Neighbor asking $95,000 for 7 rough Acres

ponyboy123 · #41 09/06/06, 09:31 AM

Wow, u all should move up north. I just bought 105 acres with farm house, new heated garage, huge barn and 3 other out buildings, half pasture land and half wooded. Only paid $120,000.00 Bout $1100.00 an acre, and that's Canadian dollars.

Sparticle · #42 09/06/06, 09:43 AM

Quote:

Originally Posted by ponyboy123

Wow, u all should move up north. I just bought 105 acres with farm house, new heated garage, huge barn and 3 other out buildings, half pasture land and half wooded. Only paid $120,000.00 Bout $1100.00 an acre, and that's Canadian dollars.

Do you have any pictures of your farm posted anywhere? I'd love to see it.

Christine in OK · #43 09/06/06, 09:55 AM

I called on a place about a mile and a half from us a few months ago (it's still for sale). 5 acres +/-, about 1500 sq. ft. house, less than 1/4 mile from the railroad tracks. They want $1,000,000 for it. There are plans to widen the road that runs right in front of it, so it has "commercial potential". Of course, the road widening is off a couple of years in the future, and it isn't zoned for commercial (re-zoning in this town is a trick, the mayor doesn't want Popeye chicken going in on the south end of town because she thinks the colors are too bright - can you tell I live in a town full of snobs?).

Sometimes when I drive by there it makes me want to call again and ask them "oh, so you already have it re-zoned for commercial or will make certain that re-zoning is approved before closing, because otherwise I think you're an idiot!".

Boleyz · #44 09/06/06, 10:28 AM

Quote:

Originally Posted by ponyboy123

Wow, u all should move up north. I just bought 105 acres with farm house, new heated garage, huge barn and 3 other out buildings, half pasture land and half wooded. Only paid $120,000.00 Bout $1100.00 an acre, and that's Canadian dollars.

That's a good price, but then ya'd have to live in Canada!

Just kidding...Ya might want to PM dennisjp on the "Splitting up a large Tract of Land" thread. He's looking for cheap, wooded land with a stream.

Bear, I knew PA was ridiculous, I've got a brother who lives in Boiling Springs. He lives in an upscale subdivision...big $$$ for his place.

Christine, if that place has been for sale awhile, ya might call them and make them a reasonable offer...all they can do is say "no"! Go for it!

iocane · #45 09/06/06, 10:51 AM

Theres also a lot of speculators buying land just to hold on it till it goes up. A few people doing that doesn't make much of a difference. Problem is a lot of people are doing that. I think if someone buys land for investment purposes they should do something to it to fix it up. Just holding it keeps it from being a benifit to anyone. So instead of adding from the economy there taking away. A house with land where someone could be raising a family and producing crops instead just has nothing happen.

terrythetaod · #46 09/06/06, 12:33 PM

Location, location, location. There is 5 acres with a mobile home down the street from me... price? $425,000. On a dirt road, no less! They may not get the full price, but they'll get something close. (This is in Central Florida. Not everyone is moving OUT. Plenty of people still coming in.)

Hike4beer · #47 09/06/06, 06:31 PM

Hello, I've never posted before, and not sure what I'm doing. My brother and I, purchased 160 acres of forested, off grid, mountain land in Oklahoma. We paid $300/acre, there is full time water, tons of wildlife, and standing stone bridge supports from where the stagecoach once ran through it. Reading this thread makes me feel like we did the right thing.

DW · #48 09/06/06, 10:13 PM

Sounds like Colorado!!!!!!!!!

QBVII · #49 09/06/06, 10:46 PM

Quote:

Hello, I've never posted before, and not sure what I'm doing. My brother and I, purchased 160 acres of forested, off grid, mountain land in Oklahoma. We paid $300/acre, there is full time water, tons of wildlife, and standing stone bridge supports from where the stagecoach once ran through it. Reading this thread makes me feel like we did the right thing.

Can you tell us more? I'm curious about how a person can guy land like that for that price.

rambler · #50 09/07/06, 12:34 AM

I'm not all that old. I've seen bare farm land sell for $600 an acre.

Went up to $2700 an acre.

Then back to $850 an acre.

Now it's at around $3500 an acre.

I'll bet I see it at $1200 again some day.

And at $5000.

I won't try to price farm sites - those are way too variable!

--->Paul

Hike4beer · #51 09/07/06, 05:44 PM

Quote:

Originally Posted by QBVII

Can you tell us more? I'm curious about how a person can guy land like that for that price.

Well first of all this land is not for everyone. The land can be accessed without 4wd, but you can,t get around on it without it. The land has no utilities, is heavily forested, and has a several hundred foot elevation gain on either side of the creek. Although there was once a log cabin and family farm with full fencing, the land is not too good for ranching. Traditional farming is impossible, but terraced gardens will work great.The trees are mainly large pine, oak, and hickory also with willows, cedars, and lots I can't i.d.. There are deer, turkey, coyote, bobcat, beaver, coon, lots of snakes, frogs, and lizards. We purchased 80 acres from a forester whom had bought the land and sold large pines off 20 acres (guess he made his money that way). This land ended up with a title problem for nearly a year, so one day i opened the Dallas Morning News and saw a new ad for 80 acres. I called the owner and it was next door to the other land, and he needed to sell fast, so I bought it. Two days after setting a closing date, the title on the first land finally cleared. I'm not real religious, but this seamed to happen for a reason. Now I'm trying to figure out how get there full time.

Sparticle · #52 09/07/06, 07:22 PM

Quote:

Originally Posted by Hike4beer

Well first of all this land is not for everyone. The land can be accessed without 4wd, but you can,t get around on it without it. The land has no utilities, is heavily forested, and has a several hundred foot elevation gain on either side of the creek. Although there was once a log cabin and family farm with full fencing, the land is not too good for ranching. Traditional farming is impossible, but terraced gardens will work great.The trees are mainly large pine, oak, and hickory also with willows, cedars, and lots I can't i.d.. There are deer, turkey, coyote, bobcat, beaver, coon, lots of snakes, frogs, and lizards. We purchased 80 acres from a forester whom had bought the land and sold large pines off 20 acres (guess he made his money that way). This land ended up with a title problem for nearly a year, so one day i opened the Dallas Morning News and saw a new ad for 80 acres. I called the owner and it was next door to the other land, and he needed to sell fast, so I bought it. Two days after setting a closing date, the title on the first land finally cleared. I'm not real religious, but this seamed to happen for a reason. Now I'm trying to figure out how get there full time.

Well welcome here. I look forward to learning more about you. Thanks for sharing about your property, it sounds beautiful.

RedTartan · #53 09/08/06, 08:09 AM

Boleyz,

Offer him 30K... in February. Let him sit on it awhile. I just bought a house appraised at 192K for 136K. The deals are out there.

RedTartan

braggscowboy · #54 09/08/06, 09:37 AM

I live in Eastern Okla. in a nice area. Most everything in the eastern part of the state is green. Green Country. Land is not expensive here at all, as you describe where you live.
There is ar was a place that was for sale close to here I live, the people had a for sale sign on it for some time and have moved. No one lives there as of now. It has a, (I think) double wide. Appears to be nice from the road (blacktop). The best thing is 55 acres that would run quiet a few head of what ever you wanted to run. Most of it is open with good bermuda grass. Most of what would be good to bale. At the price of hay now in most areas, one could make payments with the hay. Has old windmill and old barn on the place and a nice new metal small garage or workshop. Big pond. Lots of deer and turkey in the area. A really nice place. She was asking 155,000 at the time. Not for sure if it sold or not. I would guess not. She moved to town about 3 months ago.
A really, really nice place sold about a week ago not far from the one above that would be what I would call a steal. On the market about a week. It was a near new double wide with 20 ac. A person could raise animals, garden or whatever. It has some timber. Mostly hardwoods with some cedars and pines. Pines were planted in rows many years ago. It is mowed pretty and slopes toward the road with double wide on the high part. No flooding of any kind. There are no rocks in the area. You can dig a posthole 50' deep if you wish. The area in which I live has some of the best water you would ever want to drink. It comes from spring water for rural water and city water together. Large fishing lakes in just a few miles. Arkansaw river only a couple miles away with good fishing. Hunting is very good with close public hunting
of several thousand acres for deer,turkey and all the small animals at certain times of the year. Military training takes place the other time of the year. This area is a good place to live. There is 160 acres on the road that I live one that is for sale for 1100.00 an acre. I know someone who offered 1000.00 an acre and would not take it, so he bought 3200 acres. (cow man).

ThreeJane · #55 09/08/06, 09:56 AM

Lot down toward the corner, five acres with water, power and phone to the edge of the property went for $125,000. In 2001, you could buy the same lot for $35,000.

Progress has reached northern Idaho.

Christine in OK · #56 09/08/06, 10:16 AM

Quote:

Originally Posted by Boleyz

Christine, if that place has been for sale awhile, ya might call them and make them a reasonable offer...all they can do is say "no"! Go for it!

To me, reasonable would be about $250,000. Not much chance they'll go for it. Besides, I know what they're doing - that place has been up for sale for over a year off and on. They're just waiting until that road does get widened in the hopes of making a killing. I wish them luck - it'll probably be another 5 years before it's finished.

TxCloverAngel · #57 09/08/06, 10:19 AM

when we bought our 5 acres here (about 4 yrs ago) the going rate was 10,000 per acre raw land.
now it starts @ 12,000 per acre if it floods. and $16,000 dry. raw land.

I actually went down to our development center checking demographics to see how my business I owned at the time would do out here and saw an area map....

Oh MY!!! all the trees & land along the nice road out to our place has been bought up by developers. They just cant build their subdivisions till they widen the county road. when they do...

I really love this place. I have put so much into trees, plants everything... I want to grow old here.. but it seems that Houston is moving out here. I don't know what I'll do.
**sigh**
I don't even wanna think about it!