How much does an acre of land go for in your area?

[Mousefield]

Pulled up vacant land in our area, within 5 miles of us.

$270,000. One of three approximate (5.1 acres) 2+ hectare parcels available. The zoning is R1 and not in the ALR, two homes permitted and the possibility of a builders strata. All parcels have a drilled well, are perimeter fenced, paved road on Burbank, well treed for privacy, some gravel deposits on each parcel. Located at the end of a quiet road, close to trails.

$349,900. The beautiful setting of this nearly 11 acre site will capture your imagination to see the potential of the estate you can create and maintain your privacy on this peaceful property. With French Creek flowing across the front and a gentle slope to the south end with access available from two roads the selection of potential home sites is endless. Frontages and hydro services available at either Grafton Road or Tintern Rd, gates and a fence has been installed on Grafton Rd, it also has a water license for the creek. Dimensions of approximately 360'x1350', ALR zoned and good value in timber the options abound for this site. This is the first time this property has been offered for sale since 1911

$399,000. Looking for an absolutely private mountain view acreage...almost 20 acres in Hilliers at the end of a quiet road. Less than 10 minutes to Qualicum. This acreage has a pond and creek forming the southern boundary.

$799,000.
Rare offering, 60 acres with a new access off the end of Middlegate Road. This property is partially cleared but still has a large portion timbered. There are also gravel reserves on site. Ready for your ideas. Property is extremely private, and surrounded by rural properties and adjacent to resource managed lands backing onto Englishman River.

Just amazed at some of the cheap prices in other parts of Canada and USA.

 

[R_Walter]

I am not keen on the stock market and invest in other things. Where I live land never really went up big nor has it gone down any to speak of. I own a little over a couple hundred acres total now and I think I'm going to buy another lot.

You must own a whole bunch of lots to total over a couple hundred acres?

 

[R_Walter]

A little over a year ago we bought 40 acres for 12K in the mountains of New Mexico. That is 300 per acres, so don't hate on me I was just in the right place at the right time.

They've been trying to sell those subdivision lots down there by Datil forever. Glad they got rid of one.

 

[UpToNoGood]

They've been trying to sell those subdivision lots down there by Datil forever. Glad they got rid of one.

Datil and the area around it is quite large. I am over 45 mins from the town of Datil so I don't think you know what you are talking about not knowing where I am.

BTW I don't recall you listing what you paid for your land or did I miss it?

 

[R_Walter]

Over west of me three miles there's a 1.5 section piece (960 acres) on the market for $385,000. It's mostly low lying range land with several gas wells on it, but does have some higher treed spots. East of me on the border with the Santa Fe Nat'l Forest there's a 240 acre piece for sale at $450,000. It's high up and covered with Ponderosa, Pinon and Juniper. My house down near the big city sits in a little village on the outskirts with 1 acre lots going for $300,000 5 years ago. Now they're more like $150 - $200K after the bust. It just depends... location, location, location

 

[R_Walter]

Datil and the area around it is quite large. I am over 45 mins from the town of Datil so I don't think you know what you are talking about not knowing where I am.

BTW I don't recall you listing what you paid for your land or did I miss it?

Give me the name of the subdivision you bought in and you'll know whether I know what I'm talking about. I worked for years in dividing up some ranches down there. I know that area like the back of my hand.

 

[Dargo]

You must own a whole bunch of lots to total over a couple hundred acres?

Not really. There are some guys on here with a whole lot more land than I have. I'm just a small fish in a big ocean. One large (to me) lot I have is right at 200 acres itself. The others range from a rental house on a half acre to a medium sized lot just over 5 acres in a high end subdivision to the little 12 acre lot my house sits on. I know quite well I'm just a speck on the map compared to several here.

 

[g0rd0]

In 1996 I got this place house and barn and 32 acers for 60g canadian. now 2miles up the back road from me is a 3bdroom 2 bath self sustained never lived in log home with its own solar and wind electricity plus 595 acers for 1.5 mil canadian. Go figure. It all depends on the 3 greats of realestate location, location,location

 

[Lloyd_E]

20 plus years ago we bought our place for 50+K. 12 acre farm/200 year old house with work shop over looking the ocean within commuting distance to capital city. Totally needed a reno... 30 amp service, no furnace, or insulation. We rebuilt as we could afford. First six months we worked evenings 6 PM - 1 in the morning and all weekends to get it liveable. Each year or two after we did a major project. Most of the work we did ourselves. Talk about sweat equity. I can thankfully say within that time we re-morgaged a few times but paid it off plus built a few more buildings. Before the market bust we could have got about $500,000 for it. We looked at selling but in order to stay in the area we would have paid more for what we had... We still could get around $325,000 but again we looked at what is out there.

A note from the wealthy barber is taken here... doesn't apply to everyone... a lot of people buy and sell to gain equity... spending a lot on additional fees/lawyers/taxes/bank fees etc. if you pick the location and improve over the long haul you may gain a better percentage. Just say'in...

 

[ultrarunner]

20 plus years ago we bought our place for 50+K. 12 acre farm/200 year old house with work shop over looking the ocean within commuting distance to capital city. Totally needed a reno... 30 amp service, no furnace, or insulation. We rebuilt as we could afford. First six months we worked evenings 6 PM - 1 in the morning and all weekends to get it liveable. Each year or two after we did a major project. Most of the work we did ourselves. Talk about sweat equity. I can thankfully say within that time we re-morgaged a few times but paid it off plus built a few more buildings. Before the market bust we could have got about $500,000 for it. We looked at selling but in order to stay in the area we would have paid more for what we had... We still could get around $325,000 but again we looked at what is out there.

A note from the wealthy barber is taken here... doesn't apply to everyone... a lot of people buy and sell to gain equity... spending a lot on additional fees/lawyers/taxes/bank fees etc. if you pick the location and improve over the long haul you may gain a better percentage. Just say'in...

Sounds like you live in Ann of Green Gables Country?

The advice to stay put and improve can be the best of all worlds if the property is in the right location... a disaster if the area is in a continuous state of decline...