guymonmd Wrote:
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> I checked real estate listings around Chama for
> farms/Ranches and here is what I found
> 575 acres with nice 3 bd 2 ba home $1.2M
> 341 acre tract with no cabin/home $580K
> 591 acre tract no cabin/home $2.8M
> 100 acre lot no cabin/home $950K
> 16 acre lot $349K
> 50 acre tract $251K
>
> Prices vary quite a bit likely due to location.
> 4.9M for a cabin and 1/16th stake in 17,000 acres
> is not out of the range of other listings.
> However if I were going to invest in property, I'd
> want to be the sole owner.
Actually, I think that roughly $4200/acre + for undeveloped land with only partial ownership is nuts. Who calls the shots as to land use and who decides who gets to use the house when?