# Selling Land to an Investor in Bloomfield, CT: 5 Things to Know (2026 Guide) Source: https://webuyhousesinconnecticut.com/5-things-you-should-know-about-selling-land-to-a-bloomfield-ct-investor/ Author: Jerryll Noorden, owner of We Buy Houses In Connecticut, LLC ((203) 529-4712) Updated: 2026-10-27 Facts checked: 2026-10-27 ## The short answer Before selling land to an investor in Bloomfield, CT, know how the offer is built: investors start from what a new house would sell for, subtract building, selling and holding costs and profits, and offer what is left. Bloomfield single-lot market sales ran $18,000 to $200,000 from October 2024 to September 2025 (data.ct.gov). Sellers pay 1.25% conveyance tax, 0.75% state plus 0.50% town (CGS 12-494), and a builder or listing often nets more if you can wait. ## Key facts at a glance This is the Bloomfield chapter of our land guides and of our guide to [how to sell a house in Connecticut](/how-do-i-sell-my-house-in-connecticut/): how an investor prices a Bloomfield lot, shown with the town's own sales records and plainly labelled assumptions. | Fact | Number | Source | | --- | --- | --- | | Bloomfield vacant land sale records, Oct 2024 to Sep 2025 | 10 records; 6 with no non-use code, from $18,000 to $200,000 for single lots | data.ct.gov sales dataset (OPM), our query | | Bloomfield residential sales, Oct 2024 to Sep 2025 | 263 sales, median $340,000 (up 5%); single-family median $336,000 | data.ct.gov (OPM) | | Conveyance tax on a Bloomfield lot | 0.75% state + 0.50% town = 1.25% | CGS 12-494; OLR 2020-R-0020 | | Mill rate, fiscal 2027 | 34.4 | CT OPM mill rates | | Median single-family house, year built | 1959 | 2025 CT Parcel and CAMA Data | | Public water and sewer provider | The Metropolitan District (MDC); Bloomfield is one of its 8 member towns | MDC | ## What should you know before selling land to an investor in Bloomfield, CT? Before selling land to an investor in Bloomfield, CT, know five things: investors price land backward from what a new house would sell for (residual land value); that math swings sharply with house prices; Bloomfield's own land sales show the real range, $18,000 to $200,000 for single lots in the latest year; zoning and MDC sewer and water drive the number; and a builder or listing often nets more if you can wait. Bloomfield sellers pay 1.25% conveyance tax. An investor's offer is not a mystery once you see the math. This page shows that math step by step for a Bloomfield lot, with every assumption labelled, so you can check any offer you receive, including ours. We buy land ourselves, and we will tell you when a builder or a listing is the better route. The statewide rules on land buyers, valuation, approvals and taxes are in our pillar guide on [how to sell land in Connecticut](/how-do-i-sell-my-ct-land-to-a-developer/). ## Why does an investor's offer for your Bloomfield land feel so low? An investor's offer for your Bloomfield land feels low because it starts from what a builder could pay after building and selling a house, then subtracts the investor's own costs, time and profit. It also lands without explanation, which makes it feel like a guess or a trick. Seeing the steps lets you judge whether the discount is fair for what the investor takes off your hands. If an offer letter for your Bloomfield lot arrived out of the blue, you may feel **insulted** by the number, **curious** whether the land is worth more than you thought, and **wary** of someone who clearly knows the market better than you. If the land came from family, you may feel **protective** of it. If the tax bill has been nagging you, you may simply feel **tired** of owning it. All of that is fair. This page is for you: it puts the investor's calculator on the table. ## How does a land investor price a Bloomfield lot? A land investor prices a Bloomfield lot with residual land value: take what a new house on the lot would sell for, subtract the cost to sell, build, permit and finance it and the builder's profit, and what is left is what a builder can pay for the land. The investor then subtracts its own costs and margin. In our illustrative example, a $600,000 new house leaves $87,500 for the lot, and an investor offer near $59,500. **Example (illustrative).** Every input below is an assumption, chosen to show the method, not a quote or a promise. Swap in your own numbers. | Step | Assumption | Amount | | --- | --- | --- | | New house sells for | Assumed price of a new 2,000 sq ft house on this street (check new-construction sales nearby) | $600,000 | | Selling costs | 6.25%: commission 5% (est.) plus the 1.25% Bloomfield conveyance tax | -$37,500 | | Construction | 2,000 sq ft at $185 per sq ft (assumption) | -$370,000 | | Permits, fees, survey, engineering, utility hookups | Assumption | -$25,000 | | Construction loan and carrying costs | Assumption | -$20,000 | | Builder's profit | 10% of the sale price (assumption) | -$60,000 | | Residual: what a builder can pay for the lot | | $87,500 | | Investor's resale conveyance tax | 1.25% of $87,500 | -$1,094 | | Investor's holding, legal and marketing costs | Assumption (est.) | -$5,000 | | Investor's margin | 25% of the resale price (assumption) | -$21,875 | | Investor's offer to you | | about $59,500 | Two things follow. First, an investor's price is built for a buyer who takes on the time, the risk and the resale, so it will sit below what a builder pays. Second, if you can sell to the builder yourself, you capture most of that gap. Our page on [why cash offers are lower](/why-are-cash-offers-so-low/) walks through the same logic for houses. ## Why does a small change in house prices swing your Bloomfield lot's value? A small change in house prices swings your Bloomfield lot's value because most building costs stay the same whatever the house sells for, so nearly every extra dollar of house price, after selling costs and profit, flows to the land. In our example, each $50,000 change in the new house's price moves the lot's value by $41,875, from $3,750 at a $500,000 house to $129,375 at a $650,000 house. This is the most useful idea on the page. With the example's costs, the residual equals 83.75% of the house price minus $415,000, so: - **If new houses on your street would sell for $500,000**, a builder can pay only about $3,750 for the lot. In practice no builder buys it, and your buyers are neighbors, investors who will hold it, or a conservation buyer. - **At $600,000** the lot is worth about $87,500 to a builder. - **At $650,000** it is worth about $129,375. Bloomfield's housing is mostly older ranches, colonials and capes, with a single-family median of $336,000 and a median year built of 1959. A new house sells well above that median, but how far above depends on the street. Look up recent sales of newly built houses near your lot before you judge any offer, and ask a builder what they could sell a new house for there. ## What have Bloomfield lots actually sold for? Bloomfield lots sold for $18,000 to $200,000 in the six vacant land sales with no non-use code recorded from October 2024 to September 2025: $18,000 on Guilmartin Road, $60,000 on Burr Road, $129,000 on Hoskins Road, $145,000 on Still Road and $200,000 on Peters Road, plus a $2,200,000 sale of two Blue Hills Avenue parcels. The middle of the six was $137,000. Ten Bloomfield vacant land sales were recorded that year. Four carried a non-use code: a sale to a neighbor across the street for $10,000, a parcel sold with a shared accessway, a sale the town marked as not arm's length, and a transfer under a will. Those do not show market value. The spread in the six market-rate sales is the residual math in real life. A small or hard-to-build lot sold for $18,000; buildable residential lots sold for $129,000 to $200,000; two Blue Hills Avenue parcels sold together for $2.2 million. Use the closest matches to your own lot, and add sales from the towns next door, such as Windsor, West Hartford and Simsbury, when Bloomfield has too few. Holding costs count too. At Bloomfield's fiscal 2027 mill rate of 34.4, a lot assessed at $67,498, like the Hoskins Road lot before its sale, pays about $2,322 a year in property tax. ## How do Bloomfield zoning and utilities change what your land is worth? Bloomfield zoning and utilities change what your land is worth because the zoning district sets the minimum lot size and frontage and what may be built, and public water and sewer from the Metropolitan District (MDC) make a lot far cheaper to build on than a well and septic system. A lot that meets its zone and has MDC lines at the street is the kind a builder pays for. - **Zoning.** Ask Bloomfield's planning and zoning office for your district, the minimum lot area and frontage, and whether your lot is a legal building lot today. A lot that is too small or too narrow may need a variance, which is never certain. - **Water and sewer.** Bloomfield is one of the MDC's eight member towns. Ask the MDC whether water and sewer mains run past your lot and what connecting would involve. Where they do not, a builder needs room for a well at least 75 feet from the septic system (Regs. Conn. State Agencies 19-13-B51d) and good soil test results. - **Wetlands.** Ask the town's inland wetlands office whether its maps show wetlands or a watercourse on or near your lot. Wetlands are defined by soil type (CGS 22a-38), so a dry-looking lot can still need a permit. - **Larger parcels.** For acreage that could be subdivided, the value depends on approvals, which take months under CGS 8-7d. The pillar guide's section on [developer contracts and approvals](/how-do-i-sell-my-ct-land-to-a-developer/) explains the timeline. Every "unknown" on that list becomes a discount in an investor's offer. Every "yes" you can show in writing raises what a builder will pay. ## Does an investor or a listing net you more for Bloomfield land? A listing or a direct sale to a builder usually nets you more for Bloomfield land when the lot is clearly buildable and you can wait. In our illustrative example, selling to a builder at $87,500 nets about $76,956 after a 6% commission, conveyance tax, attorney and survey, while an investor offer of $59,500 nets about $57,556. An investor fits when the lot has problems a builder will not take on, or when time matters more. | Item (illustrative Bloomfield lot) | List and sell to a builder | Sell to an investor as-is | | --- | --- | --- | | Price | $87,500 | $59,500 | | Commission (6%, est.) | -$5,250 | $0 | | Conveyance tax 1.25% (CGS 12-494) | -$1,094 | -$744 | | Seller's attorney (est.) | -$1,200 | -$1,200 | | Survey (est.) | -$3,000 | $0 | | Net before income tax | $76,956 | $57,556 | | Time and risk | Months; buyer financing and approvals can fall through | Weeks; no survey, testing or showings | Selling by owner to a builder saves the commission too; our [guide to selling a lot by owner](/how-to-sell-my-land-yourself-in-stratford-ct/) shows how, and our guide to [selling land online in Connecticut](/sell-land-online-for-free-in-connecticut/) covers marketing and scams. #### Builder or listing Higher netBest for a buildable lot with MDC lines and no wetlands issues. - Months to sell and close - Survey and zoning answers needed - Buyer may need a land loan #### Investor, as-is Weeks, certainBest for a lot with open questions, an estate, or an owner far away. - No prep, no showings - Written offer you can check with this math - Trade-off: the investor's margin ### When you should not sell to a cash buyer If your Bloomfield lot is a clean building lot and new houses nearby sell well, do not sell it to a cash buyer, including us, before you have offered it to local builders or listed it. Do not accept any offer that you cannot trace back to numbers like the ones above, and walk away from any buyer who asks you for a fee or will not put the offer in writing; [how to check a cash buyer in Connecticut](/how-to-check-a-cash-home-buyer-connecticut/) lists the checks. If you also have a house in Bloomfield to sell, our page to [sell your house in Bloomfield, CT](/we-buy-houses-in-bloomfield-ct/) covers it, and [selling a house as-is in Connecticut](/sell-house-as-is-connecticut/) explains the as-is route. ## What are the steps to sell land to an investor in Bloomfield? The steps to sell land to an investor in Bloomfield are: gather your deed, assessor's card and any survey; confirm the zone and MDC water and sewer with the town and MDC; check recent Bloomfield and nearby land sales; get written offers from a builder and from one or two investors; check each offer against the residual math; and close with Connecticut attorneys, paying the 1.25% conveyance tax. - ### Gather the records Deed, assessor's card, map and lot number, any survey, and any PA 490 certificate. - ### Ask the town and MDC Zoning district, legal lot status, wetlands maps, and whether MDC water and sewer reach the lot. - ### Check the sales Pull Bloomfield and nearby vacant land sales from data.ct.gov and match buildable with buildable. - ### Get two kinds of offers Ask a local builder what they would pay, and get a written as-is offer from one or two investors. - ### Check the math Rebuild each offer with the residual table above. A fair investor can explain its number. - ### Close with attorneys Connecticut closings are conducted by attorneys (CGS 51-88a). A direct as-is sale typically closes in a few weeks. ## Questions people ask about selling land to an investor in Bloomfield **Q: How do land investors decide what to offer?** Land investors decide what to offer with residual land value: the price of a new house on the lot, minus selling, building, permit and financing costs and a builder's profit, gives what a builder can pay; the investor then subtracts its own costs and margin. **Q: What is my lot worth in Bloomfield, CT?** Your lot in Bloomfield, CT is worth what a builder could pay after building and selling a house on it, adjusted for zoning, utilities and wetlands. Single-lot market sales in the latest year ranged from $18,000 to $200,000 (data.ct.gov). **Q: How much is the conveyance tax on land in Bloomfield?** The conveyance tax on land in Bloomfield is 1.25%: 0.75% to the state and 0.50% to the town (CGS 12-494). On a $100,000 lot that is $1,250, paid by the seller. **Q: Does Bloomfield have public sewer and water?** Bloomfield has public water and sewer through the Metropolitan District (MDC), and is one of its eight member towns. Whether a main runs past your lot is a question to ask the MDC and the town. **Q: Is it better to sell land to an investor or list it?** Listing or selling to a builder is usually better for a clean, buildable lot if you can wait. Selling to an investor is better when the lot has zoning, wetlands or access questions, when you are out of state, or when you need a fixed date. **Q: Why are investor offers for land so low?** Investor offers for land are low because they are built backward from a builder's price and then reduced for the investor's holding costs, resale costs, risk and margin. In our illustrative Bloomfield example, a $87,500 builder value becomes an offer of about $59,500. **Q: Do I pay tax when I sell land in Bloomfield?** Yes, you usually pay federal and Connecticut income tax on the gain when you sell land in Bloomfield, because the home-sale exclusion generally does not cover vacant land. Connecticut taxes the gain as income at up to 6.99%. **Q: How fast can an investor buy my land?** An investor can typically buy your land in a few weeks, because there is no lender, appraisal or approval period. Closing still runs through Connecticut attorneys, who check the title. **Q: Do you buy land in Bloomfield?** Yes, we buy land in Bloomfield and across Connecticut as well as houses, as-is, with a written offer and no fee. If a builder would pay you more for your lot, we will say so. ## Related guides - [How to sell land in Connecticut: buyers, value, approvals and taxes](/how-do-i-sell-my-ct-land-to-a-developer/) - [How to sell land by owner in Stratford, CT](/how-to-sell-my-land-yourself-in-stratford-ct/) - [How to sell land online in Connecticut, and the scams to avoid](/sell-land-online-for-free-in-connecticut/) - [Why cash offers are lower](/why-are-cash-offers-so-low/) - [Connecticut conveyance tax by town](/connecticut-conveyance-tax/) For a written offer on Bloomfield property, start on our page to [sell in Bloomfield, CT for cash](/we-buy-houses-in-bloomfield-ct/), or see [how selling your property in Connecticut works](/how-do-i-sell-my-house-in-connecticut/). Plain-English information, not legal or tax advice. The residual example is illustrative; get your own quotes and talk to a Connecticut attorney before you sign. ## Sources (checked on October 27, 2026) - [Connecticut OPM Real Estate Sales dataset (data.ct.gov)](https://data.ct.gov/Housing-and-Development/Real-Estate-Sales-2001-2023-GL/5mzw-sjtu): Bloomfield vacant land and residential sales, Oct 2024 to Sep 2025 (our query). - [2025 Connecticut Parcel and CAMA Data (data.ct.gov)](https://data.ct.gov/Local-Government/2025-Connecticut-Parcel-and-CAMA-Data/rny9-6ak2): year built and styles. - [Connecticut OPM mill rates (data.ct.gov)](https://data.ct.gov/resource/emyx-j53e.json). - [The Metropolitan District (MDC): member towns](https://themdc.org/about-the-mdc/). - [Town of Bloomfield](https://www.bloomfieldct.gov/): planning and zoning and inland wetlands offices. - [CGS 12-494](https://www.cga.ct.gov/current/pub/chap_223.htm) (conveyance tax). - [Connecticut OLR report 2020-R-0020](https://www.cga.ct.gov/2020/rpt/pdf/2020-R-0020.pdf) (towns with the 0.50% local rate). - [CGS 22a-36 to 22a-45a](https://www.cga.ct.gov/current/pub/chap_440.htm) (Inland Wetlands and Watercourses Act). - [CGS 8-7d](https://www.cga.ct.gov/current/pub/chap_124.htm) (hearing and decision limits). - [Regs. Conn. State Agencies 19-13-B51d](https://www.law.cornell.edu/regulations/connecticut/Regs-Conn-State-Agencies-SS-19-13-B51d) (well location). - [CGS 51-88a](https://www.cga.ct.gov/current/pub/chap_876.htm) (closings conducted by attorneys).