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Re: Re: Land prices
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Posted by Gary in Geneva on March 19, 2004 at 07:27:38 from (66.166.242.172):
In Reply to: Re: Land prices posted by Larry NE IL on March 18, 2004 at 19:53:13:
Some times you can get lucky and find the useable acreage you are looking for with a hunk of unusable land in the mix. Make an offer even if the asking price is too high. If they have been trying to sell it for a while with no interest they might just accept your offer. We started out looking for 10 – 20 acres out from Orlando, FL. We found land going for $8,000 – $25,000 per acre. It was mostly JUNK. One piece we went to look at was under water in the dry season and was only $216,000! We did our homework with each and every piece of land we went to look at and ended up with an 80 acre parcel with power lines through 8 acres. After some work we have the land looking nice – much better than even we anticipated being able to do.
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