Large Acreage For Sale = Land Investments! – February 2009
Large Acreage For Sale = Land Investments!
“Buy Land – and Do It Now!”
The past 24 months have been a doozy! In the land business, 2007 began with increasing prices – that only went higher as the year passed. By the end of 2007, the stock market was unstable, and gas prices shot up as 2008 began. Jobs were lost, and consumers scaled back their spending.
If you’re over 40, you’re also probably aware that our economy runs in cycles – expansion, prosperity, recession, depression. You may have already experienced several recessionary periods. They’re not fun to experience, but they do present opportunities not available during more prosperous times.
If you find, despite the general downturn in business activity, that you have fared well financially over the past several years, be aware that this is the time to seek out opportunities in real estate. Having experienced 5 recessions in real estate myself, it is clear to me that there is no better time to buy land.
Consider the possibilities. In early January, one of our sellers reduced her price on 101 acres from $1,210,000 to $399,000. We broadcasted the price reduction to over 1800 prospective buyers. Six called, and two of them asked to see the property immediately. Both made cash offers on the spot, and one bought it within 24 hours.
Because we provide accurate market information and advice to our sellers, Mountain Land Company consistently offers large land tracts at prices well below the average of all other companies. As of December 18, the average asking price in Wilkes County was $7,169 per acre for parcels over 50 acres. At the same time, the average asking price for properties listed with Mountain Land Company was $4,828/acre – a full 33% below the rest of the market. While the average asking price for large tracts in Ashe, Avery, Watauga and Wilkes was $15,393/acre, Mountain Land Company averaged just $7,216/acre – 53.2% lower than the rest of the market.
Opportunity is knocking – but it won’t last forever! Knock on our door soon to learn more. Make your dollars grow in the new economy – buy land – and do it now!
Paul Christian Breden
Managing Broker/Owner
800-849-9225
We want to hear from you! Email Paul with questions, comments, suggestions or just to share your story about why you love the mountains!
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 FREE 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.
If you would like to be added to our mailing list or to request property brochures, click the big red “First Time Visitor” button on the top right. We’ll keep you posted on any new properties, price reductions and much more. Please note, we do not sell or share your information – it is kept private and confidential.







