How much is 1 acre of housing property within 10 miles of where you live? Prices here range from over $150,000 to $369,000 for bare land and no amenities. You just get an acre of dirt. Developers are out of their minds here. If you hurry there are some left.......oh wait, they are all still available. By the time you build a house you are in it well over half a mill. Building requirements aren't cheap either. You can't pull a junky old modular onto it either.
Land value
- Thread starter Zigga
- Start date
1 acre lots are a little tough to come by here. "Normal" lots, app. 1/4 acre are selling for $30,000-$40,000 depending on where it is. These would come with city water, sewer, electric, phone, gas, etc.
My wife and I just looked at a 6.5 acre parcel in the county. Its a "view" lot, it has power, gas, irrigation, etc but would need a domestic well drilled and a septic tank. They are asking $115,000. They may get that but not from me. Other, less desirable lots in the same subdivision (near interstate) just under 5 acres are listed at $89,000 and this includes the well.
If you want to live 15-35 miles from town, you can pickup 40 acres of land from $16,000-$40,000 if its not irrigated or adjacent to public lands. Irrigated cropland runs $2500-$4500 per acre and most places have a 40 acre minimum for housing. Sometimes you can get away with 5 acres, just depends on where you are.
This is info from SE Idaho, specifically around Pocatello.
My wife and I just looked at a 6.5 acre parcel in the county. Its a "view" lot, it has power, gas, irrigation, etc but would need a domestic well drilled and a septic tank. They are asking $115,000. They may get that but not from me. Other, less desirable lots in the same subdivision (near interstate) just under 5 acres are listed at $89,000 and this includes the well.
If you want to live 15-35 miles from town, you can pickup 40 acres of land from $16,000-$40,000 if its not irrigated or adjacent to public lands. Irrigated cropland runs $2500-$4500 per acre and most places have a 40 acre minimum for housing. Sometimes you can get away with 5 acres, just depends on where you are.
This is info from SE Idaho, specifically around Pocatello.
eelgrass
Long Time Member
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- 31,503
Real estate prices are through the roof in northern Kali. My place is now paid for!!!!!
I don't know how young people can afford a house today. In fact I just heard today on the radio that only 19% of people living in this County can afford to buy a medium priced home. It was 47% just 10 years ago.
I think the next time I move it will be in a pine box!
Eel
I don't know how young people can afford a house today. In fact I just heard today on the radio that only 19% of people living in this County can afford to buy a medium priced home. It was 47% just 10 years ago.I think the next time I move it will be in a pine box!
Eel
D
DallanC
Guest
$375,000 per HALF acre of dirt only, nothing else. $750,000 per full acre. Central Utah. I'd bury myself in a lifetime of debt if I could find an acre or two near me for under 200k!
-DallanC
-DallanC
woodruffhunter
Long Time Member
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- 3,690
I cannot believe those prices. I truly feel sorry for people
who have to pay these prices. No wonder so many people are going bankrupt.
who have to pay these prices. No wonder so many people are going bankrupt.
Eel, it feels good to have it paid off dont it? We paid ours off a couple of years ago. Propery around here goes for about 30 grand on up per acre for dirt and scotch broom. 12 years ago I paid 48 gs for 5 1/2 acres, fully fenced with 5 strand barbed wire, well and septic. The prices are getting ready to explode with town getting closer. On the other hand I just paid $400 and acre for 120 nudged up against NATL forrest with a cabin, water, electric every thing. But that is 400 miles away in the MT's of Eastern WA. Well actually, we close at the end of next month.
Eric
Ultra liberal, wolf loving, illiterate, gay, hippie midgets on crack piss me off!!!!
Eric
Ultra liberal, wolf loving, illiterate, gay, hippie midgets on crack piss me off!!!!
I currently live on a postage stamp, something like 1/12th of an acre and I can throw a rock on a vacant lot from here that is well under a quarter acre for $145,000 but want to buy a full acre in the area. Not going to happen unless a long lost billionaire uncle dies.
On the other hand I went in with the in-laws on 2 acres and a house that border wilderness, the Missouri and Holter lake. It is a couple hours away which is a long enough distance that makes it feel like you got out of the house. Lots of fishing, hunting, hiking you name it, I love it. I just need a boat. It's just depressing to know that my wages will never keep up with the rising cost of housing.
On the other hand I went in with the in-laws on 2 acres and a house that border wilderness, the Missouri and Holter lake. It is a couple hours away which is a long enough distance that makes it feel like you got out of the house. Lots of fishing, hunting, hiking you name it, I love it. I just need a boat. It's just depressing to know that my wages will never keep up with the rising cost of housing.
Man, you dudes are makeing me feel a whole lot less
sorry for myself than I was. But, I'll get over it and
go back. I live in a small (and I mean small) town in
Central Texas. After living on a Ranch for 400 years, I
moved to town. We live next to some of the best human-being's
you've ever been around. Bar-None. I gave 61g for this house.
Got 1 acre. Love it. Neighbors have two, half which is a garden
so summer is pretty much BBQ, Beer, and Good veg's.
I like good people, no matter what, and these folk's are that
and then some. Lots of other good folk around. D.K. you know
who you are........
fyi
lrv
'
sorry for myself than I was. But, I'll get over it and
go back. I live in a small (and I mean small) town in
Central Texas. After living on a Ranch for 400 years, I
moved to town. We live next to some of the best human-being's
you've ever been around. Bar-None. I gave 61g for this house.
Got 1 acre. Love it. Neighbors have two, half which is a garden
so summer is pretty much BBQ, Beer, and Good veg's.
I like good people, no matter what, and these folk's are that
and then some. Lots of other good folk around. D.K. you know
who you are........
fyi
lrv
'
Forthewall
Long Time Member
- Messages
- 3,327
Well,
I don't know if it's good or bad but I would say a residential 1 acre lot with all the hook-ups/pad in the S.F. Bay Area, within 10 miles of my house 1.2 - 1.8 million.
It's good if you bought in pre 1997 or if you have a 250k a year income. Bad if you make $ 60,000.00 or less.
I don't know if it's good or bad but I would say a residential 1 acre lot with all the hook-ups/pad in the S.F. Bay Area, within 10 miles of my house 1.2 - 1.8 million.
It's good if you bought in pre 1997 or if you have a 250k a year income. Bad if you make $ 60,000.00 or less.
Haven't checked lately, but around here before to buy ONE ACRE of bare land, NO UTILITIES was around $750,000.00
There's is a PRIVATE CHAMPIONSHIP GOLF COURSE not more that 2 miles from where I live, membership is 1 MILLION DOLLARS plus a yearly dues of $100,000.00
The housing market has taken a dive but the prices are still high, but some deals are available.
eelgrass,
Stay in your house and stock pile some Kiln Dry Redwood for your casket, don't use Pine. LOL
Brian
I'm going the Cremated way and have my ashes scattered all over the Western States, that is the only way I will be able to "reside" there.
There's is a PRIVATE CHAMPIONSHIP GOLF COURSE not more that 2 miles from where I live, membership is 1 MILLION DOLLARS plus a yearly dues of $100,000.00
The housing market has taken a dive but the prices are still high, but some deals are available.
eelgrass,
Stay in your house and stock pile some Kiln Dry Redwood for your casket, don't use Pine. LOL
Brian
I'm going the Cremated way and have my ashes scattered all over the Western States, that is the only way I will be able to "reside" there.
LAST EDITED ON Feb-23-07 AT 09:30AM (MST)[p]Building lots w/in 10 miles of my place are going for between 20-50k for an acre right now. My neighbors gave 25k (to the lady's own SISTER) for their not-quite-full-acre lot.
I gave 69k for my whole place 4 years ago (almost a full acre) and it appraises now for about 130k. With the oil boom here in the Basin, property is going way up.
I did find some pretty good priced places though.....
There is a 10 acre site for 149k so I'm wondering what all is wrong with it. Probably not great soil and lots of sagebrush and cedars.
"10 acre home site with mountain view, pasture land for the horses and 5 shares of water. This parcel of land has a paved frontage roan and an abundant array of wildlife." (this is right next to Indian land)
There is another 10 acre lot for 149k too....
Fully fenced property with view of mountains. This horse property has 21 shares of pressurized irrigation water and a spring that flows year round. Mature trees and stream on property.
I gave 69k for my whole place 4 years ago (almost a full acre) and it appraises now for about 130k. With the oil boom here in the Basin, property is going way up.
I did find some pretty good priced places though.....
There is a 10 acre site for 149k so I'm wondering what all is wrong with it. Probably not great soil and lots of sagebrush and cedars.
"10 acre home site with mountain view, pasture land for the horses and 5 shares of water. This parcel of land has a paved frontage roan and an abundant array of wildlife." (this is right next to Indian land)
There is another 10 acre lot for 149k too....
Fully fenced property with view of mountains. This horse property has 21 shares of pressurized irrigation water and a spring that flows year round. Mature trees and stream on property.
Gator,
The land that is close to town doesn't have any trees, its generally farmland that is being subdivided. You can pickup land that is old dryfarm now in CRP for $500-$1000/ac. These parcels would have "patches" of aspens in the fields.
There are a couple areas just outside town that are treed. These lots are $10,000-$20,000 per acre.
I know of several 40 acre parcels for sale that are tree covered (pines & aspens)and border USFS land, for at least 1/4 mile on each parcel. These are $60,000 each or $1500/ac. I don't think there is power to them and you would need to drill a well and have a septic tank. These parcels are app. 30-40 miles south of town.
The land that is close to town doesn't have any trees, its generally farmland that is being subdivided. You can pickup land that is old dryfarm now in CRP for $500-$1000/ac. These parcels would have "patches" of aspens in the fields.
There are a couple areas just outside town that are treed. These lots are $10,000-$20,000 per acre.
I know of several 40 acre parcels for sale that are tree covered (pines & aspens)and border USFS land, for at least 1/4 mile on each parcel. These are $60,000 each or $1500/ac. I don't think there is power to them and you would need to drill a well and have a septic tank. These parcels are app. 30-40 miles south of town.
J
JACKELOPE
Guest
My place in western wa is a postage stamp piece of land...6500sq ft of dirt with a 11 yr old 1500 sq ft house on it that is worth around $375k and i'm in the cheap area. my buddy and his fiance are looking for a first home around here and they have a price range of 300-400k and can't find anything. really sucks. young people are screwed out of buying houses. now the big thing going on is rental apartments are being bought up, the residents are getting kicked out and they're being sold as condos...tough deal.
C
ClorideRUS
Guest
Land values?
I am a lifelong resident of Southern Utah. I've seen land values go from crazy to ridiculous. I bought 20 acres for $1500.00 an acre 25 years ago. Sold it for $25,000.00 an acre, and have regretted it ever since. Luckily, I still have a little property to enjoy. I have a little farm with enough alfalfa to feed a few cows and a little meadow on the Sevier River that looks right up on Mt. Dutton. What's my point?
Don?t sell!! Keep every inch of land you can get your hands on. It's priceless. Hopefully, I can have some land left for my Kids and Grand Kids.
RUS
I am a lifelong resident of Southern Utah. I've seen land values go from crazy to ridiculous. I bought 20 acres for $1500.00 an acre 25 years ago. Sold it for $25,000.00 an acre, and have regretted it ever since. Luckily, I still have a little property to enjoy. I have a little farm with enough alfalfa to feed a few cows and a little meadow on the Sevier River that looks right up on Mt. Dutton. What's my point?
Don?t sell!! Keep every inch of land you can get your hands on. It's priceless. Hopefully, I can have some land left for my Kids and Grand Kids.
RUS
D
ddy58
Guest
A half acre dirt cheap lot in my area 250,000
A decent 3/4 acre lot 400,000
A steep crappy 1/4 acre near the lake 1,200,000
The price on my 7 acres keeps going up
A decent 3/4 acre lot 400,000
A steep crappy 1/4 acre near the lake 1,200,000
The price on my 7 acres keeps going up
CAelknuts
Moderator
- Messages
- 3,825
Lots around our area go from anywhere from about $350,000.00 for 1/3 acre up to 1.3 million for an acre in a gated subdivision about 1/2 mile from where we live. By the time you pay the $60,000.00+ for your building permit and put a house on it that justifies the cost of the lot, you have houses that range from $1,000,000.00-$3,000,000.00. I thought I was getting ripped off when I paid $57,000.00 for my lot back in 1984. Now, I wish I'd purchased the whole street of lots.
It's gotten ridiculous, but I guess that's good since I am a construction and mortgage lender.
It's gotten ridiculous, but I guess that's good since I am a construction and mortgage lender.
T
turdherder
Guest
Around 10k here in south west Wyoming depending how close to town it is. I haven't seen one for sale for quite a while though, we have the oil boom going on here and that makes a huge difference. My grandpa always said that they don't make more land so hold on to what you've got. Right now I would kill or highly maim someone for an acre outside of Jackson, but the billionaires are pushing out the millionaires there so I'll just keep hoping I'll hit the Powerball.
feddoc
Long Time Member
- Messages
- 7,254
About 30K -45K or so for a one acre lot with power. I live a few miles east of Carson City, NV. MUCH more expensive if you live closer to town. Lucky for me our 15 or so acre place is paid for. Gonna look even better when more of a new freeway is completed.
Where I want to move in CO has 40 acre lots, with nothing and in the valley, for about 17-25K.
Where I want to move in CO has 40 acre lots, with nothing and in the valley, for about 17-25K.
C
ClorideRUS
Guest
I hear Ya! I'm trying to talk my Wife into North West Nevada. I honestly believe it's the last stand!!!
RUS
RUS
