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Updated over 10 years ago on . Most recent reply

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6
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2
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Michael Molnar
  • Bellevue, WA
2
Votes |
6
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Cheap Land, What's the Catch?

Michael Molnar
  • Bellevue, WA
Posted

I live in Washington State and am looking for some land for recreation purposes and, possibly, build a VRBO in the future. With the varied landscapes in Washington, we have many options. Primarily, I am looking at either something at the ocean, or on a lake or riverfront in the mountains.

Browsing real estate sites, I'm seeing what seem like great deals - e.g. 5-15 acre lots for under $50K. Some of these properties have been listed for months and even years. Some of these are surrounded by $1M homes. Which makes me ask, what's the catch?

Being new to REI, can anyone give me any advice on what I should be looking for?

Most Popular Reply

User Stats

181
Posts
81
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George C.
  • Involved In Real Estate
  • My City, NJ
81
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181
Posts
George C.
  • Involved In Real Estate
  • My City, NJ
Replied

Most likely they are unbuildable due to zoning, too small, sloped too steep, wetlands issues. There is usually a good reason, but worth looking into and learning about.

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