Buying property is stressful, and tons of tools and analytics have evolved to be able to make better decisions when you find yourself looking to purchase land. That land might be in the real world, or it might be Decentraland land; the process can still be stressful. Given the price tags on today’s parcels, care must be taken to select the right investment. How do you know which Decentraland land is a good buy? How does that compare to similar parcels – in fact, which parcels are considered comparable?

Perhaps a good starting place to decide what factors to consider when selecting Decentraland land is to compare the situation to buying land in the real world. What would I want to know if I was buying property somewhere on planet Earth? You’d be interested in the purchase history, to consider what others have paid for that house. You’d want to know what others have more recently paid for similar houses, but that begs the question: what are similar houses? Perhaps land of similar size or dimension are comparable, but location could potentially matter dramatically as an acre of farmland may price very differently from the same size parcel in a large city. You’d therefore be interested in trends in certain areas – are people investing in their homes and the community? Growing neighborhoods cause land values to appreciate quickly over time, where parcels in neglected areas may be hard to find a buyer for. These considerations can also be complicated if you’re looking for land to start a business and not just enjoy for oneself, where proximity to other businesses or user traffic is important.

Buying and selling Decentraland land would merit all of the same considerations as our above analogy of buying land in the real world. Our DAppraisal reports (Decentralized Application appraisal reports) provide an overview similar to that of popular online real estate platforms for Decentraland land.

Whether you’re shopping for parcels or estates, trust our DAppraisal reports to understand the history of the land and the trends taking place around it.

What is the purchase history of the parcel?

What are some recently sold comparable parcels by size/location?

What has the development activity been like in the area?

What does the user traffic and demographics look like for the parcel?

What kind of turnout have events at this parcel received, if relevant?

Who might be interested in purchasing my parcel?

If you’re looking to buy Decentraland land, Decentraland DAppraisal reports provide you with the insights and data you need to choose the right parcel. Contact us today if you are looking to buy or sell Decentraland land!