What's the cost per acre in your area?

Gee! I can't believe how high land has gotten around here in the last decade. Seems like the first 30 years of my life around here land was just cheap and no one wanted any. Nowadays a peice of property goes on the market it is snatched up in no time and the seller pretty much gets what he wants. The other day a 40 acre peice of old homestead went on the market just a mile down the road from me. This place is completly grown up with trees and brush so thick you can't even walk through it. It use to have a couple of old barns on it that have fallen down a old house that rotted away. Half of the land is down on flood plain so no building on it. The other half only has enough flat land to maybe make a nice little garden on it but there is not enough for pasture. Basically the land is more hills and hollers.

Use to something that badly neglected would go for about $500 per acre. They are wanting $56,000 for it. That would be $1400 per acre. So guess what, the first day they put the real estate sign up. It sold!

I couldn't believe it and I would have loved to bought the place for myself if I was rich enough. It was very secluded. Down on a dead end dirt road.

[wy_white_wolf]

All depends on location. A friend just listed 10 acres with just a well for $250,000. But, it has river frontage. My place cost me @ $150 an acre, out in the boonies with no water around.

[moonwolf]

as white wolf indicated the prices are variable.
Lakefront property here goes for several thousand an acre if you can find it.
Agricultural land that is cleared for farmland can go for $2000 or more per acre depending on the dwellings and ameneties on the property. Raw land that is scub and privately offered anywhere from $200 to $500 an acre depending on how far from roads, water availability, timber value, etc.
The key indicator of value is development...roads, closeness to urban, road access. Water isn't as much a factor in valuing as I think utilities are anymore.

[texican]

East Texas, Marshall, Longview, Carthage area

according to the county surveyor, 1600 is the base price for raw land...

knowing that, i've got some undivided property, that my relatives want to let go for 1500...oh well, it's a boat anchor to me, never, never, get undivided property.

My rich neighbor last offered me 700/acre for part of my place, when across the fence on his place, he was selling lots for between 70 and 500k. Figured I might just keep what I've got.

Land with State roads is at least 2000/acre.

I wouldn't GIVE more than 1000/acre for most of what I already own. Wouldn't TAKE less than 5K for any of it, knowing there's huge lake project in the future...have been offered 50K an acre for some of my lots on my small lake.....AS IF I'd sell any spots and then have neighbors within spitting distance.

That's the problem with selling land, you may think you're getting a great deal, until you try and buy land somewhere else...

[Alex]

Gravel road, power, phone, fenced, some in hay, min lots are 160 acres. Northern British Columbia, 700 miles north of Vancouver, BC, near miles zero of the Alaska Highway, which is at Dawson Creek, BC. The area I am talking about is about 90 km west and a bit north of Cawson Creek.

Most beautiful, and lush land you will find, and it is great if you love forty-below like we do.

Alex

[DutchessR]

10-80k/acre in the rural-suburb border areas of the greater Seattle Region--mostly forested, hilly terrain.

[Cheryl in SD]

We paid $10,000 an acre 9 years ago, it is up to $15,000 now in the Black Hills. On the prairie though it is about $500 an acre.

cheryl

[Antoinette]

I paid 12,500 per acre, with the exception of 3 of them, they were 6,000 apiece because they have a creek running all though them. This was a neighborhood in the beginning stages, it was virgin forest when we built our home here. Now the acres are 16,900 apiece, because they are paving the roads, adding bridges etc.

[kesoaps]

Last summer the neighbor sold 5 acres with a septic design for $200,000.

Ten years ago our land cost us $45,000 for five acres (we got a pretty decent deal.)

Thirty years ago my parents (one mile down the road) paid $5000 for their five acres.

[Cosmic]

It can have a huge range in S.E. Ohio.

Basic raw land, which will probably be wooded can be found in the $600 acre range at the low end. Usually must be wary because it may have the potential for flooding or may be on a very steep slope or need a fair amount of cash spent to develop it.

For building lots in more developed areas, might go $2000 - 8000. That would be areas with road access, utilities and something close to civilization. The higher end probably within a town boundary. Many lots might have some prime hardwood timber on it. Least lots of firewood.

Something suitable for building but a little in the boonies can be found in good chunks of 10 - 100's acres for $2000. Lots of nice level land usually is going to be somewhere close to the flood plain. Lots of hills and ridges and the roads tend to be build along the tops. The trick is to find the right land off those roads. It can sell very, very quick.

[kmaproperties]

northern ohio 40-100,000 for the first acre called the building lot then add 7-20,000 per acre after that. 5 acre lots with septic and well 1/2 wooded, gas and electric at street are going for 130,000 and up.

[seedspreader]

Originally Posted by Alex

Gravel road, power, phone, fenced, some in hay, min lots are 160 acres. Northern British Columbia, 700 miles north of Vancouver, BC, near miles zero of the Alaska Highway, which is at Dawson Creek, BC. The area I am talking about is about 90 km west and a bit north of Cawson Creek.

Most beautiful, and lush land you will find, and it is great if you love forty-below like we do.

Alex

Alex, my growing (planting) experience outside of this area is nil. With a decent greenhouse do you all still enjoy tomatoes etc in the summer? What about corn? What Zone is that considered?

[Gary in ohio]

Sells from $800 and up depending on what your getting and how much your getting. Road frontage for a home cost $1000-$3000/acre (min 5 acres).
Cross the county line and the prices goes to $10000 to $30000/acre. (3acr min)

[coalroadcabin]

[Cindy in PA]

$40,000-60,000 an acre here at least. When we built 21 years ago it was about $10,000-15000 an acre. We could never afford to buy or build here now. Farms are going for $2,000,000+ and that is for maybe 150 acres in conservation (never able to develop). Our quiet rural are is all but gone.

[caberjim]

BUILD YOUR ESTATE WITH MOUNTAIN VIEWS ON THIS 5 ACRE PERKED AND APPROVED BUILDING LOT. MOSTLY WOODED. SMITHSBURG SCHOOL DISTRICT.BEAUTIFUL VIEWS OF THE MOUTAINS. SMITHSBURG SCHOOLS. MINUTES TO INTERSTATE CONVENIENT TO TOWN

raw land, no house - Sale Price $350,000

[tupper]

$10,000 an acre for buildable land, tight rules for building houses, but farm land, goes 1500-5000

[Orville]

Land prices seem to be increasing everywhere. I lived in an area where land was 700 dol. to 2K/acre max, and thought it was ridiculous to pay much more than that. Well, that was until I wanted to move into an area where land was 10K/acre. I discovered that if I wanted to have the land, I had to pay the going price (duh), ridiculous or not. I'm glad I bought when I did...in 4 years similar land has increased 4K to 6K/acre.

[SteveD(TX)]

I paid $3460 an acre in Feb. 2001 for 13 acres. Permanent improvements since then cost me about $30,000 (not including mobile). Was offered $11,000 an acre last summer. Just had it appraised and it came out at $13,500 an acre. Taking out cost of improvements that's an increase of $7700 per acre in 4.5 years. Over a 200% increase. Our lake frontage has a lot to do with it and my sweat equity cleaning up the place and creating a nice lakefront. I wouldn't take less than $15,000 an acre now.

Rural acreage in general, however around here goes for anywhere between $5,000 an acre for small parcels (say under 10 ac.), down to around $2,000 an acre for unimproved large tracts depending on location, access, flood plain, availability of electricity, etc.

[henk]

farming land from 30.000 euros per hectare (2.5 acre orso) in the back country, up to 100.000+ euros per hectare for where i am (westland/zuidholland). This is farming only and without milkquota or other eu "permits". Buildeble land is 2000-5000 euros per square meter.

Henk