What is going to be the tell of the tape is what the CMV is on the property. this is the job of the listing agent.

many agents, when confronted with a buyer who thinks his land is worth more than it is (I am not describing this property) will take a listing at the price the landowner wants rather than trying to advise him on a asking price based upon reserch of recently sold properties. all the property is going to do at that time is serve as bait to get calls and then flip buyers to properties that are priced in line.

Again, I'm not describing this property, I haven't seen it or its location. if it is in far eastern edwards county, off hwy 41, its going to bring a higher price per acre than stuff around barksdale or carta valley.

BTW captain, I am a farm and ranch real estate agent, currently working on getting my brokers license

Land is worth what a person is willing to pay for. Does not matter what other land around you is selling for, really. We have bought 4 tracts over the past 1-2 years in SW Edwards county and it ranged between 900-1057 an acre, depending on what the owners (previous) wanted for that tract and how badly they wanted to sell it.

Since then, we have added electricity, a cabin, and rainwater collection.

Still, we would be hard pressed to sell it for $2000 an acre right now unless you add in the fact we have some really good neighbors, and a turn-key operation... i.e. pens around the feeders, nice comfy stands with padded bench seats etc for us older and less 'rugged-inclined' folks

As was stated, I talk almost daily with real estate folks in the area as a lot of people I know out there are either trying to buy or trying to sell and, frankly, on any given day someone might walk into the office and offer more or less than what the asking price is or the value.

My suggestion is, do your research, and then quietly PM folks on here that own or lease or sell land down there and be respectful not to mess with anyone's sale.

Again, jmo.. but a man has a right to ask any price he wants and buyer beware.

R

In most cases, land is worth what the bank appraises it at.

There have been some places sell for outrageous asking prices, but they have something that typical places dont (lodging,location, big water,live water,etc)

A guy isn't going to walk into a office and offer more than asking price in today's market, I can assure you.

We have sold some properties at top dollar recently, and to the individual purchasing them, it was worth paying for. But in every instance, there was something about the property that was very unique.

As an owner, you certainly have the right to ask whatever you want for it, but if it's high be prepared for it to sit on the market.

In a county like Edwards, where a lot of property changes hands, it's pretty easy to get a bead on what the current market value is of like type properties

agreed. Just PM folks on here that own land or sell land in that area and we will give you our thoughts without disrupting the OPs sale.

R

Reduced to $130,000.