Land prices?

Land prices are going up dramatically here, too. We've had a very mild winter, so all of the California people who thought they'd visit for skiing are seeing how "mild" the winters are here.

Now they're buying.

Give 'em two or three hard winters and the Ryder trucks will be clogging the highways.

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Gun-toting, church-going, homeschooling, right-wing conservative, happily married, stay-at-home mom of three living in the real United States of America!

In my area, land prices generally range between $1500 an acre to over $4 million per acre. Location is everything.

5 acre parcels are $125K and up. Three miles down the road is a 5 acre piece with a lovely view of the Canadian Rockies that has a price tag of $200,000!

We've considered pulling up stakes and moving to one of your less pricey rural areas...our place ought to sell for about $300,000 right now. But I just love my temperate climate...anything over 75 is too hot, anything below 30 is too cold, lol!

I paid 23K for 2.4 acres with a well four years ago, 2K under the asking price. Lot came with a decent shared well. I thought I got a deal, locals told me four years before, the same lot would have "sold" for $5000, about the cost of my share of the well ...

Two 1.2 acre lots behind me just sold for 30K each, and one has serious drainage issues. The owners think they got a deal! I can't believe what they paid compared to mine.

Sense a trend here ... (These are some of the last decent sized lots you can buy for an "everyman" price in the state of AZ, that are within commute distance of a city. An acre lot in Scottsdale where I work would sell for half a million. And our prices are going up at nosebleed rates.)

Leva

It varies widely North to South in Maine....Southern being very expensive and Northern very cheap.....Mountain views and shore frontage at a premium.

In 1997 we bought a camp on 6 acres for 18k invested 15-20K now worth over 100K min. Land there is 29k for 2 acres. North western Maine

2 acres in southern maine could get 50-75k Northern farmland 350/acre in 100 acre plot...but goodluck finding a job up there

The LOT, -no acreage, no well or septic, slopes too much to build much on it, road is a rutted MESS, - next to mine is for sale for $6500.00. Wow! It is about a third the size of mine. Hmmm. This is actually good news for me, I'm hoping to be able to sell my property to finance a homestead in about 8 years. I sort of wish I could buy the lot for a buffer, but my road does a fairly good job of keeping me the only one on it so far, lol.

San Antonio is creeping further north all of the time, so I can really predict that my area will become worth more and more. I wonder though as I drive up the 35 miles of highway every day and see all of the new subdivisions and apartment complexes...what will all of these people do if gas DOES go up to $10/gallon???

hollym

Four years ago we paid $2700 per acre for 96 acres here in NW MS. No utilities, house, water, etc. Just land.

After looking at property that was going for $25,000 an acre in Fayette County, TN we thought we got a darn good deal!

Thirty-nine years ago my parents bought 56 acres with a huge barn, two wells, sheds, chicken coop, sturdy two-bedroom house with wood stove (my mom still cooks on it), all animals (mule, cats and chickens) and all farm tools for $10,000.

Makes me wish I'd had some cash when I was seven-years-old. :haha:

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I'm running so far behind I thought I was first!

http://hickahala.blogspot.com/

Well, we just bought 1 level acre off a main road w/ a manuf. home and a couple outbuildings for $320,000. This was considered a "good deal". The other 1 acre parcels we looked at were $150,000 to $300,000. The $150,000 were always a sloped lot with really scary driveways too, lol.

The bigger parcels we looked at were 20 acres for $300,000 to $500,000 with no water and electricity. We of course could not afford those!

It's fascinating to see the different prices in other states. I wish we could move out of state!

christie

Our farm now, house-buildings & 12 acres was 40K, 8 years ago. My first farm here was 8 acres, house-buildings for 40K, about 15 years ago. A place like ours, house-over 11 acres (considered a farm) outbuildings, good and livable, etc goes for about 100-120K now, if it's in a dry area. Gotta be really careful here with the flooding on the lower grounds. Creeks rise fast here. Look and you will see, all the old farmhouses are UP on the highest part of the land.

It's not that cheap still, but it's not too bad either. You can find a mobile on 7-8 acres for 50K still, with water & elect. The land companys are buying up all the big farms, and you can still find the OLD farmhouse, usually with 5 acres put with it, for about 60K. Course, that comes with 40 neighbors who have 5 acres too. One gets the barn, one gets the pond, one gets the tractor shed, one unknowingly gets the bottomland with standing water in the spring.

Go way out in KY and it gets cheaper. Just saw 40 acres, old barn for 99K. For years, the land held at 3K an acre, but now it depends on where it is, how close in to town, etc. 100 acres at Rough River, just thick-dense woods, is still holding at 3K an acre. Which is very high I think. Our Wednesday paper real estate section is just full of auctions, big-big farms & 200-300 acres going all the time in sections. All the time. The trend now seems to be south of town, which is good for us, we're west of town, and still surrounded by wide open farms. Lots of old families out my way, who've been here forever.

I heard they are putting in a RV Mega Center, at the KY-TN border down there, with a 400 bay service garage. Supposed to be huge. That'll run land up down there really high, and it's allready pretty high down there by Bowling Green.

the cheapest building lot in my area 115,000 and its not even an acre 0.39 in southern RI

You guys are scaring me.
We bought 320 acres next to us for 110 an acre 2 years ago.
It's a bit rough, but it has good grass and if you know where to drive, you can go one end to the other. There's no natural water, so water has to be provided from a well, and either piped or pumped with a windmill just to give the cows somewhere to drink.
One thing it does have is a fantastic view of the North Platte River valley.

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Whenever you find yourself on the side of the majority, it is time to pause and reflect.
Mark Twain
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Enforced tolerance is oppression

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