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Reply to "Somerset land value? "
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[quote=Anonymous][quote=Anonymous]What is a “double lot”? Do you have actual approval to build two houses on the lot? If so, it seems like $2.5 million easily, and maybe even $3 million would be possible. [/quote] It's speculative. Not sure if the plans will be approved. Not sure if the lot is actually buildable. Most double lots in the area have giant quartz boulders in them and were previously unbuildable. Now with fracking technology, they might be if approved. But approval is risky bc of the potential instability caused to surrounding properties[/quote]
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