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Land prices
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Posted by Jonathan on March 18, 2004 at 16:10:07 from (165.121.131.150):
I got a real estate booklet in the local paper and I looked through it and WOW!!, huge land prices!. This booklet was for propertys in northeren Vermont and I am going to list a few of the discriptions of propertys listed and their prices, so you can compair them to your area. Building lot:
10+ acre building lot, mostly wooded, stone walls, brook through property. Lot is conductive for a walk out basement.$84,900. Beautiful wooded lot:
with approximately 2.5 acres of land. Easteren mountain views. Road frontage.$59,000 The Country Beckons:
You to come and build your dream home here on these 5.9 acres. This lot offers you both open meadow and beautiful mountain views. You will love the very nature of it!. This land is offered at $125,000. Own Your Own Hilltop:
End of the road privacy on 250+ acres. Class 4 road provider, easy access plus electric and telephone to the lot.$375,000 Beautiful historic farm house with hardwood floors and lots of original woodwork on 500+/- acres of pasture and woods with mountain views brook and river bordering. Several barns and out buildings and a two bedroom house converted from an old school house are included in this property. Possible development potential. $2,000,000. Those are just a few examples. Land is getting so expensive that farmers can't buy it. About the only land farmers are getting hold of is land that a retiring farmer is willing to take less on to keep it in farming. Something else that is really helping is the Vermont land trust that buys the development rights to farms from farmers who wish to make sure their land will stay agricultural. Unfortunatly, most of the farms are getting broken up into many many pieces and sold for building lots. It's getting harder and harder to find any acreage and if you do happen to find any, it's unaffordable to a farmer. Whats it like in your area?.
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