Stalkhunter
Well-Known Member
I am look for my own little piece of land to put my Camper and hunt. I will have to put septic and water in. Going to head out and look at it it's in East Tn. I guess in the end it's up too me.
17 acres is 5100.00 an acre too much.
- Thread starter Stalkhunter
- Start date
Who's to say in this day and age. My personal opinion is if you can swing it and it's not like other property in the area is going for half that then I would not worry so much about it and enjoy my time on this earth with the 17 acres you were blessed with being able to buy and enjoy.
Have to know exactly where it is but yeah that's high. Well now that I think about it I was offered $48 ,100 for mine which I call 10 acres but it's actually 9.6 so may not be that high if it's what you what. I turned down that offer though .
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FLTENNHUNTER1
Well-Known Member
Recent sale of property in my area sold for 60,000 for 6.5 acres. 5100 doesn't seem high to me but as Snake said depends on where but still doesn't seem bad to me. Look at comps in the area you are interested in.
FLTENNHUNTER1
Well-Known Member
Especially if it has a deer highway running through it.
trout
Well-Known Member
Check out Realtor.com to filter and search out listings for comparable properties in the area.
Chiflyguy
Well-Known Member
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- Aug 6, 2019
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You can wait and hope that prices come down but your internal clock keeps ticking.
Do what makes you happy.
Do what makes you happy.
Remington700
Well-Known Member
Everything is crazy high right now. I do not think that is too much.
ImThere
Well-Known Member
It's worth what you're willing to pay for it. No more no less. IMHO. When you walk it you will decide what that property is worth and make an offer.
I've been on properties where the seller and I were on opposite sides of the spectrum and I been in properties where we seen eye to eye and made a deal. I walked a property where he was way over priced, I decided what I'd pay and bought it. He was trying to find a sucker but knew the market and settled for fair market value.
I've been on properties where the seller and I were on opposite sides of the spectrum and I been in properties where we seen eye to eye and made a deal. I walked a property where he was way over priced, I decided what I'd pay and bought it. He was trying to find a sucker but knew the market and settled for fair market value.
Farm land is going for $6000-$9,000+ an acre in my area. Just depends on who wants it and how much money they have.
I have my residence in Alabama and I own land in TN. I get a letter at least once every two weeks from a realtor trying to buy the land in TN. Most offers are sight unseen on the property and they are proposing 2,500 an acre now. I almost sold one tract this fall but decided to hang on to it and see what future prices do. Don't put a price on it now or someone will take you up on it.
That's all up to you. If you like the property and location then go for it.
There's 9 acres that borders my land that I am really hoping to buy. Just trying to track down the new owners that bought the house and land. I'd sign a contract tonight for $5100 an acre if they contacted me wanting to sell the land they bought with the house.
There's 9 acres that borders my land that I am really hoping to buy. Just trying to track down the new owners that bought the house and land. I'd sign a contract tonight for $5100 an acre if they contacted me wanting to sell the land they bought with the house.
That depends on too many variables to be able to say. I was offered 15k per acre for my little hobby farm in a very rural area just a few weeks ago, but that's that place and this area. Just way to many variable.
Wow, that's crazy, but some markets that's good deal. When I bought my 29.5 acres in summer of '21, I paid 30K for it. I had hunted on this land since 1995. My neighbor called me in middle Dec to sell 51 acres from part of his 114 acres. He told me 1,500 a acre, but when I sent him the contract first of Jan, he said I miss understood, he wanted 90k for the land even though he's never said a word to me about $90K. That's 1,764 a acre. I was mad and started to walk away from it. Been thinking about it a lot last few weeks, it allows me access to my land and actually boarders my east and south. Gives me 4.5 acre field and small 1/4 acre pond. So now I'm thinking to just go through with it. A farm that meets his east boundary just sold this summer for 2200 acre and it's rougher land.
The way I look at it, land is hard to come by, finding some that you like or some that could add to your current, it's worth just doing it. The days of having a lease or permission really sucks when they cancel the lease or property sells.
The way I look at it, land is hard to come by, finding some that you like or some that could add to your current, it's worth just doing it. The days of having a lease or permission really sucks when they cancel the lease or property sells.
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It's worth what someone will pay. Land around me can go for 100 k per acre and that's not even top dollar. Check comps and go from there.
deerhunter10
Well-Known Member
Cheap for around me. Land around me at the moment is 12k to 15k an acre. Land is the best or one of the best investments you could ever make.
Stalkhunter
Well-Known Member
It's mountain land
Stalkhunter
Well-Known Member
Thanks for the in-put.
ImThere
Well-Known Member
Wow that's amazing. You don't hear if prices like this much
