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01-22-2008, 02:02 PM
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Junior Member
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Join Date: Nov 2007
Location: Clermont, FL
7 posts, read 6,351 times
Reputation: 11
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Buying Land
With how the real estate prices are right now, I was thinking of purchasing some land in Michigan to later build on in a few years. Looking for 2-3 acre's in south/middle Michigan.
Hows the prices for the land up there? I'm sure they're not falling like the house prices, but how much are they dropping?
Thanks.  |
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01-24-2008, 01:14 PM
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Junior Member
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Join Date: Nov 2007
Location: Clermont, FL
7 posts, read 6,351 times
Reputation: 11
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No one knows? |
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01-24-2008, 01:35 PM
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Trolls hate me.
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Join Date: Jul 2007
Location: West Michigan
7,532 posts, read 5,034,784 times
Reputation: 7998
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Best bet would be a realty site, not the word of complete strangers. I would try Realtor.com or any site that links to the Michigan MLS.
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01-24-2008, 04:52 PM
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Senior Member
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Join Date: Jan 2007
284 posts, read 382,456 times
Reputation: 93
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Actually, land prices have fallen more than house prices. Always exceptions, but that's the general rule. You might find land for half what it went for three years ago. Good luck.
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01-24-2008, 05:24 PM
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Senior Member
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Join Date: Jun 2007
Location: Kalamazoo, MI
153 posts, read 129,432 times
Reputation: 62
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Well this is in Mattawan Michigan (Kalamazoo is the big city close by), but my parents have sold 2 parcels of land recently. One was a 10 acre piece which went for $12,000 an acre and then a 20 acre piece which went for $10,000 an acre. I would just check the local Realtor, or depending on where your located, drive around and check out where you would like to purchase land.
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01-24-2008, 08:42 PM
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Junior Member
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Join Date: Jan 2008
2 posts, read 2,419 times
Reputation: 10
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I would not give 2000 and acre in Michigan, you are only asking for a butt reaming.
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01-24-2008, 08:55 PM
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Senior Member
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Join Date: Jun 2007
4,429 posts, read 2,575,841 times
Reputation: 1479
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It is going for about $3000 around me. I will buy. Just not yet. I am watching one 80 and one 100 acre piece.
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