Lambros Real Estate
Darwin Ernst, SRA
Darwin Ernst Appraisal Services, Inc.
Office Phone: 406-363-7008
Real Estate Agent, RRE-RBS-LIC-17046
Eickert Realty, LLC
The reality is that prices peaked in 2006 (according to the county assessor) and are still trending down - the Bitterroot market us powered by money out of California and Idaho, and this has almost stopped. If a seller is motivated and you can perform then you can name your price. Last year I bought 5 acres with great views to the east and west for $27,500. Some will say that I bought well but I think that I paid market. I believe that the market value is $5000 an acre plus a value for the home on it .......
Western Montana is farm land - for people to pretend otherwise is a fantasy. Yes.many have built nice homes but most properties have junked cars etc on them and dilapidated structures and unless the valley is cleaned up and it becomes the same kind of resort that Jackson Wyoming has become then it will always be valued a farm land.
There is no sign of recovery from the dizzy heights that Bitterroot land reached in the last decade - and I reckon that it still has a way to go.
But when I comare the total cost of building, etc., this area is economical and relatively safe in terms of political and geophyiscal risks.
Plus we are in an unusually mild microclimate zone within a generally mild climate zone of the Bitterrooot Valley.
A recent quote to complete a 5,500 sq ft house on our property (a second house) was around $250K
We are in the Stevensville-Victor area and have our 20-acres property for sale with very unusual terms, including lease-option.
Barbara Christ, Broker Owner
RE/MAX GOLD COUNTRY
Hamilton, Montana 59840