Cost of Land??? Dept 17

[JJ]

Not sure if this is the right forum to ask this particular question, but here goes anyway.

We have some mixed woodland next to our property which I may try and purchase in the near future.

Does anyoine out there know what the going rate per m2 should be for mixed woodland?

I am considering buying it to preserve it from being removed for firewood, this woodland acts as a sound cushion between us and a nearby Moto Cross site.

Many thanks.

 

 

 

[Cardinal]

The definitive source of information on land prices is your Mairie. But always seek a second opinion!

[Teamedup]

Your notaire should also know local prices.

[just john]

Hi

For what it is worth when we bought a similar parcel of land, our builder contacted the owners on our behalf and they wanted 0.5E per sq m. We agreed (delighted in fact) and when the notaire draw up the sale he happily pointed out that as farm land it was only worth a fifth of the price we had agreed but as an extension to our property was worth the price we had agreed.

John & Sue.

[Alan Zoff]

Normal valuation rules don't really apply in these circumstances. It comes down to how much you want it and what you are prepared to pay to have it. Always useful to know, though, the going rate of local land so that you can see how well the vendor is doing before you get too carried away. Also worth considering what effect its acquisition will have on the market value of your (enlarged) property - possibly not as much as you might think.

Bear in mind also the cost/hassle of maintaining it. If it is part of a larger plot rather than self-contained, consider type of boundary fence needed and who will be responsible for its construction and maintenance before agreeing price.

[le val charente]

This reminded me of a story I heard recently of someone who bought some woodland for similar purposes but after buying it, realised all the trees had been cut down as they belonged to the farmer - be careful!!