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07/04/06, 09:03 PM
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zone 5 - riverfrontage
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Join Date: Oct 2005
Location: Forests of maine
Posts: 5,872
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Quote:
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Originally Posted by urbanfarmer
... If you say it's not too late, where should we be looking?
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My sister-in-law bought her forestland for $350/acre last year.
I bought mine for $900/acre.
We both have paved year-around maintained county road access, power, and phone. Our property taxes seem to me to be very low, but the locals are insistant [to the point of getting mad] that they have the highest taxes in the nation. Last year's taxes, I paid $1.05 per acre.
I have 1/4 mile of riverfrontage. No cable, but power, phone and DSL. Fully forested, and lots of water. My well, I drilled to 168 feet, but water was at 50 feet.
My place is 6 mile from I-95, so we ahve good access to hospitals and to go drive into the city.
We do have a lot of beaver, and deer, and moose, and bear. The real problem issue is dealing with the beaver. Someland that I looked at, had been submerged by the beaver. So you could get it for even cheaper, if you were willing to trap the beaver.
Take a look see up North a bit.
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07/04/06, 09:14 PM
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zone 5 - riverfrontage
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Join Date: Oct 2005
Location: Forests of maine
Posts: 5,872
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Quote:
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Originally Posted by urbanfarmer
... it is already $5000 an acre ...
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Wow!!!
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Originally Posted by donsgal
... land selling for $3,000 - $5,000 per acre will not be significantly impacted by an "adjustment" to the real estate market. Now, that having been said, the land that is selling for $10,000 - $20,000 per acre might start selling 10 percent lower, but that is still VERY EXPENSIVE in my opinion. ...
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My goodness!!
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Originally Posted by dezeeuwgoats
... land has shot up from $25k an acre four years ago - to $300K+ an acre today....
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That is crazy!!
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07/04/06, 09:52 PM
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Join Date: Mar 2004
Location: deep south texas
Posts: 5,067
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How about 10 acres of Orange grove producing oranges for $55,000.00 Taxes are low then you have Irrigation fees though But NO snow.. cheap priced labor. and the like..
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07/04/06, 10:17 PM
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quocunque jeceris stabit
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Join Date: Oct 2005
Location: N.E.Mississippi
Posts: 110
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urbanfarmer, check your private messages dude. dave_p
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07/04/06, 10:23 PM
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Join Date: Jan 2006
Posts: 762
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Reasonable land in North Alabama
Land has gone up around here but you can still find it. We spent the evening showing a couple of friends 50 acres of our farm, Hills, flat areas a pond a cave even a crappie house that we are doing away with. No it is not going to be rebuilt. We live on the ajoining 70 acres facing another county road. Nice neighborhood. $2,000 an acre and we would finance the people that looked at it today are interested but untill today I don't think they really knew how bid fifty acres is. The property taxes would be about 200 per year maby a little less when the house is gone. We restricted it to site built houses, you can have livestock but no feed lots or pig parlors. Chickens sure but no fighting roosters No one wants to hear several hundred crowing roosters at daylight. We have never advertised any land we have sold people just find us or hear about it by word of mouth. Just keep looking your dream homestead is out there.
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07/04/06, 10:43 PM
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Join Date: Aug 2002
Posts: 960
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land
Niki, check down in Willcox. My neighbor is originally from Queen Creek.
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07/04/06, 11:04 PM
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Registered User
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Join Date: Jun 2004
Posts: 5,662
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I disagree that rural land is going to hold it's value in the coming market downturn. The reason is that as fuel prices go up, more and more people are going to be looking to move closer to their jobs, and potential buyers are going to be less inclined to look at parcels that are very remote from jobs and services. This is an opportunity for those of us who don't need or want services, and don't have to commute to jobs (though you may have to be creative in marketing if you plan to live off something you grow or make at home). But patience will be needed, as it's going to take a while for the price drops to permeate the market. Also, the best farming land will probably be bought up by the corporations as fast as it comes on the market. But if you are looking for land they don't want or can't use, then you should be able to find some bargains if you can wait a bit.
Kathleen
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07/05/06, 08:07 AM
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Join Date: Feb 2006
Location: Tenn
Posts: 153
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acres&land
Quote:
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Originally Posted by urbanfarmer
If so, where is it? I've been looking in Northern Alabama, East Texas, and
part of Arkansas.
Good land has gone UP. If it's on a road and has water with decent soil, it is already $5000 an acre, and land at that price is often already marked sold.
Poor land, poor access, no water, rocky crap, land with problems is the only land that is affordable.
And, where ever I finally move toi, the property taxes must be low there.
Any others looking for land, but disgusted because it is too expensive or you can't find what is in your dreams?
I don't care if there is employment nearby, I can make it on my own. So remote is good for some of us. But if someone has a job, they can pay higher prices for their land too.
Is it too late, should we, the living poor, give up and quit?
If you say it's not too late, where should we be looking?
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Down here in Hancock co Tn land goes for appro.$1000 an acre. Up the road people have over 3000 acres plus a house and barn for $300,000. That isn,t bad. Seucluded from other people. Only some nuns live close by. Use to raise goats.
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07/05/06, 10:25 AM
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Banned
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Join Date: May 2005
Location: KY
Posts: 1,072
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Example
This ad was in the local paper here in western KY.
Land goes for less than this around here but I thought I'd throw this out there as an example. Usually you can get land for $1000 per acre, more or less.
Quote:
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165 ACRES in Lyon Co. Gently rolling cropland, pasture & woods. Excellent for crops, cattle & hunting. Road frontage, county water, 3 ponds & barn. Minutes to Lake Barkley. Great opportunity. $2,200 per acre.
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07/05/06, 11:41 AM
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Join Date: Apr 2006
Location: ozark foothills, Mo
Posts: 1,051
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land prices
Is there any good land priced low enough?
Land prices can be compared to the prices of oats, as in oats are Much cheaper after they have been through the horse!!:-}ray
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07/05/06, 11:46 AM
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Join Date: Jan 2006
Location: Arizona
Posts: 1,370
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Thanks Hank-Narita, but we would still have to leave our business behind if we were to go as far as Willcox. We have taken day trips to Willcox. It would be quite a distance to commute. I think we'd rather just sell the business and leave the state for someplace with a milder climate, more rain, and some more green. Cheaper land too, cheaper water. We pay $20 an hour for irrigation. People right down the road pay $5 an hour. Our irrigation company is crooked, methinks.
Niki
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07/05/06, 03:00 PM
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"Mobile Homesteaders"
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Join Date: Feb 2006
Location: Highly Variable
Posts: 577
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Cheap land within commuting distance of good jobs or even mediocre jobs is rare to non-existent. Real estate people say, "Everybody seems to be looking for a couple or few acres near town and jobs".
__________________
Whether you believe you can or you believe you cannot – you are usually right.
This does not include flying or moving mountains unassisted or attempting to prove the existence of an “afterlife”.
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07/05/06, 04:11 PM
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zone 5 - riverfrontage
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Join Date: Oct 2005
Location: Forests of maine
Posts: 5,872
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Quote:
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Originally Posted by Obser
Cheap land within commuting distance of good jobs or even mediocre jobs is rare to non-existent. Real estate people say, "Everybody seems to be looking for a couple or few acres near town and jobs".
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I think that depends on a lot of variables, too.
What do you consider a 'good job'?
How much money do you need? Hours?
I know crane operators and heavy equipment operators; here who are making $50/hour sunrise to sunset through the building season. Others who make $20/hr but are limited to 60 hour work-weeks.
My wife transferred her job to here [works for a LARGE corporation], but she makes $16.50/hour, does some work as a cashier, some on a loading dock receiving shipments, some in freezers stocking, some out on the floor with customers either stocking shelves or hunting down items they are looking for. In the transfer she maintained her seniority, sick and vacation time accumulated, etc. She does commute about 25 minutes each way.
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