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Joined: Sep 2004
Posts: 4,709
Campfire Tracker
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Campfire Tracker
Joined: Sep 2004
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The chemical or old oil dump could make it impossible to clean up. And if someone dumped an old asbestos thingmabob you would have to build a big tent. Get the testing done.
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Joined: Apr 2019
Posts: 4,792
Campfire Tracker
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Campfire Tracker
Joined: Apr 2019
Posts: 4,792 |
Another thing to maybe be concerned about is what sort of chemicals got dumped there. This ^^^ Buddy was looking at a retirement property. It was a hefty chunk but easily done with selling his current property. He was ready to close when the seller’s real estate agent “suddenly” discovered there was an 1800’s dump on a neighbouring property that made this one almost worthless.
Last edited by Wannabebwana; 02/14/20.
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Joined: Dec 2009
Posts: 31,599
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2009
Posts: 31,599 |
Hey! I live on a place just like that!!! 🤣🤣🤣
Founder
Ancient Order of the 1895 Winchester
"Come, shall we go and kill us venison?
And yet it irks me the poor dappled fools,
Being native burghers of this desert city,
Should in their own confines with forked heads
Have their round haunches gored."
WS
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Joined: Feb 2004
Posts: 46,745
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2004
Posts: 46,745 |
$70K for 20 acres is not what I'd call anywhere in the ballpark of cheap. I'd pass. If you really like it and aren't afraid of some hard work, then it maybe a place for you. If it's just "junk" on the 16 acres, it wouldn't scare me off at all. If there were chemicals dumped there, I'd avoid it like the kung-flu.
Is there a chance you could have it surveyed into 2 separate parcels? That way, the small acreage could possibly be worth what you have into it, if land is that expensive near you.
Camp is where you make it.
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Joined: Feb 2004
Posts: 46,745
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2004
Posts: 46,745 |
3500/ acre here is cheap if it has any use at all. Where in TN is that cheap? We have been looking at land and land prices, mostly in Eastern TN and to me, THAT seemed cheap.
Camp is where you make it.
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Joined: Jul 2015
Posts: 14,642
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2015
Posts: 14,642 |
Check zoning too. You may not be allowed to build on a flood plain.
Politics is War by Other Means
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Joined: Feb 2004
Posts: 46,745
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2004
Posts: 46,745 |
3500/ acre here is cheap if it has any use at all. Where in TN is that cheap? We have been looking at land and land prices, mostly in Eastern TN and to me, THAT seemed cheap. Don't think getting a full size truck back there is possible without filling the creek and major filling and leveling.
Study up on the local soil conservation and/or watershed district to see what you are allowed to do on the dirt work - my guess would be very little. Filling wetlands or lands with hydrophilic soils is a no-no. Some might suggest sneaking some work in, but I've seen that turn bad plenty of times especially when trying to re-sell or applying for building permits. It's not MN. They probably have some freedom. 
Camp is where you make it.
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Joined: Dec 2013
Posts: 12,961
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 12,961 |
If it is not a toxic waste dump you might think of selling the junk iron and the hiring a track hoe to put the rest under ground. Lot easier than trying to find a place to take it.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
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Joined: Sep 2011
Posts: 60,651
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,651 |
Two thoughts, "Let the buyer beware". "Location, location--".
These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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Joined: Aug 2003
Posts: 13,935
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2003
Posts: 13,935 |
Soil samples would be a very good idea. If the ground is contaminated with chemicals or heavy metals, that would be the last piece of property I would want to buy. To many potential headaches with EPA, not to mention your $70k investment would likely shrink tremendously in value. ^^^ This +1 ^^^ No telling the amount of building and construction material waste containing asbestos and other contaminates now deemed hazardous that has been dumped and/or buried on old landfills on private ground over decades by building contractors, remodelers, etc., both before and after the EPA laws. Same for pesticide, herbicide and other assorted hazardous chemical containers.
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Joined: Dec 2013
Posts: 23,685
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,685 |
I've never been afraid of hard work. Lots of people are, which makes properties like that cheap. Doesn't even sound like hard work. More time consuming than hard. If there is really that much junk there and it is metal, you have the scrape metal as income as well. Scrap prices in this area are barely worth the trouble. $4-$5/lb right now.
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Joined: Jan 2006
Posts: 69,252
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2006
Posts: 69,252 |
Sounds kind of like an acreage I saw for sale north of here some years ago. It was along a river with quite a bit of water frontage. The entrance to the property was a road going through a barb wire fence. The top wire of the fence was covered with moss. Land in a flood plain might be good for shooting or hunting but I would never build anything more than a shack on it.
“In a time of deceit telling the truth is a revolutionary act.”
― George Orwell
It's not over when you lose. It's over when you quit.
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Joined: Aug 2010
Posts: 27,799
Campfire Ranger
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Campfire Ranger
Joined: Aug 2010
Posts: 27,799 |
3500/ acre here is cheap if it has any use at all. Where in TN is that cheap? We have been looking at land and land prices, mostly in Eastern TN and to me, THAT seemed cheap. Don't think getting a full size truck back there is possible without filling the creek and major filling and leveling.
Study up on the local soil conservation and/or watershed district to see what you are allowed to do on the dirt work - my guess would be very little. Filling wetlands or lands with hydrophilic soils is a no-no. Some might suggest sneaking some work in, but I've seen that turn bad plenty of times especially when trying to re-sell or applying for building permits. It's not MN. They probably have some freedom. I cannot speak for East TN prices. So we both agree 3500 an acre is cheap ? It gave me a headache trying to decipher your post. Raw farmland (no guarantee of the soil perc’ing ) is going under contract for $7,000 per acre ASAP.. If it’s conducive to subdividing (estate size lots of 5 acres or more) is bringing $15,000 an acre . If sewer is there and they can subdivide to 1/4 acre lots ,it’s even higher . Way higher .
Last edited by alwaysoutdoors; 02/14/20.
![[Linked Image from i.postimg.cc]](https://i.postimg.cc/qMjL6f8C/27-FD3-F35-D9-CF-4-FC0-AE24-D01508-F7-AF1-C.gif)
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Joined: Oct 2009
Posts: 1,471
Campfire Regular
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Campfire Regular
Joined: Oct 2009
Posts: 1,471 |
I have 40 acres in Montana with a well and septic I will sell for 90k. Good deal, no dumps or oil spills.
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Joined: Sep 2004
Posts: 4,709
Campfire Tracker
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Campfire Tracker
Joined: Sep 2004
Posts: 4,709 |
Hey!!! Where can i find that 4 or 5 bucks a pound for scrap? More like for a ton
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Joined: Aug 2010
Posts: 27,799
Campfire Ranger
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Campfire Ranger
Joined: Aug 2010
Posts: 27,799 |
$70K for 20 acres is not what I'd call anywhere in the ballpark of cheap. I'd pass. If you really like it and aren't afraid of some hard work, then it maybe a place for you. If it's just "junk" on the 16 acres, it wouldn't scare me off at all. If there were chemicals dumped there, I'd avoid it like the kung-flu.
Is there a chance you could have it surveyed into 2 separate parcels? That way, the small acreage could possibly be worth what you have into it, if land is that expensive near you. It’s not in Bum Fugged Eqypt apparently ......
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Joined: Dec 2013
Posts: 23,685
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,685 |
$3,500/acre would be cheap here. $10,000/acre for farmland isn't uncommon.
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Joined: May 2016
Posts: 60,218
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,218 |
Get a Hepatitis shot and your lock jaw.
I am MAGA.
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Joined: Sep 2011
Posts: 60,651
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,651 |
If it were me, I'd not buy it. There are many more places to put money into.
These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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Joined: Dec 2013
Posts: 23,685
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,685 |
Get a Hepatitis shot and your lock jaw. You mean to post that in the Valentine's/steak and a blow job day thread?
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