Next door lot sold in '05 for $88,000 for 3 acres. Owner is selling now, and wants $110,000. No views, woode

Susan
Home Buyer
Saranac Lake, NY

There are no improvements, it is semi-cleared. Much of it is hillside. Worth what he is asking given recent real estate trends?
Saranac Lake property

Answers (1)
Bill Eckler-Flo...
Agent
Venice, FL
FIRST ANSWER

Susan,

There are pockets in the country that are not experiencing downward trends in real estate value.....you have found one. This location is hot and values are appreciating....probably because the location still has appeal beyond the current trend.......your interest may serve as proof.

Good luck,
The "Eckler Team"

Sat Sep 6 2008, 07:22

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

Search Advice & Opinions

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 7
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback