what are prices like where u guys are from ?? im from lancaster county Pa. was at an auction sat afternoon and they sold a lot ( might have been just a touch larger than a 1/4 acre ) $ 61,000. just a lot, no sewerhook up,no well..just grass......i about crapped myself. later, scott

 

You know what the three L's of real estate are don't you?<br>They all three rule every time.<br>I saw a small strip of sand go for $750k once.

 

It would not surprise me to see in the near future for land prices to drop dramaticaly. Like 20-40%.<br>There, how is that for sticking my neck out?

 

seems like everyweek they go up around here

 

Well, Dieselcrazy, I live in Chester County, PA (West Chester), and 2500 sq ft 30 year old split levels on a 1/4 acre are going for almost $300K here. As Chester County is becoming the &quot;new&quot; Philly Main Line, people are pushing farther out - into Lancaster County, hence, rising prices.

 

Just sold a 5 acre horse farmette with a 123 year old stone house and 4 stall new horse barn in Bechtelsville PA for $169900.00

 

My rental property: 3BR, 2 Bath, Brick/Block construction Split level that sold for $179K in 1993, was just appraised at $389K last year. (Yeah, Taxes are Killing me )
Small 3 BR brick Colonials in this area are selling for over $400K in less than a week.

 

Don't come around Sarasota and expect to get a lot (oh so small) on the bay for less than $1 mil. Canal front is $500K. A new house is going up on the gulf on Casey Key that is 38000 sf. It is just down the street from a &quot;small&quot; new house that is 14000 sf that sold for 8 million. Rediculous (sure wish I had owned it, then I would not think it was rediculous 8) 8) ). They buy 2 &quot;small&quot; older (like 70's) 4000 sf houses on the bay for 1.2 - 1.3 million each, bulldoze them, then build one 10,000 sf house on the two lots. Then, put it on the market for $6 million. Not bad.

 

hey shovel r u close to dc ??

 

I'm in what's called the Old Northeast part of Kansas City, where the houses are mostly from 70-110 years old or thereabouts. Our house was built in 1899, 3100 square feet. 4 1/2 years ago, we paid $43k for it. It was excellent structurally, but we've redone or replaced just about everything in the house in that time and we're about to find out what the bank thinks it's worth in the next few days for a refinance.

 

[quote author=dieselcrazy link=board=10;threadid=13253;start=0#124928 date=1049684162]<br>hey shovel r u close to dc ??<br>[/quote]<br><br>I live about 15 minutes West of DC, Inside the beltway.<br>I work in SW DC.