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Updated about 12 years ago on . Most recent reply

User Stats

28
Posts
2
Votes
Jim Hamrick
  • Homeowner
  • Swansboro, NC
2
Votes |
28
Posts

discounting land with lots of issues

Jim Hamrick
  • Homeowner
  • Swansboro, NC
Posted

What kind of discount would one apply to land which has only a prescriptive easement, won't perc, half wetlands, has a derelict house and has city water but no sewer. I know :>) but it does have some good land for growing trees, a nice ephemeral pond and adds to my acreage (it ajoins my property). I'm thinking half of the tax assessment price for the land as an initial offer.

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