Updated almost 10 years ago on . Most recent reply
Jay HinrichsPoster
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HUGE California appreciation this just in
Jay HinrichsPoster
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Real Estate Consultant
- Summerlin, NV
Napa county grape land.. Prime valley floor Rutherford bench etc.. set all time highs
average price per ACRE 317,000 last year 270,000. 14.9% appreciation year over year.
I know of some prime Ruthorford bench properties that eclipse 500k per acre.. now to be fair this is planted to award winning Cabernet grapes...
Still stunning... I remember when we were selling this ground in the mid 80's at 10 to 15k per acre.
who would have thunk it.
- Jay Hinrichs
- Podcast Guest on Show #222
JLH Capital Partners
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