Neighbor asking $95,000 for 7 rough Acres

I'm in Clay Co. US census says we're the 6th poorest county in the USA!! Definitely not a "Prime" area.

I've also got land in West KY, and it doesn't bring anywhere close to these prices.

2 selling points on my neighbor's land (and mine, as well)...

1. - It's directly across the road from the grade school and high school...good location.

2. - Before the KY state Govt. tanked, they had plans to build a by-pass to the federal Pen, that's less than a mile from here. IF they ever decide to go through with their planned by-pass, it will cross the neighbor's land, and then cross mine, and actually has been arially surveyed to pass directly through the front gate of my property.

Everyone tells me that when the state takes land for roads, they pay big bucks. I dunno. I didn't buy this to sell it to the govt. We live here.

However, it could be that the neighbor thinks this "perhaps" state road project makes his land REALLY valuable.

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"The most beautiful system of the sun, planets and comets, could only proceed from the counsel and dominion of an intelligent and powerful Being." - Sir Isaac Newton
(A REAL scientist)

it's happening every where. there is 5.79 unimproved acres that needs a survey, and no access road, across the road from me. asking 29.9. i'm still thinking about making a low ball offer, just a hair over what they actually paid for it. there's no such thing as too much land.

i think the real estate bubble that had everyone in big cities all excited last year is trickling down to rural areas.

I didn't know they had white-tails in CHINA...I guess they do!

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"The most beautiful system of the sun, planets and comets, could only proceed from the counsel and dominion of an intelligent and powerful Being." - Sir Isaac Newton
(A REAL scientist)

Plenty of churches in AR and plenty of jobs in fayetteville, Ye sI have heard that and there is another about the two last famers left one east of the MIssippii an done west I cant remember how the rest of it goes.

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marching to the beat of a different drummer

The prices referenced above would not raise an eyebrow here in NC. Actually they would seem reasonable to cheap! Recently I had a person make they way down my drive insisting I sell them land and at an acreage price exceeding the above except for the $40k reference. I sold, to a farm family, 4 acres last month. I did not have a For Sale sign up, they came to me wanting to buy. They had a price in mind and it was too high for me to refuse. A hundred miles away I can buy 175 acres for what I got for the 4. Since I am a tree farmer and trees do not discriminate as to where they grow, I always feel the need to expand my tree acreage. Those not familiar with a 1031 exchange and have the opportunity to sell need to acquaint themselves with this tool.

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Agmantoo
If they can do it,
you know you can!

3 acres catycorner from us just went up for sale for $45000. Just land, no improvements.

Pony land is over priced where I am 3k an acre and 45 min from town. Way out ther eit may be able to be found at 1k an acre in larger acreages usually occasionally smaller. Their is no way to justify the prices in terms of the agriculture value of the land, it is because of all the new mc mansions that are going up and speculation even on my road now there is a 200k house with a lawn My neighbors said they they never thought they would see the day.

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marching to the beat of a different drummer

Arizona High desert, near I-40, 300-600 per acre (in 40+ plots) and good job markets not too far. Wish for trees but the space will be nice.

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Please forgive Typo's and Gramatical Errors as a result of public education

"That's the governments job. To meddle and interfere equally" - Reynolds

Speculators. Give the bubble time to burst. The only thing that will hold up prices is big time inflation in the dollar. After all we got to pay for this very expensive war and the govt aint doing it by direct taxation. That means they is going to put printing presses into overdrive and let inflation do the taxation for them.

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"What would you do with a brain if you had one?" -Dorothy

"Well, then ignore what I have to say and go with what works for you." -Eliot Coleman

When this happens (land prices going way up) it means you are way too close to other people.

I watched my dad's farm go from $1,000 an acre up to $50,000 an acre. He's not able to travel now, but he spent ten years traveling the world with the proceeds from selling the family farm. It's now McMansions and industrial park, with strip malls and all the trimmings. He is only 30 miles north of St. Paul, MN. Swimming pools and fences where I use to ride my horse without another human in evidence. I hate going to visit, and seeing the "progress". His house will be dozed once they move, and most of the old houses have been dozed to make room for wider highways and development. It's hard to even regonize it as the place where I grew up.

Cathy

I would sure be wishing for easiley accessible and cheap plentiful water also I imagine.

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marching to the beat of a different drummer

How sad macybaby

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marching to the beat of a different drummer

we have a huge influx of folks retiring to my area from other states. o know folks with land to sale. they just put up signs but no advertised price. they have a price they give locals and a price they give city slickers etc from out of state. i considered buying sixteen acres across the road from me for 42,500 but felt it was little high. i passed. i have a new neighbor now living over there. the husband was born here but moved up north when he was 20 and is now 70 and retired. they were just tickled pink they got the same land three weeks after i considered it and ONLY had to give 75,000 or so for it. where they used to live land was 10 grand a acre.

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What we have here...is a failure to communicate.

Actually Kennebec County and particularly the China area in Maine has a very high deer population...but also alot of unsportsman-like hunters...those photos are from Lexington....Maine thats is The deer are bigger as the area is less developed. And even bigger the higher you go into the mountains...but you work harder for what you get....

Personally I'm looking forward to the bubble bursting...we aim to grab up a nice hayfield and woodlot....Cash talks....

Maybe at 95k he figures that you can't catch fish without bait in the water.......

Bolenyz

Unless his place has commercial potential or sub divide potential he is way off the mark.

KY and WV land prices are similiar and I built and sub divided tracts of land in Southern Ohio for 15 years, so I can tell you he's dreaming to get that price.

I'd wish him luck after all there is a sucker born every minute in the world. Maybe he will find one.

But I doubt it.

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Life is not measured by the number of breaths you take but by the moments that take your breath away

WVPEACH (paula)

I go excited when the 3.5 acres accross the street from me came up for sale. They wanted 85K, no sale, have now gone down to $79K!!! It is mostly wooded, has a gravel "driveway" and the perk test was done, that's it. I must of gotten a real deal on my 7.5 acres

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Amanda

"Live and let Live!!!"

"Courage is being scared to death--and saddling up anyway" John Wayne

You guys are so lucky! Here in California we paid $315,000 for 2.54 acres! I would love to pay $10,000 an acre. But we stay in California because all my and dh's family is here and his very established job is here.

Don't flame me because I am from California. I am not responsible for sending the prices skyrocketing. I wish they were lower!

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Chickieeeee

I've never let my schooling get in the way of my education. -Mark Twain

I guess we're lucky here....however, morkets vary in every state and location, and $13,000.00 an acre is WAY off the mark for this market.

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"The most beautiful system of the sun, planets and comets, could only proceed from the counsel and dominion of an intelligent and powerful Being." - Sir Isaac Newton
(A REAL scientist)

Here in the eastern part of Pennsylvania, land prices are totally insane. There was this old place where the old man went into a home, old delapadated house on 10 acres. Hand dug well, no septic (not even an outhouse), house in such bad shape it warrents tearing down, lots of junk and cars, grass hasn't been mowed in years. Thought I might get it cheap, yeah right!! Within 9 days it sold for $264,000. Last year there was 55 acres right up the road from this place, old farm fields, it sold for $1,289,000.