Tips for selling an unbuilt lot
We have a house on 7 acres that's 2 neighboring lots. We plan to sell the house in a couple months when we're done with all the final remodeling/updating. We will sell the extra lot separately, because I think we'll get more money total for 2 transactions than for a single one (plus it will allow us to price our house in a lower bracket than we would be able to with the extra lot).
In the meantime, until the house is ready for prime time, we figured we could go ahead and put the lot on the market. There's a lot of traffic from the Parade of Homes last weekend through this one (new neighbor's million dollar house is on the tour), so we put up a basic painted sign: For Sale, 3.5 acres, Prime Lakefront, phone #.
What other tips do you have for selling a building lot? How do people usually search for building lots? What do they look for? Ideas for marketing it?