Are you planning to buy land and do not know the exact value of an acre of land in your country? No worries because several people like you do not have any idea of the cost of an acre of land in their country or state. Do you want to know how much 28.8 acres of land cost in your country?
It is extremely necessary to know the cost of land when you are planning to buy some land. As for housing, the cost of the land influences the cost of living in a region. If you are not aware of the cost of acres of land in your area or state and if the dealer finds out that you don’t know the current prices in the area then the dealers can charge you extra money which will be more than the land’s worth.
Continue reading the article to know about the exact value of an acre of land in your country or city and also get the answer to the question of how much 2.8 acres of land costs.
What is the worth of an acre of land in the US?
An acre of land is a piece of land whose length is 660 feet long and the standard size of the land is 4840 square yards which is nearly equivalent to 4046.86 square meters.
You can visualize an acre of land by imagining a football field, however, a football field is a little large in comparison to an acre of land.
What are the factors that describe the price of the land?
Several factors decide the price of the land of a country or a state. Some of the factors include whether the land is flat or sloped, does the land have utility service, whether they can install the utility service easily, and if there are paved roads nearby. Moreover, the use of land is also a factor that determines the price of the land.
Above all the largest factor that comes first in the list of determining the value of the land is its location. If the land is located in a good and developed location then the cost of land will be high in comparison to that of undeveloped areas. The cost of land in different states in the US varies from $1,558 per acre in Wyoming to $196,410 in New Jersey.
This is a reason that a person should consider all the factors that determine the price of the land, especially the location of the land, and always check the price of per acre land in that location.
How much does 28.8 acres of land cost?
The cost per acre of land in different States depends upon the location and it varies from state to state in the United States. Although we have answered your question, that is how much 28.8 acres of land cost for some of the states in the United States. The given below are the prices of some specific States that you might find useful if you are planning to buy land in any of these States:
- South Dakota: The value per acre of land is $2,135 and the cost of 28.8 acres of land is $61,488.
- Wyoming: the value per acre of land is $1,558 and the value of 28.8 acres of land is $44,870.4.
- Oklahoma: the cost per acre of land is $7,364 and the value of 28.8 acres of land is $212,083.2
- California: the price per acre of land is $39,092 and the value of 28.8 acres of land is $1,125,849.6.
- New Mexico: the worth per acre of land is $1,931 and the value of 28.8 acres of land is $55,612.8
However, if these were not the states in which you are planning to buy the land then you must know the approximate worth of an acre of land in the US. The approximate and rough value of an acre of land in the US is 12000 dollars. Thus buying land of 28.8 acres in the US will cost you around $345600.
The Final Words
It is hard to determine the exact cost of land in the US without doing the location and other factors related to that land. However, we have mentioned the cost of land in some specific states of the US and the approximate worth of 28.8 acres of land in the US. But if you are from another country, we recommend you check the price of land in your respective countries.
We hope you found this article informative and that it answered the question- How much does 28.8 acres of land cost?
