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General / Re: NW Ontario Land
« on: June 16, 2008, 01:11:16 PM »
Dave2,
Regarding Dignam and land values, I have wondered about your question as well. When I bought my piece of property from them, I later learned that I could have bought my land or other pieces nearby, slightly cheaper by asking around and buying directly from the owners of the properties. However, I didn't have the necessary leisure time to spend getting to know everyone who might have a piece of property for sale. Nor could I be assured that it would all be above board, whereas I felt fairly safe with Dignam and in fact, ended up taking a few years to pay for the property - something I couldn't have done if I were buying directly from the seller. In the end, I felt that while I may have paid a slightly higher price than buying directly from a property owner, it was worth it to me to be able to pay it off in installments and also to have the option of trading the property if I became dissatisfied with it for any reason.
They also tend to deal in marginal land and land without buildings on it, so it's really hard to place a market value on the properties, especially those where there might be limited access or some other impediment. I would be interested in hearing if others have compared Dignam's prices to the market.
Regarding Dignam and land values, I have wondered about your question as well. When I bought my piece of property from them, I later learned that I could have bought my land or other pieces nearby, slightly cheaper by asking around and buying directly from the owners of the properties. However, I didn't have the necessary leisure time to spend getting to know everyone who might have a piece of property for sale. Nor could I be assured that it would all be above board, whereas I felt fairly safe with Dignam and in fact, ended up taking a few years to pay for the property - something I couldn't have done if I were buying directly from the seller. In the end, I felt that while I may have paid a slightly higher price than buying directly from a property owner, it was worth it to me to be able to pay it off in installments and also to have the option of trading the property if I became dissatisfied with it for any reason.
They also tend to deal in marginal land and land without buildings on it, so it's really hard to place a market value on the properties, especially those where there might be limited access or some other impediment. I would be interested in hearing if others have compared Dignam's prices to the market.