Trulia Voices Real Estate Q&A in Lehigh Acres

Cabshm
Cabshm
Home Buyer
Arizona

wondering about buying lot for investiment or building on it in lehigh acres, fl. is it a good place?

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Del Prado Realty…
Del Prado Realty…
Real Estate Pro
Cape Coral
Sun Mar 23 2008, 10:59

You should buy a finished home in Cape Coral, this is the place to be

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Rose Wack
Rose Wack
Real Estate Pro
Fort Myers Real Estate...
Tue Mar 18 2008, 10:51

The prices may still come down a little, but it seems to be settled at this point. Are you planning on holding this land or building on it?

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Todd Hutcheson
Todd Hutcheson
Real Estate Pro
Orlando
Tue Mar 11 2008, 14:09

You should absolutely not build right now. It is way cheaper to buy a foreclosure home. Your lot is probably worth about 60% less or more than it was two years ago.
Good luck.

Web Reference: http://www.ibuyhomes.com
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Todd Hutcheson
Todd Hutcheson
Real Estate Pro
Orlando
Tue Mar 11 2008, 14:09

You should absolutely not build right now. It is way cheaper to buy a foreclosure home. Your lot is probably worth about 60% less or more than it was two years ago.
Good luck.

Web Reference: http://www.ibuyhomes.com
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Todd Hutcheson
Todd Hutcheson
Real Estate Pro
Orlando
Tue Mar 11 2008, 14:08

You should absolutely not build right now. It is way cheaper to buy a foreclosure home. Your lot is probably worth about 60% less or more than it was two years ago.
Good luck.

Web Reference: http://www.ibuyhomes.com
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John Giddens
John Giddens
Real Estate Pro
Lehigh Acres
Tue Mar 11 2008, 13:59

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Joshua Painter
Joshua Painter
Real Estate Pro
Cape Coral
Thu Jan 31 2008, 06:22

You can buy a lot in Lehigh for 5-10k. , at the peak of the market these lots were selling for 50K. You can buy a lot in CAPE CORAL for 15k at the peak of the market these were going for 100k. The land value has dropped more in Cape Coral so I feel that this is a better buy. Moreover, the waterfront lots are also dropping in value so if you are patient, you could buy a waterfront lot which may have more potential to give you a larger return on your investment. I respect your online privacy, So when you are serious about talking about your investment potential in this area, give me a call or check out this website.
Lets Make Money!

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Nancy Doyle
Nancy Doyle
Real Estate Pro
Cape Coral
Wed Jan 30 2008, 18:17

Hi Home Buyer from AZ, I lived in Surprise for a little bit. Lehigh reminds me of what is happening in Surprise right now. If your looking for lots as an investment ,you may want to look in Cape Coral. You can get great deals on lots. If your looking for a home to build, I would agree with the last response buy a resale home. I hope the traffic is not to bad on the 101 due to the superbowl!!
Good Luck to you,
Nancy

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Jesse McGreevy
Jesse McGreevy
Real Estate Pro
Estero
Wed Jan 30 2008, 17:48
FIRST ANSWER

It's a foreclosure nightmare out there. You may want to look at those rather than building. You cannot build for as cheap as you can buy right now. Unless you are building it with your own bare hands.

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Didn’t you find what you are looking for? Ask a question!

Check out more about Foreclosure in Lehigh Acres

Opinions on Lehigh Acres, Fl?
Answered Fri Nov 16 2007, 18:04 by Barbara Klare in Lehigh Acres
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