From investment prospective, is it better to put money on land property or already build home?

I have been thinking about either buying a already build home or land, what will yield better ROI, Land or a Already build home?

Normally ROI on land is higher than homes. A home can generate rental income while the land does not generate income unless you use it for agriculture. House is a depreciating asset while land is an appreciating asset. The cost of floorspace increases with time but it is slower than the increase inland prices. The cost of constructing a house is the same everywhere but the cost of land varies from location to location.

hard to say without making some important assumptions. Generally I'd say the house because you can rent it out and the income increases your ROI. Further, generally the demand for a home is greater than raw land so appreciation potential is greater in a slower or normal economy.

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I am into real-estate business since 15 years, its always better to invest in virgin land as compare to developed properties. you get more returns on it.

sidhu

Always a land, in the long term, if the area is of great potential...
The buyer can build to his choice, without the hassle of demolishing the old one, or even the sentiment/belief of "occupied" by some undesirable, unseen beings etc ...
A built house can at the most fetch a prevalent realistic price only if the buyer prefers, and chooses the style, type, size etc..

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