Roman Milford wrote:Land is not a homogenous commodity where there is a "fair" price for an acre. You get what you pay for.
When I was looking for my property here in Ontario, I had to avoid southern Ontario because good farmland was way overpriced, probably because it's all on the outskirts of a still-expanding subburban sprawl. I started looking north, and found either expensive cottage properties, or "recreational" land that was affordable but useless for farming. Most of it was uncleared and typically conifers only. Uncleared land will probably cost you more per acre to clear than the purchase price.
Finally found an ideal 80 acre property that was about half cleared, with a nice mixed woodlot, and most importantly, the soil was tested and identified and had a history of no chemical use. I paid an average of $2000/acre, which might seem like alot but my soil is a fertile sandy loam, and one of my neighbors runs an award-winning winery!
You usually get what you pay for.
I agree to a point in the area I live (blueridge mountains,north western NC)the most useless land is typically the most expensive because "it's pretty" also real estate agents take advantage of native and non-natives in different ways but as an example I am paying 12,000 for 16.5 acres of timber in prime development area less than .5 miles from the new river I could easily lot it off in 1 to.5 acre lots for 15,000 to 40,000 depending on where the buyer's are from so I guess Im trying to say not to show your hand to quickly when looking for land if you act or seem like you have money or aren't from the area be ready to find yourself paying way too much
Stop it! You're embarassing me! And you are embarrassing this tiny ad!