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Let's suppose, in Unicoi County, situated in the state's mountainous northeast, the typical sales quantity for a 251,911 square foot lot is $59,408. That's just $0. 37 per square foot. As Tennessee continues to grow, you could potentially benefit from a land purchase in the Volunteer State. Located completely in the Appalachian area, it's no supervising, West Virginia is referred to as the Mountain Statethe surface is nearly totally mountainous.
Website of the famous pre-Civil War raid by John Brown, the town is surrounded by a national historical park, with much of the structures open to the public as living-history museums.West Virginia's economy has actually had substantial strides and is still growing. The most significant market in the Mountain State is still coal mining, which contributes 98% of West Virginia's development.
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In Morgan County, just an hour outside of Harpers Ferry, a square foot of uninhabited land will cost you around $0. 44. With an average lot size of 277,623 square feet, that comes out to $29,450. Renowned as the Land of Magic, New Mexico boasts a variety of striking landscapes, from the Chihuahuan Desert to the Sangre de Cristo Mountains.
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This prospering city is house to the Georgia O'Keeffe Museum and the outdoor Santa Fe Opera. To top it off, New Mexico's population and economy are on the increase. In other words, the Land of Enchantment could also be the land of opportunity for retirees wanting to buy valuable uninhabited land.
96 per square foot, and the typical land sale amount is $55,918. Did you see this? understood for its constantly warm weather and, naturally, the Grand Canyon, Arizona has long been a location for travelers craving a taste of the southwest. It's also the 6th largest state in the U.S. with a quickly increasing population.
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Even with those numbers, you can still discover inexpensive land in the Grand Canyon State. In Santa Cruz County, situated in southern Arizona along the Mexico border, the typical price of land is $1. 77, with an average sales quantity of $45,420 for 91,088 square feet. The Bottom Line, Even if you manage to discover land in above mentioned 5 states, remember that any land acquired is an exceedingly high-risk investmentespecially for less knowledgeable, short-term investors.