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Katrina E.
  • Real Estate Consultant
  • Panama City
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Land with a dwelling that needs ..

Katrina E.
  • Real Estate Consultant
  • Panama City
Posted

If there is 3.7 acres with a home that needs to be tore down and also needs wetland filled.....what would it sell for? Does anyone invest in the rual area of Geneva al?

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Lynnette E.
  • Rental Property Investor
  • Tennessee
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Lynnette E.
  • Rental Property Investor
  • Tennessee
Replied

Talk to the building department to see if the lot is even buildable.  You will not be able to fill in the wetlands if they qualify as federal wetlands.  Just won't happen.  

If it is not buildable you might want to see if the shack can be 'maintained' or expanded, and if so try to build a house around the shack, even if the shack becomes a backdoor mudroom.

You might have property that is only useful as wetlands and there are conservation banks that may buy it for that purpose without the shack.

Too many spinning wheels on this one, ask a realtor for a free appraisal to get an estimated value.

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