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Let's suppose, in Unicoi County, situated in the state's mountainous northeast, the typical sales amount for a 251,911 square foot lot is $59,408. That's just $0. 37 per square foot. As Tennessee continues to grow, you could possibly benefit from a land purchase in the Volunteer State. Positioned completely in the Appalachian region, it's no supervising, West Virginia is referred to as the Mountain Statethe surface is nearly totally mountainous.

Website of the well-known pre-Civil War raid by John Brown, the town is surrounded by a national historical park, with much of the buildings open up to the general public as living-history museums.West Virginia's economy has actually had substantial strides and is still growing. The biggest market in the Mountain State is still coal mining, which contributes 98% of West Virginia's growth.

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In Morgan County, just an hour outside of Harpers Ferry, a square foot of vacant land will cost you around $0. 44. With an average lot size of 277,623 square feet, that comes out to $29,450. Popular as the Land of Magic, New Mexico boasts a range of striking landscapes, from the Chihuahuan Desert to the Sangre de Cristo Mountains.

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This growing city is house to the Georgia O'Keeffe Museum and the open-air Santa Fe Opera. To top  Answers Shown Here  off, New Mexico's population and economy are on the rise. Simply put, the Land of Magic might also be the land of chance for retirees wanting to purchase important vacant land.

96 per square foot, and the typical land sale quantity is $55,918. Best known for its perpetually warm weather and, naturally, the Grand Canyon, Arizona has actually long been a hot area for tourists craving a taste of the southwest. It's likewise the sixth largest state in the U.S. with a rapidly increasing population.

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Even with those numbers, you can still discover cheap land in the Grand Canyon State. In Santa Cruz County, situated in southern Arizona along the Mexico border, the typical price of land is $1. 77, with a typical sales amount of $45,420 for 91,088 square feet. The Bottom Line, Even if you manage to discover land in above discussed 5 states, bear in mind that any land acquired is an extremely high-risk investmentespecially for less skilled, short-term investors.