[darth_avocado]

> The house doesn’t go up in value… it’s the land that goes up

There’s a lot more to price of a house than land or the house itself. A good schooling district, lower crime, access to good commercial businesses, and a bunch of other things dictate the value of a house.

[skybrian]

The value of the land includes the benefits from living in the community. There is land you can't build on and it has much lower value. (Restrictions on agricultural land, for example.)