Because the property is in the mountains and the only properties that are nearby are much smaller and have less land.

A 24 unit apartment nearby just got posted for sale.

As noted above, to analyze nearby short-term rentals, hop on Airbnb and VRBO to asses your competition and gauge nightly rates.

Especially from my area or nearby counties.

But if it’s cheap and a lot of cheap properties are nearby you might have a linear market. 

@Jason Matthews it's in Brooklyn so you'll tend to find everything fairly near by unless you're looking for something specific like a whole foods then you're looking at a 15-20 min drive, a 30-40 minute bus/train.Part of the deal already has approved plans attached so we based the construction pricing on that.

Should increase traffic nearby and help appreciation! 

I've recently been approached by land developers who want to buy my house and reno it into showroom/sales office for a new development near by (300 houses, commercial plaza and retirement home).

But overall, there is definitely demand for entry-level housing in these areas, with easy access to 94/12/59 for commuting and plenty of employers nearby.

I want to start out as prepared as I can be.I am currently hoping for some recommendations for a good and honest attorney near by.