How much should an acre of land cost with a well and septic?

Asked by Vonda Pannell, 21629 Wed Jul 18, 2007

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3
J Lo, Home Buyer, California Glory, Brentwood, CA
Wed Jul 18, 2007
Hi Vonda:
I saw your question and just had to answer! I have a client that just made an offer on a lot almost 2 acres with water and utilities already attached. The asking price was $39,900. Now mind you this is in Atlanta Metro area - but is was such a deal! She had been looking for over a year on her own and couldn't find anything.

The moral to this story is - she finally contacted an agent (moi!) and within a week we were making an offer... She knew what she wanted and I knew how to get it for her...

Contact an agent in your area - give your criteria and make sure you stipulate that you want property that has passed or will conduct a "percolation" test. In the absence of an active well - you want to know that water will flow. Make sure you get the land inspected and surveyed.

Price will be determined by the comparables in your area - but you may find a diamond in the rough that is just waiting for you!
1 vote
Evelyn Hunt, , Richmond, VA
Sat Jul 21, 2007
Normally, you don't have the well & septic until your building plans are known to determine what size is required. What you want to know is if a perk test has been done, to show that the property can support a septic system. Wells vary in cost depending on the depth required. Are you planning to build, or place a mobile home? Which area of central Virginia are you thinking of. Prices for an acre lot will depend on the county & distance from Richmond you are looking.
Evelyn Hunt
Web Reference:  http://www.HomesRichmond.com
0 votes
Danilo Bogda…, Agent, Reston, VA
Wed Jul 18, 2007
Vonda,

It all depends on the location and whether it has already has a perc or not. Would need more specifics and a more exact area/location to answer your question accurately.

Danilo
Web Reference:  http://www.loudounstats.com
0 votes
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