The process is similar to buying a home, but investing in land is often more affordable and accessible—though it has risks that require a solid strategy.

Find out our best strategies for how to price properties, plus factors affecting property values and tools you can use in your pricing strategy.

Editor's Note: The following letter published Saturday is being re-run as the Web sites URLs were inadvertantly left out. Do you know the taxable market value of your property? Know the taxable market ...