My elderly mother inherited some land 40+ years ago, and now it may be time to sell it, if it can be promoted and priced correctly. The land has been in the family for almost a century, and has always been used as farmland (circa 125 acres), but has real potential for recreational land use, as it has water frontage on a secondary navigable river, as well as formerly connected Oxbow lake, which is also used recreationally for fishing and boating which adjoins a 25,000 acre national wildlife refuge a couple of miles down. It has about 3500 ft of water frontage combined between the river and the lake. Now for the negative stuff, it is located in an extremely rural part of northeastern Louisiana, it is in Floodzone AE with most of the land 2-5 feet below BFE so would require any structures to be elevated, and any waterfront access along the river would have to involve Corp of Engineers building permission, as well there are extra requirements for septic systems. We listed the property abo...
My mother died earlier this year, and I inherited her house. I want to sell it. It's a small house (816 sq ft) on a double lot (8.2 acres) in rural Florida. The house is on one lot, and the adjoining lot is unclear woods. Although it’s registered as a single property, the lots have separate addresses. Each also has its own city water hookup, though one has never been turned on. Would the land be more valuable if I sold both lots separately, or as one? submitted by /u/haloarh [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1w9gnaa/should_i_split_up_a_double_lot_before_selling_it/