decision note.
Land feasibility serviceWhat does a feasibility deliverable look like?
Read the summary and 12-page report of a real rural land study with identity and prices redacted.
Sample feasibility reportSources and method notes
Current documents and competent authority information should always be used for a project decision.
- TKGM · official parcel enquiry information ↗
A starting source for parcel location and basic information. The fictional prices and worked comparison are original Lizaz content, not TKGM data.
This content is for general information only and does not replace legal, financial, valuation or competent-authority advice. Every property and project must be assessed against its current documents.