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Real Estate
Reply to "Selling part of yard to neighbor?"
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[quote=Anonymous]Interesting. Never heard of this but practically anything goes these days. I guess I'd start by going out back and measuring an area you'd be comfortable selling, calculate the sq ft, then find the assessed value of your whole plot (just land no house), divide by $/sq ft, and then calculate how much for that piece you measured earlier. My concern would be, would you be doing this as a "favor" and offer a very reasonable price? That could build some resentment on your end and the feeling that you still control that piece of land. On the other hand, a "full price" request could offend your neighbor - you thinking they are desperate for land and/or you didn't give them a neighborly "discount." [/quote]
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