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Should I sell 1/16 of a section for $1.6M?

Bug city rich guy offered me $1.6 M for 40 acres. No one in my family has ever sold ant real estate once we owned it.

That is $40K per acre....????? Should I?

4 Answers

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  • 2 months ago
    Favorite Answer

    thats up to you

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  • 2 months ago

    Have a Realtor do a CMA - comparative market analysis.

    This will show what similar properties have sold for.

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  • 2 months ago

    Why don't you ask someone local how much property is worth per acre and find out what it's actually worth?

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  • Anonymous
    2 months ago

    How the hell should we know?

    Do you need 1.6 mil?   Do you care what the big city rich guy is going to do with the property?

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