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Originally Posted by Matt 26z
True. I now recall a few years ago that someone here got over $1million for their home and it couldn't have been worth more than $250,000 at the time. But she had some land to go with it. Noting big, but enough to build two homes on by today's lot size standards. Plus it was in the middle of their development.
Then just in the past 5 years several went up along a road and now Wal-Mart is building on that land. I wonder how much they got?
Seems like a good way to increase your odds of cashing in are to build on land that is right next to a large field. Eventually it'll be developed and they'll want you out.
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yes sir, you are correct
owning a home where a big corporation wants to develop is like hitting the lottery