LAND PRICES – CHEAP LAND? – February 2007

 Land Value – Who Sets Land Prices?

“Farm and Land Asking Prices - Set by Sellers” 

When buying mountain land – most buyers would agree that price is a major factor in the final decision.   If you’ve been looking for land during the past year, you’ve probably noticed that prices are rising.

Our North Carolina mountains have always been one of the “last best places” to relax and enjoy stress-free living.  Over the past year,  many new residents have chosen that lifestyle by moving to the mountains permanently.  Demand for large tracts has also increased substantially over that period.

Because there is always a limited supply of large parcels available for purchase, the demand last year put increasing pressure on property prices.  As a result, per acre prices have risen.  When you compare prices in the “northern” mountains to other mountain areas in the state however,  the pricing picture is still quite attractive.

The northern mountains are within a one to two and a half hour driving distance of all major North Carolina cities,   As a result, it is mostly North Carolina families who make large land purchases in our area.  Thus, even though demand and prices are up, the nature of local  growth here in the mountains is positive.   Our mountains remain one of the most beautiful and relaxing places to live in the Mid-Atlantic states.

So, what about prices?  They vary widely.  Prices per acre range from about $2,800 per acre up to over $10,000 per acre, with  many in the $4,000-5,000/acre range.  If you’ve considered owning a large parcel, the best place to start is by visiting our website at: http://www.mountains4sale.com    All of our properties are listed on this site, complete with aerial photos, topo maps, color photos,  prices, and details.

After looking around on our site, please call or Email for more information.  We will help you locate a property that fits your price requirements,and explain available financing sources.

Paul Christian Breden

Managing Broker

The purpose of Land Rush is to educate and inform you in such a way that, once you arrive here in the mountains, you’ll be prepared to make your purchase. If you haven’t already, please – before you come – take time to download our buyer’s guide – “Carolina Dreaming” – from our website. It’s short, easy to read, and will provide you with the basic information needed to make your trip a roaring success. For your free copy, go to:

www.ncmountainland.net/profile.html

Ready to come to the mountains? Call us at all reasonable hours, seven days a week, at 800/849-9225. Ask for Chris or Paul and we’ll set up a time and place convenient for you. We’ll take whatever time is required to help make your land ownership dreams come true!

“LAND RUSH ONLINE” ARCHIVE: CLICK HERE

BUYERS CHECKLIST: CLICK HERE