So $350,000 is the price of the land it sits on.
I’ve always hated the marketing convention of using “home” instead of “house” to refer to dwellings, and the example of this unlivable shack demonstrates why it’s so stupid.
“So $350,000 is the price of the land it sits on.”
I would think that actually is the price of the land with the cost of removing the trash pile deducted. Once the shack is gone the price should be considerably HIGHER. The cost of removing it at one time would have been minimal, with current regulations who knows. Fifty thousand maybe?
I live on eight acres fronting on a small river on the North side and two paved streets on the South side with an 1850 square foot dwelling, Oaks, Hickories, Dogwoods, Poplars, Pines, Sparkleberry, a Blueberry orchard, pear trees, grape vines and arbors, the kind of place a lot of people dream of and if I asked $350,000. for it here I would be laughed at. If such a place existed in Silicon Valley it would be worth millions upon millions.