I wasn't trying to gain attention or leave such a vague questions.. I know its all about location.. its just a mental thing for me. When i first starting looking, land was 8-10k/acre.. now the same area is going to 25k+/acre.. its hard to wrap my head around the idea.
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Originally posted by hully1029 View PostI wasn't trying to gain attention or leave such a vague questions.. I know its all about location.. its just a mental thing for me. When i first starting looking, land was 8-10k/acre.. now the same area is going to 25k+/acre.. its hard to wrap my head around the idea.
Yep. Land is something they ain't making anymore of.
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Originally posted by AntlerCollector View PostYep. Land is something they ain't making anymore of.
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Originally posted by hully1029 View PostI wasn't trying to gain attention or leave such a vague questions.. I know its all about location.. its just a mental thing for me. When i first starting looking, land was 8-10k/acre.. now the same area is going to 25k+/acre.. its hard to wrap my head around the idea.
I just bought an acre for 145k in Baton Rouge. 7 years ago I bought my .20 acre lot for 60k. I happen to know the investor and developer for a new neighborhood and they called me asking if I would be willing to buy the last acre they needed to square of their neighborhood for 145k and sell them back .17 acres for 25k.
The part I sold them was pointless because it was 50 foot wide and I already have 400 plus feet behind the house as a buffer to the neighborhood.
Long story short my buddy bought the lot next to his for 60k 10 years ago and it’s work 100 to 115 now.
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Originally posted by junkmanhunter View PostIf you want to start a meth lab, that would be the going rate.
Pottsboro, it better be on the lake or in a gated community
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For that kind of money, I would not want more than a half acre. You can't buy enough to do anything with, and keeping three acres up is a real time burner. When we were looking at land nearly thirty years ago, it quickly became obvious that we could buy ten acres close to town for the same money that we could buy fifty or even a hundred acres for twenty miles out of town. We were living on an acreage at the time and it was working me to death. We ended up getting a quarter section and a lot more free time.
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