WHAT WOULD 2 ACERS BE WORTH ???

WHAT SHOULD I ASK FOR A HOUSE AND 2 ACERS IN DESOTO PARISH THAT IS LEASED ? ANY ONE HAVE ANY IDEA? LEASED 3/16

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Permalink Reply by K_Bain on September 8, 2008 at 8:00
I'm guessing you'd want to retain mineral rights :)

For surface rights and the house, you'll have to go with whatever the land and house is appraised for. The fact that you have leased (and will retain) the mineral rights should not decrease the value of the house and land one bit. The property is only worth what the bank will loan against it.

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