We are very keen to buy one of a development of 9 X 15 -20 acre lots out of town that we know will be coming on the market in a couple of months after completion of Council processes.
Being completely naive about these things, we are wondering what the best approach is in order to get in before the advertising starts so as to hopefully secure the one of 4 of them that we want.
Not being sure of the market price of these as there have been very few of them made available in the area, is it best to ring the developer and ask what he wants for them or do we take a guess at what that might be.
Another subdivision on the same road, all 20 acres, has been selling for prices ranging from 600 - 860K with advertised asking price of 890K.
The ones we are interested in have better aspects than these but, for example, if we offered for a 15 acre lot, we are not sure how the smaller area trades off against the better position.
Any advice as to how to proceed would be appreciated.
Thanks
lazza
Being completely naive about these things, we are wondering what the best approach is in order to get in before the advertising starts so as to hopefully secure the one of 4 of them that we want.
Not being sure of the market price of these as there have been very few of them made available in the area, is it best to ring the developer and ask what he wants for them or do we take a guess at what that might be.
Another subdivision on the same road, all 20 acres, has been selling for prices ranging from 600 - 860K with advertised asking price of 890K.
The ones we are interested in have better aspects than these but, for example, if we offered for a 15 acre lot, we are not sure how the smaller area trades off against the better position.
Any advice as to how to proceed would be appreciated.
Thanks
lazza