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flatwater
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# Posted: 17 Jan 2010 05:04pm
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Looking through some relastate mags I'm seeing land prices dropping. found some great prices here in Eastern Wash. How are things in you neck of the woods?
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Jerry
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# Posted: 17 Jan 2010 09:08pm
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They seem to be down a little, but not a lot here in Minnesota. Hunters and others are still looking for private land because public land is becoming more restrictive to use.
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toyota_mdt_tech
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# Posted: 6 Feb 2010 10:37pm
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Flatwater, my Cabin is in Eastern Washington! (North Central) Hey, you want some sweet prices, check out http://www.dirt-cheap-dirt.com
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knottypine
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# Posted: 14 Feb 2010 10:29am
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Not going down in N. Michigan. $1,000 an acre for a nothing-special 40. Smaller parcels are more per acre.
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ericdj
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# Posted: 11 Mar 2010 12:22pm
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Small acreages (5-15) have become rather hard to find in mid-MO unless you go through one of the many "land pimps"..... but there's land here for $1350-1850/acre.....good cropland runs 2500-2800.
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RDLong70
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# Posted: 12 Mar 2010 12:42am
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In East TN acreage is running $5,000-$7,500 and up per acre.
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bugs
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# Posted: 12 Mar 2010 08:59am
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Hmmmmmm
"In our neck of the woods" to quote Flatwater the prices are variable. On our way to our property we pass through prospective developments (50 km out of the city) of bald prairie and poplar bluffs fully serviced 4 and 5 acre lots for around $110K. (All prices Cdn $'s ) These of course then have a 3 acre house built on them to block the view of the neighbours and to compete with the neighbours.
Near what passes for a resort in south central SK, empty but serviced lake front lots likely 40 ft wide are going for $100 K. For this you get to enjoy continuous boat traffic, noisy and nosey neighbours and some reasonable fishing. More northern lake resorts with much better fishing are likely double this price. Never have figured out why people from the city travel to another "city" by a lake, aka resort, to enjoy themselves.
Neither of the above appealed to us. We were looking for space where we could do some hiking and enjoy the out doors rather than watch our neighbours barbecue. We got our 240 acres of hinterland in the sticks for around $350/acre. This is about half what good agricultural land is going for in the area and about the same as pasture/grazing land. In better agricultural areas the land is going for $1200/acre or more similar to ericdj's estimates.
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Rob_O
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# Posted: 14 Mar 2010 04:53pm
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In my area (Louisvillle, KY) land prices are holding steady, seems most people who own land here have no real reason to sell it so they aren't.
In the area where I have been looking, land goes from ~$10k/acre for wooded property to over $100K for a subdivision lot. I managed to find a deal on 27 acres of wooded land for significantly less than those numbers, if I can convince the bank to help things work out I'll be starting construction of my own little cabin this time next year.
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cabingal3
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# Posted: 17 Dec 2010 03:03am
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the land up 13 miles from Crater lake in oregon is about 5000-7000$ for an acre and a quarter.the water table is high.the land is flat in the area we are.the soil is pumice but there is no snakes.a big thing to us.Theres lots of trees for firewood in the winter but i guess we need lots of trees for burning to keep us warm.pretty cold in the winter...but i like this.
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parklandgroupoh
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# Posted: 21 Dec 2010 08:54am
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Things are getting pretty good over here. You can really make a great deal depending on what type of property you are interested in buying. This friend of mine that works in Columbus homes for sale has real good insider-type info that has really helped me in the past. A real wealth of knowledge that one.
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cabingal3
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# Posted: 21 Dec 2010 09:05am
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we are so thrilled with our land.we never want to move except to our property at retirement.its so cheap,hi water table,no snakes.it is cold though.i can handle cold.
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Anonymous
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# Posted: 29 Dec 2010 09:16pm
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Land in Connecticut is always high, but I purchased 26 acres at just over $4,000 an acres--low by Connecticut standards.
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Rob_O
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# Posted: 29 Dec 2010 09:39pm
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Quoting: Anonymous Land in Connecticut is always high, but I purchased 26 acres at just over $4,000 an acres--low by Connecticut standards.
That is an incredible price for property in your state. Congrats on the purchase
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Anonymous
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# Posted: 30 Dec 2010 06:00am
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Quoting: Rob_O That is an incredible price for property in your state. Congrats on the purchase
Thank you! This was an estate sale and the owners really wanted to sell! I made a low-ball offer and they countered, and I ended up with the land. It was at the maximum limit I could afford and I had nothing to lose. I initially thoght I'd be wasting my realtor's time, but she told me anything is possible in this economy. Yes, "anything IS possible in this economy!" I never thought I'd own this much raw timberland in Connecticut ever, so this is one benefit to a bad economy.
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sabiggs
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# Posted: 30 Dec 2010 03:36pm
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I recently bought 10 acres of land in Southern VT for $37,500. The list was 45K. Nice land, roughed in driveway, some clearing, slightly sloped, mature pines, power at street, on-site spring. This seems to be a little below average for land in southern VT, from my research.
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MikeOnBike
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# Posted: 30 Dec 2010 04:31pm
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Our checkbook is still stinging from the $80,000 for our 80 acres. 5-10 yrs ago it would have gone for half that.
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Anonymous
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# Posted: 30 Dec 2010 05:50pm
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Where is this at? Hey, it's still 80 acres at $1,000/acre.
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Rob_O
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# Posted: 30 Dec 2010 08:27pm
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Quoting: Anonymous Thank you! This was an estate sale and the owners really wanted to sell! I made a low-ball offer and they countered, and I ended up with the land. It was at the maximum limit I could afford and I had nothing to lose.
My deal was sort of a "pre-estate sale". The owner was in his 80's and knew he wasn't going to live long enough to do anything out there so he decided to cut it loose for some foldin' money. The 27 acres was originally listed at 189K, then he slashed the price to 110K and I had the first offer on the table. After a few rounds with the various banks I told the agent I'd release the contract if he could generate another offer, even signed the release and the owner dropped the price to 100K and offered to finance half to make the deal work.
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Anonymous
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# Posted: 30 Dec 2010 08:47pm
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Dear Rob_O. I previously was "Anonymous" but found this site cool enough to actually register! It sounds like you got a great deal on your land. Mine was similar--the folks who inherited it asked $224,900 4 yrs ago; meanwhile, values were falling. Then they came down to $199K, and then $167K; Of course, I lowballed them and they took it. I think no one ever thought they could get it this low. I did my research and couldn't find anything in recent memory going anywhere near that low. And, it's not land-locked (nearly 1,000 feet of road frontage on a less-traveled state route. 103 miles from NYC. Mostly good, raw timberland. I am pleased you did well on your offer. I think the best deals would be found in estate sales or pre-estate sales. Otherwise, folks hold out for top dollar!
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01Marlin
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# Posted: 30 Dec 2010 08:49pm
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Sorry! I'm much better at hiking in the woods than figuring out a computer! "Anonymous", above is me--01Marlin.
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Rob_O
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# Posted: 30 Dec 2010 10:28pm
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Wow, I wish my property had some road frontage, I'm at the end of a private road (if you can call it a road) ~1000 feet off the main road. It's something like a Jeff Foxworthy joke, "After ya turn off the paved road..."
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parklandgroupoh
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# Posted: 31 Dec 2010 05:16am
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I've heard of some good things going on from this one Columbus real estate agent. She explained something about different market trends going on today but I can't remember all of it, I'm sure she has an article written about it somewhere.
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01Marlin
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# Posted: 31 Dec 2010 07:11am
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Yes, I ultimately couldn't believe my good fortune! Initially, I really discounted this property because it WAS on a State Route and had so much road frontage. I was more of the mindset that if one was to purchase 26.4 acres, isn't it better to have 200 feet of road frontage and a property that is away from the road all that much further? (It does go back as far as 1200' from the road, and, in order to build a cabin, it must be situated on the "rear half of the property", according to zoning--but, I would have done that, anyway, for privacy). And, the $167,000 asking price scared me away, too, until I decided to offer $85,000 and got it for $110,500. Also, anyone looking to buy ought to look at if there are acts that allow for reduced taxes based on your land classification--in Connecticut, there is a Public Act 490, which values the land based on its timber values, and not its actual value, which lowered my annual taxes from about $3,500 to $87!!! One must own 25 acres or more, so this was just the icing on the cake.
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seesaw
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# Posted: 3 Jan 2011 12:57pm
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We just purchased 5 acres near Claryville NY for 19,000. It's all rocks and clay and mostly sloping but we're happy as clams!
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dk1393
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# Posted: 3 Jan 2011 04:15pm
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Claryville is a nice area, I have a place in Livingston Manor
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MikeOnBike
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# Posted: 3 Jan 2011 05:06pm
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Quoting: Anonymous Where is this at? Hey, it's still 80 acres at $1,000/acre.
Southern Idaho
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facarver
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# Posted: 6 Jan 2011 07:32pm
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I have some nice lots from $14,995.00
http://www.barrenriverlakelots.com
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waldenpond
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# Posted: 6 Jan 2011 08:09pm
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looked at your site. are these properties for us off grid compost toilet rainwater system wood stove using cabin building aficionados on here?
like this area and looking here too, good income but nothing to put down.
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RIjake
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# Posted: 8 Jan 2011 09:28am
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We purchased 16 acres that turned out to be 17.3 acres after our forester gps'd it. $25,000. Thats less than $1500 per acre. It is heavily wooded with oak, beech, maple and other hardwood species. There is a stream running through the land and there are fantastic views.
The location is northwestern Maine. About 15 minutes from a nice little town that has everything we need.
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SmlTxCabin
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# Posted: 12 Jan 2011 05:14am
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I purchased 4.6 acres in central Texas in 2008 for $19,000. It is a little high for the area, but it is near a large lake and the smaller parcels of land sell for much higher per acre than the larger parcels. So I feel like I got a good deal. And I had been keeping an eye out for several years prior to the purchase. Also, Property taxes in the area are very low and there are virtually no restrictions for building from the county. So it worked out great for what I wanted. Plus I am surrounded by ranchland so no one is going to be cramping in on me. Just a few friendly neighbors just the way I like it.
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