Re: Re: land prices

Posted by KURT (mi) on February 03, 2004 at 16:00:37 from (166.90.226.127):

In Reply to: Re: land prices posted by Mich. Farmer on February 03, 2004 at 05:13:04:

In my area of Mich. it is now $15,000 or more an acre. These parcels are 2.5-5-10 acre plots the 10 acre plots are going between 100K and 150K. These are the plots that are split up by owners and they cash in. My parcel in 1998 was selling for $44,500. I bought it for $38K 2 years after it was listed. The guy I bought my 2.5 acre parcel from got divorced and split up his 60 or so acres. I have a fully wooded lot the largest clearing area was maybe 100 sq. ft. I spent 6 months on the weekends dropping and logging up trees. In my area there are farmers who have 100 or 200 acres and sell it off and get their million or so and live happlily ever after. 2.5 acres is the smallest parcel you can get. I do know of an ordinance that says that you cannot clear more then 10 acres of trees, dont know what the fine is or isnt.

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