AFFORDABLE ACREAGE & NEW HOSPITAL IN TRI-COUNTY AREA

By
Real Estate Broker/Owner with Tri-County Realty LLC

Price of acreage in our area is now about double what it was before the big real estate boom of 2005-2006-- that is, $3000 - $6000 per acre, instead of $1500 - $4,000. We do not expect prices to drop further. Of course location is still the critical factor.

We still have a limited housing inventory, especially in Holmes County, but there is a considerable range on the market from affordable to luxury.

We are relying less on comparable sales in recent years to set listing price, trying harder to get a feel for seller's needs and buyer's ability to put some deals together.

Doctors Memorial hospital held grand opening ceremony Thursday Feb. 14 and guided tours were provided throughout the day, with some jubilant Holmes Countians making the scene by wheelchair. This new $17 million facility will have all private rooms, state-of-the art diagnostic facilities, and private intake rooms in the emergency ward. Even a whirlpool bath for invalids.

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