4 ms·
Farmland fetches $15,000-20,000 per acre around here. $1M sounds cheap, if the land is any good.
by randomdata 10y ago
Farmland fetches $15,000-20,000 per acre around here. $1M sounds cheap, if the land is any good.
- bhickey 10y agoUp in Vermont you can get timberland for $1-$3k acre. After you account for the lumber the dirt looks like it has negative value.
- someguydave 10y agoSure, raw land is a liability to a degree - folks could go and hurt themselves on it and sue you, etc.
- throwaway76543 10y agoTax liability as well. Holding land and doing nothing with it costs money.