lot in arkansas

[PayrollHRGuy]

i have one next door neighbor - i dont know about the other side

Look at it on Google Maps.

 

[TrustUser]

yes, it is priced too high - i found that out.

 

[TrustUser]

the hoa guy sent me a clip of the google maps. there are 3 vacant lots next to mine. and 3 vacant lots on the other side of my neighbor. the 2 streets above and below me each have more houses. but it does seem like there are more vacant lots than houses.

 

[PayrollHRGuy]

I wouldn't necessarily trust what the HOA guy sent you. Looking it up on Google yourself should be easy. You can also look around to see how the area's growth is heading.

That said, I'll give $1.50 for it.

 

[TrustUser]

what seems strange to me is that my dad purchased this lot approximately 40 years ago - why are there still so many vacant ones ?

 

[TrustUser]

in taking a bigger look, about 40% of the lots have houses on them - i need to talk to my realtor. i will get back with you to let you know how things turned out

thank you

 

[PayrollHRGuy]

what seems strange to me is that my dad purchased this lot approximately 40 years ago - why are there still so many vacant ones ?

Without knowing where it is how could we know. It may be a somewhat failed HOA. There has been an absolutely HUGE amount of growth up there over the last 40 years. I'm really surprised that any homesites that were platted 40 years ago haven't been built on at least once.

 

[adjusterjack]

yea. i think my realtor already tried to sell it to them

i need to talk about it more with him - thanks

Talk to the neighbor, not the realtor.

 

[PayrollHRGuy]

Follow this link for comps.

https://www.zillow.com/bella-vista-ar/land/

 

[TrustUser]

the hoa has agreed to take the lot. so i am just gonna get rid of it, that way. that is about as simple as it can be, for me

 

[quincy]

the hoa has agreed to take the lot. so i am just gonna get rid of it, that way. that is about as simple as it can be, for me

That is a nice simple solution. Thanks for the update.

 

[TrustUser]

thanks to all who contributed. i called my realtor. he told me there would be 1100 commission and closing costs. the lot was not worth that much, in sales price - LOL. so all in all, it was my best solution. gosh, coming from california, where everything is worth a small fortune, i cant quite grasp a lot that is not worth anything !!