I'm mainly just curious but my family was thinking about possibly purchasing land in Eastern Tennessee for a family vacation spot. We go up there semi often throughout the year for reunions and such.
Looking at the 5+acre properties on the usual websites they're all like $50,000 and up. Even the undeveloped properties. My mom was hoping for something with that acreage for $25,000 - $45,000. I'm just not sure how feasible that price range is tbh.
Why are these properties so expensive? Even in the real small rural towns.
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source https://www.reddit.com/r/RealEstate/comments/1lpovxg/why_are_the_5_acre_properties_in_east_tennessee/
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