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06-18-2009, 01:51 AM
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Member
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Join Date: Jul 2007
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Land Values Going Up?
Hi,
Almost two years ago I bought 3 acres of beautiful wooded area in Overlook Pointe in Cookville, TN.
How are land prices these days?
Thanks.
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06-18-2009, 09:07 AM
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Chance favors the prepared mind.
Status:
"Government doesn't solve problems, it subsidizes them."
(set 1 day ago)
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Join Date: Nov 2006
Location: Knoxville, Tennessee
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Quote:
Originally Posted by reiki
Hi,
Almost two years ago I bought 3 acres of beautiful wooded area in Overlook Pointe in Cookville, TN.
How are land prices these days?
Thanks.
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I've seen a few new homes built in Overlook Pointe. It's a stunningly beautiful area, very hidden. I just stumbled upon it by accident a couple of months ago.
But since it's a very upscale development, I honestly can't imagine that the prices have gone up much in the last 2 years, if at all. While Cookeville is a popular relocation destination, it's not totally immune from a nationwide recession, unfortunately. |
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06-18-2009, 04:56 PM
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Senior Member
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"Back On Track And Feeling Good."
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Join Date: Feb 2007
Location: In Mike And Lisa World:)
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I did a search for you through County Records. Use this link and scroll down. I sorted the development by sale date. If you click on each property the size and sale price should come up. These are the properties that have sold.
http://www.assessment.state.tn.us/SelectCounty.asp
Sorry for some reason it won't let me direct link you. Go into the above link, put in Putnam county and Overlook in the subdivision section.
This will give you the list you are looking for.
Last edited by younglisa7; 06-18-2009 at 05:05 PM..
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06-18-2009, 07:53 PM
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Senior Member
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That's a nice resource. Despite the poor economy, my mom and sister's house in Telford has gone up.
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06-18-2009, 10:41 PM
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Real Estate Agent
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Join Date: Sep 2006
Location: Beautiful Fountain City-Knoxville, TN
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It doesn't have Knox County?
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06-25-2009, 02:09 PM
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Changing the world, one life at a time. HART
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"Blame the deed, not the breed - DANDRIDGE, TN WE DID IT!!!"
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Join Date: Mar 2006
Location: In the vet's office, spaying or neutering something!
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Based on market value, in the 3 years we've been here, the river front lots on the Caney Fork in Rock Island are holding steady about about the same price - $60k for an acre and about $75k for a 2 acre lot. The in land / farm land seems to have gained a bit of value. Was running about $3k an acre when we bought and went up to nearly $10k at it's peak, but looks like it's running in the $7k per acre range now.
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06-25-2009, 03:19 PM
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Senior Member
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Join Date: May 2009
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Land prices still going up, albeit slooooowly in Lincoln County (or, at least most of it) thanks to the growth in Huntsville, AL...
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06-25-2009, 08:48 PM
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Senior Member
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Quote:
Originally Posted by skinem
Land prices still going up, albeit slooooowly in Lincoln County (or, at least most of it) thanks to the growth in Huntsville, AL...
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I bought 40 acres for $1500/acre in 1996. Is worth at least 4X that now. |
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06-26-2009, 07:02 AM
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Senior Member
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Join Date: May 2009
978 posts, read 299,589 times
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Quote:
Originally Posted by jsherman9901
I bought 40 acres for $1500/acre in 1996. Is worth at least 4X that now.
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Yup, real estate has been good here for the last 20 years. Prices appreciated relatively rapidly here up until the last year-two years when the appreciation slowed. It's still going up, but slowly...and like many areas of the country, many properties are on the market quite a bit longer than they may have been just a couple of years ago. |
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