Home value when selling to a developer

[Grandfit]

I live in the country, not far out of town, surrounded by fields. When I moved into my house almost a dozen years ago, I was informed that the 50 acre lot behind and to the side of me was for sale (and had been for a few years) for commercial development. We knew at the time that at some point in the future, someone would come along and buy it and they would need our property as well. Well, our neighbor stopped by the other day and told us that he was on the verge of signing papers to sell it and that the developer would be coming to talk to us as well. It sounds like they're buying about 100 acres to put in high density housing. The road needs to be moved, and they plan to donate my property to the city/county for that. As much as I hate to see my house torn down after all the work I've put into it and my property over the years, I've known it was coming and I think I'm okay with it.

My question is, though, how does the fact that they need my property change the value? We have no desire to move and were just starting to look for an architect to help design an addition I was going to build on next year. We've made good headway on our mortgage and I'm not excited about starting that over. My kids would likely have to change schools. There are rarely any rural homes available where I live, so we will likely end up losing our rural lifestyle and be forced to move into a neighborhood. I don't feel like it would be out of line to expect a premium for the disruption it causes to our lives, but is this reasonable?

[Clarerisa]

My nephew had about a half acre lot with a 3 car garage he turned into a house of sorts and then we built a small pole barn next to the garage house. It was a nasty looking deal and I wouldn’t have gave him more than what the property was worth for the whole thing. He did make it fairly nice on the inside.

[Campbelden]

I can understand why you'd be concerned about the value of your property and what kind of compensation you might be entitled to. It's hard to say for sure what kind of premium you might be able to expect, as it can vary quite a bit depending on a number of factors. That being said, it might be worth talking to a real estate agent or attorney who specializes in this kind of situation. In the meantime, you might want to check out https://thereserveresidences-jalananakbukit.sg/. They offer a variety of properties in Singapore, so it might be worth looking into if you're open to considering properties outside of your current area.