Land is a factor of production that can be utilized in order to maximize production. Additionally, land can also be used for settlement purposes; thus, a basic requirement in the country for the survival of individuals. Land is a factor that can be sold in different sizes to different people. This is due to its feature of shifting owners and not position.
You are in the right place where you will get informative details that you need to consider before and after buying land, especially the size of the land.
A total of eight points makes an acre of land. One point is equivalent to 50 by 100 inclusive of the road and 50 by 80 when the road is excluded.
50 by 80 & 50 by 100 Land in Meters & Hectares
For a rectangular or square land plot, a quarter (¼) acre in meters is 1011.714. The 50 by 100 plot in hectares is averagely 0.046 hectares, which is a good size that has access to the main road.
A 50 by 80 plot in hectares is equivalent to 0.038 hectares. This is the actual size when the road is excluded.
You may also want to know that a 50 by 100 plot of land is equivalent to 15 meters by 30 meters, which is equal to 450 square meters.
Prices of 1/8 & 1/4 Acres Plot of Land
Perhaps you are interested in knowing the 1/8 acre plot price in Kenya, which ranges from Ksh. 800,000 to Ksh. 4,000,000 depending on the location, the contents in it, and among other factors.
On the other hand, 1/4 acre of land costs Ksh. 3,758,000 on average. This price is high due to the urban setting. It is usually relatively cheaper in rural areas.
Conclusion
To sum up, ensure you follow the right legal protocol before buying or leasing land to avoid being conned. That may lead to losing your property to strangers. Ensure you have the right certificates that show the land owner clearly.
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