There's not much inventory on the market like your property. Because of this, I would suggest you list your property "As Is" and let the offers come in, then you can decide which one to pick from. This situation could work in your favor, as we can list your property in the price range from $350,000 - $400,000, attract multiple showings, and hopefully create a competitive bidding environment. The best way to find our sweet spot is to present it to serious buyers to gauge their offers. Once we launch on the market, we can assess our approach after one week to see if our pricing is on point, ensuring we maximize your returns.
To accelerate the sale, we must engage genuinely interested buyers. This can be accomplished by listing on the MLS, promoting through top local brokers' sites, and directly contacting their clients via email.
I recommend starting with this price. If we don't receive any viewings or favorable offers in the next few weeks, we can reevaluate our pricing strategy.
Provided below is the expected price range for selling your property.
Naturally, this is merely a ballpark figure and may fluctuate higher or lower, depending on any refurbishing or enhancements you've made to make the property market-ready.
Best,
Ari Lee
LAND COMPS
Here is a summary of vacant land comparables for 515 Depot Hill Rd, Poughquag, NY 12570, as well as its listing information:
### 515 Depot Hill Rd Details
- **Listing Price:** $385,000
- **Lot Size:** 3.83 acres
- **Attributes:** The property is marketed as a unique parcel offering scenic views of the Catskill Mountains.
### Comparable Nearby Land Listings in Poughquag, NY
1. **Lot 9 Woodin Place**
- **Price:** $239,000
- **Lot Size:** 4.4 acres
- **Price per Acre:** Approximately $54,318
2. **287 Pleasant Ridge Road**
- **Price:** $185,000
- **Lot Size:** 7.61 acres
- **Price per Acre:** Approximately $24,313
3. **Gardner Hollow Road**
- **Price:** $99,000
- **Lot Size:** 1.88 acres
- **Price per Acre:** Approximately $52,660
4. **0 Pleasant Ridge Road**
- **Price:** $720,000
- **Lot Size:** 55 acres
- **Price per Acre:** Approximately $13,091
5. **2729 Route 55**
- **Price:** $600,000
- **Lot Size:** 9.84 acres
- **Price per Acre:** Approximately $61,000
6. **Town Center Boulevard**
- **Price:** $429,000
- **Lot Size:** 2.47 acres
- **Price per Acre:** Approximately $173,684
### Market Insights
- In Poughquag, NY, the **average price per acre** ranges widely depending on the location and features of a property. On average, it is noted to be approximately $25,976 per acre across properties for sale.
- Listings highlight a mix of smaller lots like Depot Hill Rd and large parcels, indicating a diverse market with different pricing tiers based on acreage and desirability.
515 Depot Hill Rd, with its premium pricing of about $100,520 per acre, seems positioned as a high-value property due to its smaller acreage and scenic location, which enhances its appeal compared to larger and more moderately priced parcels in the area.