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homestead - Re: [Homestead] land prices!

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  • From: Gene GeRue <genegerue AT ruralize.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] land prices!
  • Date: Sun, 06 Nov 2005 18:33:44 -0600


They had a land auction Friday for 700 acres of land on hwy 101,
zoned for commercial and housing. It was sold by the courts when
someone didn't pay for it, the original lender bought it for just
over $25K an acre... an acre!

Rob, I have recently seen land sold for housing developments for well over a hundred thousand dollars per acre.






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