Posted by Deamer1 on August 20, 2007 at 20:04:55 from (12.213.112.39):
In Reply to: buying land posted by randy47 on August 20, 2007 at 12:56:34:
My wife and I went to a land sale where the Century farm was being split into tracts of all sizes. We saw a young couple bid on two tracts. The first tract, they went up to $13,000 per acre for a 20 acre tract and quit. It went for more. The second tract was a 40 acre tract, they bid up to $13,800 per acre and stopped. They left the sale with no purchases. Ain"t that something....bid $13,800 per acre and couldn"t get it bought! Go figure that total! And the land had no improvements. Just happened to be in a area where some have it and others don"t. Location. Location. Location. Have a good week.
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