Bella Vista lots were originally marketed by Cooper and Cooper only. This didn't allow for any competition on price so the price was set much higher. The average lot was initially sold for closer to $10,000 which was considered a good deal when compared to other areas of the county. As some of the owners of lots changed their minds about building here for one reason or another and wanted to put their lots back on the market, Other Realtors were allowed to enter the market because 1)It is said, Cooper agents were not allowed to sell for anyone other than Cooper and 2) Owners of the lots could not be prohibited from using the Realtor of their choice to sell the lot. Orchestrating this arrangement took time so before long, the market was flooded with re-sale lots which pushed the price down.. At the height of the market, large investors were buying up every lot they could get their hands on in hopes of controlling the lot market like Cooper once did. However, when the market got soft, all those lots were dumped onto the market again due to the expense of taxes and POA Dues attached to each lot. This combined with the slow down in new construction due to the downturn of the market and the approximate cost of permits for new homes of $10,000 flooded the market again.. To this day we still have over 1,000 lots available on the market. I hope this answers your question, A good buildable lot can be purchased today for somewhere under $6,000.00 and is generally about 1/3 acre in size most with common space to at least one side of them. If you have further questions or wish to learn more about the Bella Vista market, please visit my website or contact me. I do specialize in the Bella Vista market.