Determining Offer price

[Anthony Harris]

Hi All,

Hoping someone could provide some guidance on an issue I'm having. Trying to come up with an offer price for a property but I'm stuck as this house is a bit unique. It is sitting on 10 acres and can't see any houses that have recently sold in area with a comparable lot size.  I see where some homes have sold for $525,000 and $670,000 but nowhere near the lot size of my subject property. Seller isn't sure what property is worth but threw out a ballpark of $1,000,000 for price. So, I'm not sure where to begin. I appreciate any feedback! thanks!