BEST ANSWER
FIRST ANSWER
Before I give you an answer it is necessary that, as a professional I point out this CRITICAL fact about land, there is no easy way to say what one acre of land is going to cost based on an address. There are large amounts of data that needs to be collected, researched, and reviewed in regards to any one property. Here is a list of some of the questions I would need answers to before ever giving an accurate estimate.
- Location, Where in Marysville is the property located?
- Zoning, what is the current zoning for the property?
- Can it be subdivided? This is more than just zoning; there is a mountain of challenges in successfully completing a subdivision.
- If it CAN be subdivided, how long are you willing to wait to get your money? Are you willing to do some of the work with county/city to make more or would you rather pass the work to a developer?
- Topography, Is it flat, sloped, or a mixture?
- Wet or dry?
- can it be built on?
- Does it have access?
- What work has been completed already? Septic, Sewers, Well, public water?
- Are there any moratoriums against the area for new construction?
- if septic, does the land perk? If sewer, can you connect right now?
- Are there any structures on the property that would need to be removed? Is there anything underground?
- Are there any easements? Is there access directly to the county maintained road or across another property?
These are just SOME of the questions you MUST find out. There are usually others, depending on the conditions of each property.
The lowest price for one acre could be as low as $15,000(or even lower sometimes) or as much as $700,000 or higher in rare cases. The best way to know how much your specific lot will be worth is to contact a professional real estate agent. I have seen where a property owner will sell their land for less not knowing what the lots true value is. Also on the reverse side, I have seen other sellers overprice their property, believing it is worth so much more then it really is, never being able to get it sold.
My advice, call a professional real estate agent. This will, if nothing else, give you a much more accurate value of your property. Then if you do decide to sell, use an agent! Land is just to complex to go it alone.
Thu Oct 25 2007, 00:09