Land
Acquisition
Costs Are
Increasing
The
days of purchasing land in the North Country at $1,000 an acre is a thing of the past. Since 1997, land acquisition
costs have increased 130%! Just like supply and demand, the more buyer's in the market will increase the purchase
prices on land. In the off- season, there are fewer land buyers which may result in the seller's of land being more
motivated and more likely to accept a lower offer.