A few months ago I noticed about a 4 acre lot went on the market in my area for a very low price, and the listing claimed that it was buildable, but fill needed to be added in order for it to perc. I was curious and wanted to find out why so cheap? It was a wooded lot, with a pond and a stream running through the back of the property. Actually, the lot was a very nice looking lot. You were able to see tracks from wildlife traveling through the lot. But, why was the asking price so low???
After a major storm hits, I like to drive around and check out the properties to see what they look like after a major rain, this way I can let my buyers know about the lot in case any are interested in possibly purchasing it. Well, after one of the major spring storms hit, I took my usual drive around the area, which included this 4 acre lot. Lo and behold, I found out WHY the seller was asking such a rediculous price for it. It turned out that 90% of the acreage was under water. The stream had turned into a rushing river straight through this lot. I would say this would be a perfect lot for a home. A HOUSEBOAT to be exact. Believe it or not, someone did actually purchase the property. I hope they know what they are getting into. It will take an awful lot of fill in order for it to perc. I certainly would not want to take the chance and build on this property, especially after what I saw after the rains. Even after adding tons and tons of fill. NOT ME!!! Would you???
