by no means am I an expert on this but I was really surprised at how affordable large remote tracts of land are in the U.P. 20 miles south of Sault Ste Marie. Back in August I picked up a local real estate guide around the area we were in called Pickford.
I saw one tract of land, around 100 acres with riverfront access for $44K. Now I think the description said you needed 4wd to get to it, but still....
that wasn't the exception, there were several choices like that.
I love Northern Michigan. If I ever hit the lottery, thats my new home.
That's lake effect snow country...
It is also severely polluted from copper mining.
Had ta be something up with it, 44k for 100 acres.
Wouldn't that have to be diviluged at some point during the deal?
Disclosure type of stuff like ground water/aquifer stuff?
Is their alot of land in that area that has this issue being sold basically dirt cheap for this reason of copper mining pollution.
Wonder how many out of state people versus residents buy land up their like this cause the locals are in the know and advoid it.
Are the sellers doing bait and switch type of schit or are they forthcoming about it or legally made to be forthcoming about it.
Sounds like owners back in the day sold the mineral rights and now that its played out they are willing to get rid of tracts cheap.
What type of mining was done would be interesting also.
Did the companies have to do land reclamation to the tracts?
How long ago was the mining?
Now that it is possibly reforrested after x amount of time it is ready to sell?
44k for 100 acres is an incredible price.
Paul Harvey rest of the story probably explains why.
