Affordable Land for Sale in Cedar County, IA

by | Mar 27, 2023 | Business

Undeveloped land and farms for sale in Cedar County, IA, are readily available with LandProz Real Estate LLC. Companies like this one offer premium and fertile land at low prices. Whether you are looking to build or invest, land for sale in Cedar County, IA, is a hot commodity.

Return on Investment (ROI)

The cost of land for sale in Cedar County, IA, is on the rise. As the population grows dense in urban environments, people are spreading further out into rural areas. As the demand increases with a fixed supply, the overall value of the land increases. It is basic economics. Currently, the average cost of rural properties and land for sale in Cedar County, IA, is between 275 and 400 thousand dollars. The average acre sells for between 8 and 9 thousand dollars. Twenty years ago, the average cost of an acre of land was between 1 and 1.5 thousand dollars.

Lumber

Like the value of land, the cost of lumber has increased exponentially. In 2023, the price of lumber has already increased by 14%. Lumber companies will pay you for the trees on your property, so you can make money clearing your undeveloped land. You can use the money to reinvest, pay off land loans, or use it to build.

Conclusion

Due to the price increases in lumber and land value in Cedar County, IA, everyone, from regular middle-class Americans to million-dollar investors, is looking to buy in the area. The cycle of limited supply and increased demand continues to drive the value of land upwards.

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