What forum for marketing Subdivision questions?

Question

Which forum is best for asking a Subdivision marketing question?

Henry Clark · Answer

Input please. Thanks

Henry Clark · Answer

Attached is a picture of the signs next to each entry way.  Again this covers 80 acres and the lots are 2 to 20 acres.  Lot 5 which is not showing is our house and acres we are keeping.

Henry Clark · Answer

This is not for sale to anyone.  Just showing the type of Subdivision I am doing.  See picture below.

My question at the end will be any thoughts initiating the "First" sale?

Lot 5 is our house which is not for sale.

This is 80 acres we own outright.  Not in a hurry to sale.

Our son will not come back here, he is headed to a big city.

Both Houses and lots are in short supply in our area.

Interest rates are low.

Realize everyone's property is always "special" but without going into it ours is "special".

We have priced at the very top of the market per our Realtor.  I tell them I think I'm leaving money on the table and am pricing below their true value.

These are Country lots 2 acres up to 20 acres.  We are one mile from town and 1/4 mile to a 4 lane highway to the city.  Could have made them into 1 acre lots, but want a certain level of priced neighborhood.  A few covenants.  Requiring 2,000 square foot on the main floor or larger.  Allow Barns or facilities added on.  They do their own Water well and sewer.

You can go to their website for a tour of the lots.

Again, we are not in a hurry to sale.  If we sale one lot per year, I'm happy.

We have priced two of the "plain" lots at $100,000 which is lower than the $130,000 to $180,000 for the other lots, to help spur their sale.  Have already landscaped along the property lines with about 150 trees.  Put in the front entry with concrete so there is no question on some of the Double access entrances, of who pays to start with.

Most of the local builders won't touch these lots as spec homes, because they are used to $35,000 to $75,000 lots.  Also the 2,000 square foot main floor means a $400,000 house.  With the lot of $100,000; getting to a total of $500,000 its to much for them to speculate with.  $500,000 up to $1,000,000 is not our normal market; but we do have some in the area.  We are definitely not in the spec home business ourselves.  We are just selling the lots.

Other than waiting, which we are fine with.  Even not selling. Do you see or know of any other methods for initiating the First sale?  The reason I am emphasizing the first sale, it is my understanding that the herd mentality of buyers, will get kicked off with that first one.  Thanks.