Cramahe

[Pfm1011]

Did anyone go after these , I meant to go down and take a look and didnt and was too busy today to do a blind bid

The house is in a marsh and the 100 acres is on an unopened rd . Im guess the hundred acres woud be worth 75 to 100 as farm land so worth in the 20s in tax sale..

 house no idea as the pictures were crap so I have no clue where to start

[ErnestBidder]

 House not only in a marsh, but well below road level. It does have a stream (year-round from looks of it) behind the house.

 100 Ac has powerline through it, quite hilly, so pretty rough farming, more likely grazing land. Has lots of trees on northern part, as seen from the highway, but didn't go on land but there is a possibility of some harvest, but let the winner report, if they "lurk". I pass, I promise, but would go minimum+ if bidding.

[Pfm1011]

Hydro lines...not with a ten foot pole..glad I didnt drive

[Dave2]

Hydro lines...not with a ten foot pole..glad I didnt drive

Hydro lines are the least of your concerns on this package.  I had a chance to spend a nice couple of hours with a member of this board looking at these properties on Sunday.  On the other one there is a high pressure nature gas pipeline that passes either under or right by the structures (Its the main one between Toronto and Montreal and I think is 3 feet in diameter.)   There maybe more then one.

As always when I meet a member of this board in person it is a pleasant experience.  My only complaint was that he didn't bring the "pretty girls" along that he referred to in an early post.
I understand it is related to something about the fact I don't have a yacht like the more fortunate members of this board.   

 Dave2

[avlawg]

HI
  What do you mean when you say the hydro line are the least of your concerns  on the land.  Is ther something else we should be careful of


thanks

[netpred]

House not only in a marsh, but well below road level. It does have a stream (year-round from looks of it) behind the house.

 100 Ac has powerline through it, quite hilly, so pretty rough farming, more likely grazing land. Has lots of trees on northern part, as seen from the highway, but didn't go on land but there is a possibility of some harvest, but let the winner report, if they "lurk". I pass, I promise, but would go minimum+ if bidding.

OTS had the acreage listed as being landlocked. Were they wrong?

[avlawg]

I Attended The house was redeemed

the land went for 61000 the second was around 55,00

there was a round allowance to the land I drove right to it but not sure how close the propert came to te unopen road

[avlawg]

sorry for the spelling errors  didn't read before I posted

[Dave2]

OTS had the acreage listed as being landlocked. Were they wrong?

First to clarify.  Two properties One occupied of 26 acres with house(actually a converted trailer and detached double car garage) next to a gas line. Another one of 100 acres landlocked (but on an unopened road allowance) with a power line in front with 10 acres of swamp on the north.
It was the one with the house I referred to in my earlier post.
House was redeemed after 2:00 pm so that the owners would get every bidder upset.

Landlocked one was not redeemed and had over 20 bids.  The interesting issue with this one was the possibility that the road might be opened to serve a new quarry to the west.  That is the good news.  The bad news is that you might have 500 dump trucks a day going by your place.  That information was only known to locals including myself.    

This one was a very hard one to value.  Without road access you were looking at a value of $60 -$75 thousand with major negatives because of power line.  Composition of land; 10% farmable; 10% swamp and 5 - 10% power line with remaining hill scub forest.  It is a great property to grow crops that can be see from a helicopter on. It also has definitite deer hunting potential.  I personally had another use that is not in the public domain but would have requireed rezoning and I had not certainty it would pass.  

Winning bid $61,000 (Bigfoot) with second $50,000.  I was third at $41,000 and there were half a dozen bids in the $30,000 -$40,000 range. Assessed value $53,000.   This one I don't figure because it its above the range I would bid even if offered to me.

[netpred]

I am surprised that it went that high. If it is not far in from the developed road it may have more value than the ordinary landlocked property. However, if it was truly landlocked it probably wouldn't go for much more than the minimum, unless of course some bidders have special knowledge of anything that makes the land more valuable. Still, 61k seems like a lot.

By the way, who is Bigfoot?

[Dave2]

Bigfoot is my personal nemisis.  Lost 15 bids to him.  Usually I place 2nd or 3rd.
His identity will be sent to you offsite.  He lives north of Grafton and I have run into him in bids in the north of Hastings country

[Pfm1011]

15 bids...ouch....  hope he stays out there

[sldy38]

Bigfoot is my personal nemisis.  Lost 15 bids to him.  Usually I place 2nd or 3rd.
His identity will be sent to you offsite.  He lives north of Grafton and I have run into him in bids in the north of Hastings country

I'd like to find out who "BigFoot" is as well. Thanks.

[avlawg]

me to
who is big foot

[Dave2]

15 bids...ouch....  hope he stays out there

My basic question is what am I doing wrong.  Either he has an unlimited budget or he has found a way to sell property at a higher price then I am capabale of doing.  Sure would like some insite into that if anyone tracks the resale of properties after the original tax sale.

Don't worry PFM; all you have to do is invite him out on your yacht (with the accessories of course) and divide the market up.  Come to think of it you had better include "Frank" and then you can leave the scraps to us peons. 

Dave2