Understanding an Acre of Land

Building your own home is an exciting proposition. You essentially get to make all of your selections and shape the property into exactly the way you want it. Before you get to that stage, however, you'll want to pick out an appropriate piece of property. Part of that equation will be understanding how much land you will need.

Do you know what size lot is appropriate for you? Some people prefer to be isolated on a large track of land, while others don't really care so much about privacy. One of the things lots of people ask is how much is an acre. The question is asked because a lot of folks have no references of the size of land. Without knowing the square footage of an acre it is hard to know what is ideal.

An acre of land may be perfectly acceptable or it may not. When you have the concept of size down you can make a better judgement. If you did not know an acre of land equals 43,560 square feet. A builders acre which is close in size is 40,000 square feet. What exactly does that mean from a size standpoint?

If you can picture a football field it is about 3/4 of an acre. Too some that might seem like a lot of space. An acre is really kind of the gold standard in real estate in many areas of the country. If you are in the city, however, one acre is considered very large.

People ask all the time how much an acre of land is worth and that really depends on where you are located. In some areas of the country an acre of land could be worth in the millions, while in other places it is only worth a few thousand dollars. Of course, if the acre of land is able to be built on easily then it is going to be worth far more money than a raw acre.

if you are thinking about buying land take a look at the reference at Maximum Real Estate Exposure. It covers numerous aspects of purchasing land including what to think about when you're buying an acre. If you find the information useful, share it with family and friends.