Categories Tennessee

How Much Does Land Cost In Tennessee? (Solution)

Statewide, an average acre of Tennessee land is worth $14,400, but it’s all about location. The average sales amount for a 251,911 square foot lot in one of Unicoi County’s prime locations is $59,408, according to FindAnyAnswer.com. Tennessee’s $14,400 per acre average cost compares to $12,100 in the lower 48 states.

  • Tennessee An average acre of land was worth $14,400 in Tennessee, just higher than the $12,100 per acre in the lower 48 states. Like in other states, a large portion of Tennessee‘s value came from its developed land, even though this accounted for less than 10% of the state’s land.

What is the average price of land in Tennessee?

The average price of land listings for sale in Tennessee is $331,617.

Is it cheaper to buy land in Tennessee?

Even with a variety of attractions, land in Tennessee is relatively inexpensive. For instance, in Unicoi County, located in the state’s mountainous northeast, the average sales amount for a 251,911 square foot lot is $59,408. That’s only $0.37 per square foot.

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How much does undeveloped land cost in Tennessee?

The combined market value of undeveloped land for sale in Tennessee is $2 billion, with the average price of undeveloped land for sale in being $210,092. Some common wildlife species to be found on undeveloped land for sale in Tennessee include whitetail deer, turkey, ducks, geese and dove.

Is Tennessee a good place to buy land?

Great investment opportunities, large areas of forest land, rangeland, and 44% of the state’s land dedicated to agriculture all make for big reasons why Tennessee should be at the top of your list when looking to buy land.

What state is land the cheapest?

Tennessee, Arkansas, and West Virginia consistently rank as the cheapest places to buy residential land. Tennessee offers diverse geography, from mountains and lakes to acres of rural flat ground, and of course the iconic landmarks and attractions like Graceland and Nashville, the heart of country music.

How do I buy land in Tennessee?

Everything varies by county and state, but many of these tips cover any piece of land, no matter where it’s located.

  1. Look at land in the fall.
  2. Ask about easements and restrictions.
  3. Get a survey.
  4. Have a larger down payment.
  5. Build in due diligence time.
  6. Use a Realtor familiar with land sales.
  7. Be prepared to wait.

How much does 1 acre cost in Tennessee?

Statewide, an average acre of Tennessee land is worth $14,400, but it’s all about location. The average sales amount for a 251,911 square foot lot in one of Unicoi County’s prime locations is $59,408, according to FindAnyAnswer.com. Tennessee’s $14,400 per acre average cost compares to $12,100 in the lower 48 states.

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What county in Tennessee has the cheapest land?

The cheapest county to live in is Van Buren County with a median home price of $98,000. There are 10 especially affordable cities with lots to offer in Tennessee, where many have relocated.

How much is in a acre of land?

The short answer: an acre is equal to 43,569 square feet. That’s also 4,840 square yards or 0.4047 hectare (a hectare is 4,047 square meters). One square mile is 640 acres.

Why are houses so cheap in Tennessee?

This is mostly due to the majority of the state being in rural areas and the lack of a state income tax. While cities such as Nashville have high housing costs, this is balanced by below average costs of transportation, healthcare and child care.

Does it snow in Tennessee?

Before we answer the question “where does it snow in Tennessee?”, we thought it was worth going over when it snows in this southern state. What is this? Generally, Tennessee sees snow during January and February. In the cities in Tennessee, it snows far less, and the average snowfall is more like 1 or 2 inches.

Why is land so expensive?

Land, Labor and Raw Material Costs Are Higher in California Than the Rest of the Country. And Those Costs Are Rising. Unfortunately, California’s coastline topography makes it more expensive to build here than most other places. Limited land plus tons of demand means high land prices.

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