DH and I are looking for land to build a house on, and I can't believe the deal I found today. Under $25,000 for 10 acres with river frontage. I am trying to figure out why its so cheap though, I'm worried that it won't perk (have a well put in). For that price, its worth just buying for an investment property, even if we don't use it to build on!
Update: So Papa and I went to look at the property and its already been approved for perk. Apparently its so cheap because the owner died and his children are selling his property quickly. There's an adjoining property they are selling as well, but I'm not interested in a double wide. The property will have to be cleared a little bit for a house, but for that price I can do that! We found that the property is assessed at $80,000 so it would be worth it.