I see a 2 acre piece of property for sale on yahoo real estate that looks reasonably priced and is ready for utilities. I'm just wondering if this is a good investment to make now for my future. I know that property/real estate is usually a safe investment....Any opinions on this are welcome.
2007-06-10 04:36:01 · 2 answers · asked by serialmom12 5 in Business & Finance ➔ Renting & Real Estate
Just remember that a reasonably priced piece of property in upstate ny is less expensive than a piece of property downstate. Just make sure you know this when you look at the property... compare the price to similar pieces in the same region. Also what utilities are it ready for? It may not be sewer ready... you may need a septic if it's out in the country. I say if it's your dream to retire in upstate and you found the land that you want and like...then go for it. I'm an upstater and I love it here.
2007-06-13 06:34:09 · answer #1 · answered by Jason 2 · 0⤊ 0⤋
You should visit the property and also talk to a realtor. When you say "ready for utilities" what do you mean? Does it have public water, sewer, phone lines, etc? Have you ever lived in upstate New York? They do have cold and snowy winters there...
2007-06-10 04:39:37 · answer #2 · answered by hottotrot1_usa 7 · 0⤊ 0⤋