J and I went to a property auction Saturday. We always go with the idea that maybe no one else is interested and it will sell for a reasonable price. We were disappointed once again.
This was a 27 acre tract with access to the 1300 acre range lands and Virginia Highlands trail system. This is in a remote part of the county about 5 miles from us. The sellers live in North Carolina and camp and ride with their friends. The wagon and outhouse watchman's stand convey with the property.
In the middle of the property they fenced off a spot for 15 camper sites with water and electricity and 3 with sewage.
Along with 2 old small barns this covered picnic area was the only other improvement on the property.
It was all open with pretty views. J and I were ready to bid up to $150,000. That was the second bid. It ended up going for.......$430,000. Property taxes will be going up.
yikes! that's a lot more than it should be. I notice recreational property is always a big ridiculous though
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