Buying vacant rural land
Is there a way to see how vacant rural land prices have progressed long term?
I'm looking anywhere from Haliburton to Madoc to Maynooth to Barry's Bay, though SE of Bancroft, north of Bon Echo is the sweet spot. 50+acres only with road access.
I see these lots going from 60k to 200k these days.
How do you get your due diligence done, like figuring out if it could be approved for septic/well/building, entrance improvements, etc?
HST on the purchase is brutal. Say on 200k of land, it'd be worthwhile to just put up a shanty to avoid paying the tax.
I'm looking anywhere from Haliburton to Madoc to Maynooth to Barry's Bay, though SE of Bancroft, north of Bon Echo is the sweet spot. 50+acres only with road access.
I see these lots going from 60k to 200k these days.
How do you get your due diligence done, like figuring out if it could be approved for septic/well/building, entrance improvements, etc?
HST on the purchase is brutal. Say on 200k of land, it'd be worthwhile to just put up a shanty to avoid paying the tax.
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