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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (11831)7/28/2003 10:57:43 PM
From: NeekaRead Replies (1) of 306849
 
Current price on one acre with one-acre-per-dwelling zoning in my zip code is around $1 million. My mental price on my half-acre lot (forget the house, although it is not necessarily small or a tear-down) is a minimum of $600K.

That would have to be Calif. or NY?

Where in the world do you live. 1 acre zoned property in beautiful Seattle is going for 100,000. to 300,000.

I've been expecting those kinds of prices to hit here eventually, but I think they are an anomaly.

M
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