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Poll

Is it worth it ?

Re:Tax sale property to be re-sold
1 (100%)
Is the asking price too high?
0 (0%)

Total Members Voted: 1

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Author Topic: Tax sale property(to be re-sold)  (Read 30282 times)

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BandD

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Tax sale property(to be re-sold)
« on: September 01, 2007, 02:33:44 AM »
221.9 acres - $36,000.00
2,640 feet of paved road frontage(Hwy.572-Matheson,Ontario)
The Pike river joins the property via a creek running through it.
Does anyone know this area of Northern Ontario ?
If so,do you think the property is worth the price?
(One setback is,the minerals are reserved.)
I am thinking seriously of buyng this property.
What is your opinion?
« Last Edit: September 03, 2007, 07:24:02 PM by BandD »
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speedfreeksteve

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Re: Tax sale property(to be re-sold)
« Reply #1 on: September 05, 2007, 12:26:24 AM »


Your post isn't quite clear to me. Is this a property that someone bought in a tax sale?

Asking if x amount of acres is worth x amount dollars is a question that can't be answered with the info provided.

You say there is a creek running through it. That is often more of a liability than an asset. The last time someone was trying to sell me a property with a creek running through it ended up having about 95% creek and wetlands and 5% dry land.

It may seem like a cheap price, but check out other land in the area. I know not long ago you could easily find 100 acres close to Timmins for $20000.
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BandD

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Re: Tax sale property(to be re-sold)
« Reply #2 on: January 27, 2008, 09:38:09 PM »
Thank You to the replies of interested parties.
Sorry to post so late,It's been one busy year.
The property in question has long been sold.
Again thank you!
« Last Edit: January 28, 2008, 07:17:45 PM by BandD »
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