Finding Cheap Rural and Extremely Rural Land in the Northeast (farmland, lake)
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I am interested in finding acreage in the northeast, specifically places like Maine, New Hampshire, and Vermont. Mountainous and forested land are preferred. Any ideas where I can find it for under $1,000 an acre?
I am interested in finding acreage in the northeast, specifically places like Maine, New Hampshire, and Vermont. Mountainous and forested land are preferred. Any ideas where I can find it for under $1,000 an acre?
Forest Beekeeper will probably be along to tell you about Maine. From my understanding, Maine has some cheaper land in the Unincorporated Territories (and Maine supposedly has more unincorporated areas than most, or all, states on the east coast.) You could probably find some land for under $1,000 in this region.
In NH, "acreage" is not as expensive as some people will tell you. I've followed the prices of land in the state for years, and it's not vacant land/acreage which is expensive. When people talk about property prices in the state, they are usually talking about land with houses on it. That's a rather different market. My observation is that under $1,000 is a little on the cheap side for NH, for acreage.
I have indeed seen land listed many times for that kind of price, but usually it is much bigger blocks of land, like 120 - 1,000 plus acres. If you want land more in the range of 10 acres to 120 acres, $1,200/acre (min) to $1,700/acre seems to be a much more common price.
For smaller plots in the 10 - 20 acre range, it even tends to be in the $1,500 - $2,500 an acre range.... but I've seen plenty of "exceptions to the rule," where I saw nice properties for cheaper around the $1k'ish mark. But to find them takes a lot of searching, and the right timing to stumble along the right thing.
My observation is that Vermont is a little more expensive than NH, as far as acreage goes (25 percent more, by rough observation.... though I don' follow the VT market as closely as I do the NH market). Some of the nicest properties I've ever seen listed on the sites have been in VT, but the prices were a bit out of my range of consideration.
landsofamerica.com, and landwatch.com are my two favorite listing sites. The menu system on these sites is very good and seems to be particularly oriented for "land" searches, moreso than house searching. It really lets you pin things down and sort them by maximum acreage, minimum acreage , type of acreage (mountain, stream, lake front, farmland, etc..), types of activities you like, and then you can put price caps on it to keep the listing from returning excess results for things you can't afford...
I saw land for only $600 an acre in NH not long ago. It was for a 1200 acre mountain parcel.. virgin land... not timber cut. I think it was actually part of a park that was being sold off, for some reason.
What a deal that would be. Some people pay that amount for a house. 1200 acres, that's practically the size of a small town. Well beyond my budget, though.
Anyway, the point was, they do actually sell land cheap (much less than 1k an acre.).... it's really a matter of doing a LOT of looking around, being patient, and perhaps a bit of luck stumbling across the right find at the right time.
FTA, Do let me in on this pleeeease...... The same thing for 10 acers+ or so would fit my style. Here I am thinking it's $15,000 per, no matter what. Some class 6 road access might be nice. Say North of Rt 2 in NH.
I will start looking to, but hints on how to would be welcomed.
FTA, Do let me in on this pleeeease...... The same thing for 10 acers+ or so would fit my style. Here I am thinking it's $15,000 per, no matter what. Some class 6 road access might be nice. Say North of Rt 2 in NH.
I will start looking to, but hints on how to would be welcomed.
Don't know what's available lately, haven't looked in the last six months, but will look later and post a few samples properties and their web links, just to get an idea of what might be available if one pokes around online.
Northern Maine is your best bet for cheaper land. Vermont is mostly overpriced outside a few parts of the Northeast Kingdom (market in large part driven by out of state, non-resident buyers with money), Northern NH is between the two.
Smaller parcels almost always cost more per acre than big ones.
Just as a brief example of what could be found if one does some searches, here is some reasonably priced properties:
New Hampshire:
The pickings seem slim lately. Not as many cheap properties as I saw last year. There's definitely a few a few in the $1,000 per acre mark and less, but they are larger pieces of property, so it all depends how much money you have lying around.
I used to see a lot of 10 acre for $10k properties... which is nice for those on a budget, but have not seen many of those this time.
99 acres - $76k ($763 an acre) Hall Stream Rd. Pittsburg
Nice area, VERY remote. Up by the Canadian border.
Also look for properties by Indian Stream Rd. (close to Hall Stream Rd.), if you ever really want to live in the boonies.
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14.7 acres for $39.7k up in Pittzburg (Coos County). Very nice, very isolated up there. Property seems appealing. Little on the expensive side.
Nice pond, artesian well, snowmobile trail access....
Maine seems to have a lot more smaller and more affordable properties in the 10 - 30 acre range than NH does, for those whose budget is under $30k. These are just a few that struck my fancy. There were plenty of cheaper ones than these.
Likewise, there is no shortage of smaller properties. If you only have $1,000, $2,5000, $5,000.... no problem..... there are 1/2 acre to 8 acre properties for that price range, as well.
12 acres - $17.275k
Like dense forests and want a brook on your property? This one might do it. Gravel road. No power, if you like the idea of being off-grid. http://www.landwatch.com/Penobscot-C.../pid/118482408
17 acres - $25k ($1470 an acre) 500 feet of stream frontage and old "fix-r-upper" log cabin on the property.
Nice old cabin. I don't know how beyond repair it is, but that sure looks like it could bbe a fun project restoring it.
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98 acres - $70k ($714 an acre)
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75 acres - $75k ($1k an acre)
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11 acres - $17k down a dirt road ($1500 an acre)
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51 acres - 25.8k ($500 an acre!)
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16 acres - $28k ($1750 an acre)
Very nice and new looking small cabin for additional $15k
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20 acres - 29k
Fairly open land. Might be good for farming.
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37 acres - $37k
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40 acres - $39k
Looks fairly quiet - dirt road
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60 acres - $30k ($500 an acre)
hunting property. No pics. I don't know why rel estate sites do that. Who the hell even considers a property with no pics. 99.9999 people see it and go. *NOPE* *CLICK* (close page - looks at another listing).
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25 acres - $49.5k
Exceptional, 25+ acre land listing – direct frontage on Town Street. Gorgeous trails to highest elevations with jaw-dropping views and pristine meadows. There is a small pond located on the property with an active spring in the woods and a small rustic cabin with a drilled well.
Lots of wildlife flourish amongst the beautiful pine plantation. Property also features nice, healthy hardwoods – perfect spot for a “get away” cabin or that “dream home” you’ve been waiting for.
Lots of walking trails throughout. Great snowmobiling and ATVing nearby.
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Last edited by Yac; 11-08-2011 at 05:56 AM..
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