Land assembly is the selling of multiple properties in a single transaction to create an otherwise unachievable, higher valuation for each individual property owner; all factors are considered. They require longer timeframes to complete – this is often divided between aligning the ownership and their expectations and sourcing appropriate buyers for their project. Then the process of creating bid pressure to source the best price and terms for the sellers takes place.

Timing can significantly affect the sale of your property in a land assembly. Some key considerations that we take into account include: Market Conditions, Interest Rates, Seasonal Trends, Local Events, Economic Factors, Supply and Demand Dynamics, Political and Regulatory Environment, and Recent Sales Analysis. By carefully considering these factors and working with a knowledgeable real estate land assembly specialist from Klein Commercial, you can strategically time the sale of your property in an assembly to maximize your chances of a successful and profitable transaction.

Determining the right time to sell land parcels depends on various factors, including local market conditions and regulations, overall economic trends, as well as you and the other owners' financial goals. Ultimately, the right time to sell land parcels depends on your specific circumstances and objectives.  We have been through the land assembly process many times through all different types of markets and can provide specialized insights into your local market conditions in order to help you make an informed decision.

We use our wealth of experience along with proprietary data modelling to determine the value of the combined land parcels and involves a comprehensive analysis of the unique factors of your land assembly.  By carefully considering location, comparable sales along with specific market and regulatory trends and conducting thorough due diligence, we can arrive at a realistic estimate of the combined land parcels' value. Klein Commercial land development professionals work alongside appraisers, developers and local municipalities to provide additional insights and help you make the best decision possible.

It can be rare for all strata owners to be in agreement for a land assembly.  When owners of combined land parcels are not aligned in their thinking at the same time, it can complicate the process of selling or developing the property. We value open communication, compromise and shared goals during the land assembly discovery process and provide timely, up-to-date financial and offer details in order to work towards resolving differences and advancing towards a mutually beneficial outcome for all parties involved.

As a brokerage, addressing the timing of a sale involves several strategic steps to optimize the outcome for our clients. Throughout the land assembly process, from Market Analysis to Strategic Planning to Negotiating the Sales Price and finally Closing, our brokerage remains proactive and responsive to changing market conditions, offers and client needs. By leveraging our expertise, resources, and network, Klein Commercial strives to achieve successful outcomes for our clients while maximizing the value of their property within their desired timeframe.

There are typically three circumstances that lead to a land assembly:

1. A recent change in the official community plan (OCP), neighbourhood community plan (NCP) or zoning that may increase the density or use of the particular parcels.
2. As buildings near the end of their life, typically a strata or co-operative, the cash required by each owner to maintain in special investments or future capital investments are becoming costly compared to the value of the property.
3. A common need by all area land owners that can only be achieved through a much larger, collective approach. For example, servicing land (sewer, water, gas, electricity, and other services), where the cost for any individual parcel would be prohibitive and far too costly (i.e.,. the creation of a master community plan).