I have two peices of property in Oregon, and I want to find out how much the land is worth. One is 1 1/2 acres and the other is 1/2 an acre. There is nothing on the land, and they are both located near the Decutes River. Thanks.
2006-06-17 08:02:51 · 10 answers · asked by Rachel C 1 in Business & Finance ➔ Renting & Real Estate
Deschutes County Tax Assessor:
http://www.deschutes.org/index.cfm?objectId=836F545E-BDBD-57C1-91EC7EC87DBBD7EA
This will only let you look up the assessed taxable value of your land which is typically 80% or less of it's resalable value depending on property location, access and local demand.
2006-06-17 08:37:51 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I am a real estate agent in Alabama and have sold land in the Gulf Shores, Alabama area so maybe I can help you in some way there in Oregon.
First you want to find out how much land has been RECENTLY seeling for in that same area. Any real estate agent with access to a special Realtors(R) web site database can tell you that. They have the ability to search based on all sorts of criteria.
Also, there's a new web site called http://www.zillow.com that might help you.
Being near the water is definitely a plus.
Also, if they can be built upon Commercially that is a fastastic plus. Find out what the Zoning is for your property, and what the chances of it being Rezoned to commercial if that's what the buyer wants.
If it's residental only then you may be looking at anywhere from 70,000 to 100,000 for the acre and half and about 50,000 to 75,000 for the half acre.
Location is VERY IMPORTANT, the neighborhood if any and what is around the land. Is is close to town - that's good or is it way out in the woods - that's not as good.
2006-06-17 08:10:42 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Whatever you do, do not trust the estimates provided by websites such as zillow.com or bofa.com. The info that you will get will be based on loan info, not current market conditions. If you really want to know, call a Realtor and say that you are considering selling. The Realtor will be able to tell you what similar properties in your area have recently sold for or are currently listed at. It won't cost you any money, and you will at least have a good idea of the current market conditions.
2006-06-17 09:01:19 · answer #3 · answered by Sharingan 6 · 0⤊ 0⤋
Probably the same reason as it is in CA. We had a couple of superbowls in my city and THEN, people realized the value in a vastly unpopulated but urbanized city. Now we are overrun with industrial areas and metroplex housing. It's ridiculous. When I was in my mid twenties a basic two bedroom one bath went for about $450/mo or a 3bd house sold for about $150,000. Now that same exact two bed apt is $900.00/mo and that same house is $400,000. This has been this way for about 3-4 years, so this only took about four years to happen.
2016-05-19 23:02:06 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Review your most recent property tax bill. Depending upon your local clerk's information, the assessment may be on the bill. Alternatively, contact your county assessor, most likely through your local govt. listings in the phone book.
2006-06-17 08:10:57 · answer #5 · answered by Anonymous · 0⤊ 0⤋
what is worth and what you can get at the present time are two different matters, so i would look up what property has recently sold for in your area and how much alike is it to the property that you own
2006-06-17 08:07:14 · answer #6 · answered by the_positive_investor 1 · 0⤊ 0⤋
Ask (e-mail) a realtor in the area.
2006-06-17 08:06:24 · answer #7 · answered by zappa_dappa 2 · 0⤊ 0⤋
what u give for it....?ask neighbores there if they want to hook up with theirs
2006-06-17 08:06:52 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Rachel,,,
Try realtor.com..........that should help,,, do a little study on it...
2006-06-17 08:09:59 · answer #9 · answered by eejonesaux 6 · 0⤊ 0⤋
you will have to hire an appraiser
2006-06-17 08:06:32 · answer #10 · answered by K SHINE 4 · 0⤊ 0⤋