• shiroininja@lemmy.worldOP
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    1 year ago

    One acre. By a lake. But I still feel it’s ridiculous. I hate the idea of what’s market value. To me it’s what is decent as a human being.

    • protist@mander.xyz
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      1 year ago

      Somebody you know is selling an acre of land on a lake, not a shed. This land is probably worth that much with no improvements at all

      • jimbolauski@lemmy.world
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        1 year ago

        The acre and the boat slip. The dock fees in lake anna are $1,300 a year the slip alone is worth at least $60,000

      • Treczoks@lemm.ee
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        1 year ago

        It’s always land value plus house value. A friend of mine bought an old farm house on a large piece of land for less than a used car’s worth. Why so cheap? The land would be worth a fortune alone, but the farm house was a few hundred years old (take that, USA!), in a bad shape, and listed as a protected building, i.e. he had to do any kind of “making it habitable” under close scrutiny of bureaucrats and historians. The family worked their asses off every weekend for over a decade and spent a fortune on historically correct materials.

      • figjam@midwest.social
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        1 year ago

        I mean it has electrical service, water, and either sewer or septic. Still feels a little high but a full acre on a lake is valuable

    • hiddengoat@kbin.social
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      1 year ago

      One acre by WHAT lake? This looks like a fucking bargain compared to a lot of places. Lakefront property is highly sought after everywhere.

        • NewNewAccount@lemmy.world
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          1 year ago

          What does morality have to do with it? Couldn’t it be considered immoral to your family to sell for less than fair market value?

            • slackassassin@sh.itjust.works
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              1 year ago

              The “fair” market price is what someone is willing to pay. If it’s not sane, then it won’t sell. Unless you sell to an insane person, in which case, good for you and them, I guess.

              I’m not in the market for million dollar properties, so hyper sane over here.

        • JJROKCZ@lemmy.world
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          1 year ago

          “Owning” land isn’t moral, but we’ve normalized it over the past few millennia so it isn’t going anywhere anytime soon.

          • deegeese@sopuli.xyz
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            1 year ago

            I will take “accepted by most societies over millennia” as a pretty good definition of “moral”.

            • JJROKCZ@lemmy.world
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              1 year ago

              Most societies also killed gay people, refused to help handicapped people, refused women any day in anything, etc etc for millennia and those are all immoral as well.

              Just because things were done a certain way doesn’t mean that’s the right way

              • deegeese@sopuli.xyz
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                1 year ago

                Yeah, I’m going to keep on owning land without worrying if it’s moral or not.

    • mommykink@lemmy.world
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      1 year ago

      80% of that value is in the land, assuming the lake is somewhat desirable to live by. 1 whole acre?? These are 2013 prices

      • ikidd@lemmy.world
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        1 year ago

        And $30k to put utilities in, unless they’re pulling water from the lake and treating it.

    • Ejh3k@lemmy.world
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      1 year ago

      It’s funny. I’m on vacation in a primarily summer destination, and my wife and I checked out some lake properties in zillow. She thought I was nuts when I said a house we saw was probably a cool mill. Found properties listed for up to $4m. Property values are bonkers.