About Portland, ME Land for Sale - Redfin

Price Minutes $5,000 $10,000 $15,000 $20,000 $25,000 $50,000 $75,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000 $650,000 $700,000 $750,000 $800,000 $850,000 $900,000 $950,000 $1,000,000 $1,100,000 $1,200,000 $1,250,000 $1,400,000 $1,500,000 $1,600,000 $1,700,000 $1,750,000 $1,800,000 $1,900,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,500,000 $4,000,000 $5,000,000 $10,000,000 $20,000,000 Max $5,000 $10,000 $15,000 $20,000 $25,000 $50,000 $75,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000 $650,000 $700,000 $750,000 $800,000 $850,000 $900,000 $950,000 $1,000,000 $1,100,000 $1,200,000 $1,250,000 $1,400,000 $1,500,000 $1,600,000 $1,700,000 $1,750,000 $1,800,000 $1,900,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,500,000 $4,000,000 $5,000,000 $10,000,000 $20,000,000 Apply.

Homeownership is a cornerstone of the American Dream. However since  Solution Can Be Seen Here , the United States had a supply shortage of 3. 8 million homes making own a home merely out of reach for lots of. This home shortage, combined with low rates of interest and workers having more versatility in real estate location, has actually caused a boom in home structure.

Nevertheless, much like home costs vary by state, so too does the price of land. We evaluated the data to find the states with the most (and least) budget friendly land by acre. The outcomes? Some states have land expensive enough to buy an easy starter in other parts of the country.

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Tiny, largely packed New Jersey will set purchasers back the most at a sky-high $196,410. Where should buyers look for more budget-friendly land? They ought to go west (but not too far west.) In reality, the overlap in between states with more cows than people and states with the cheapest land is strong.

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HOW WE DETERMINED THIS This one was relatively simple. To find out how much an acre of land expenses in each state, we evaluated the approximated typical land value for each state from an April 2015 working paper by William Larson for the Bureau of Economic Analysis, New Price Quotes of Value of Land of the United States." In this Larson provides a series of land value designs for approximating land rates in 2009.

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It takes a look at both commercial and residential values. Unfortunately, Alabama, Alaska, and Hawaii were left out from this study. Do Not Get Too Thrilled While the low sticker price might have you ready to build your own Mc, Mansion, do not get too fired up just yet. For something, these are typical prices.