U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Tennessee > Memphis
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
Unread 08-03-2008, 12:11 AM
4 posts, read 16,246 times
Reputation: 10
Default Hardeman County TN

I co-inherited 125 acres in Hardeman County, (city of Saulsbury) TN. She had it appraised in 2004 at $176,000.00. Now she is saying it was a 'high' appraisal and is really only worth $60,000.00. She wants to buy out some of all of my 1/2 of the land. I am of course going to have a new current appraisal done, but meanwhile, does anyone know what this land might be worth? I've been looking at other properties online listed nearby, and most are going for about $1,300.00 per acre. Does that make sense? I think it's mainly hunting land, used to have mature timber, but my late Father's wicked widow pillaged all of it some years back.
Any help is greatly appreciated!
Thank you!
Reply With Quote Quick reply to this message

Unread 08-03-2008, 06:01 AM
232 posts, read 556,570 times
Reputation: 73
I am an avid hunter and my land that I hunt is in Saulsbury, right off Sain Road. The value of the land is variable; is there a house or other structures, how old is the timber--it may be worth a lot, is power and utilities available are there fields that would qualify for CRP, any farm value, hunting rights and so on.

I know the land (just the land and it will not support row-crops) is worth at least $1500.00 per acre, more like $2000.00, 1300 seems low.

Contact some of the realtors who have the listings you are looking at for an evaluation. Take the average to your sister and see if you can work out a compromise that works for you both.

For $60k, i'll write you a check today! Or tell her you will give her $75,000 for the land, see how her tune changes. Whatever lowball amount she gives you, offer it to her, you will see the price go up and up.--Seriously, you need an experience realtor. Try Banyan Tree or Richard Wallace.
Reply With Quote Quick reply to this message
Unread 08-07-2008, 05:30 PM
4 posts, read 16,246 times
Reputation: 10
Default Thank you for your advice Bowyer! :)


Thank you so so much for your reply - very intelligent, I think, great advice. We'll do. I am getting an appraisal this week - do you think that is a wise investment too?

Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.

Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Loading data...
Based on 2000-2011 data
Loading data...

Hide US histogram

Over $74,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Tennessee > Memphis
Similar Threads

All times are GMT -6. The time now is 03:27 PM.

2005-2014, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 - Top