I finally found a decent piece of land that has some potential down here in the Greater Orlando area. I've determined that it's probably cheaper to build a house rather than gate raped on a run-down piece of junk.
I found something that's slightly larger than 1/4 acre (14000sqft), selling for $42k. Pricerange is in-line with several other lots around it that are slightly smaller (12ksqft going for $44k). However, this lot has an easement on it that makes the buildable area ~80x85. Now I can still put a decent sized house up on this size lot, and really I want a good sized yard...
But since the easement takes up about 2/3 of the lot, and it's priced in the same range as the other lots without easements, what are the odds that I can drop the price down significantly (like to $30k)? Or a better question would be what would be a REASONABLE offer?
I found something that's slightly larger than 1/4 acre (14000sqft), selling for $42k. Pricerange is in-line with several other lots around it that are slightly smaller (12ksqft going for $44k). However, this lot has an easement on it that makes the buildable area ~80x85. Now I can still put a decent sized house up on this size lot, and really I want a good sized yard...
But since the easement takes up about 2/3 of the lot, and it's priced in the same range as the other lots without easements, what are the odds that I can drop the price down significantly (like to $30k)? Or a better question would be what would be a REASONABLE offer?
Facebook
Twitter