5 million less than his original asking price (pictured)Listing Things To Know Before You Get This

And forty acres or larger. Year round road access, had power running right by, was not all swamp or butchered in the woods department. Include in a view, long road frontage that meant easy carving, splitting up for resale was possible and a greater per system Maine land acreage rate might be warranted.

Quantity and quality together on Maine land indicates the cost is greater. However even at $1000 an acre for the bigger Maine land properties, parcels the acreages are still way way under valued. Aroostook county, Northern Washington and Penobscot counties are sleeping giants for Maine land that can be purchased right.

You can not buy an acre of land for $1000 unless it has significant issues. Because it was never ever bank financed, not title searched to assemble all the successors to sign off. And the home lines are a big unknown. What lines? Or the Maineland will not soil test, support a septic tank and basically was traded for two pigs and a chicken.

That lacked the resources to run it through an attorney. To have a land lawyer in Maine correct title flaws of successors not signing off that are covert, lurking in the background. Poised, all set to raise their ugly head. This Is Cool -able, smaller sized Maine land lots expense you more to enter into the ball video game.

Who would purchase a piece of inexpensive, low cost Maine scrap home, awful land? If that is all you can afford, you take what you can get and try to improve. Make it much better with including drain, bringing in gravel. And including water, sewage system, power, energies as you can afford.