Raw Land or Raw Deal

Raw land and developments are also heavily contingent upon timing. Buying right before a big boom might yield instant riches but also incur a heavy risk.

Right now there are an abundant number of vacant lots are they good investments or not? There really isn't a simple answer; in part, it depends upon the assets versus liabilities inherent to each individual parcel. For example, does the property front a paved road or is it likely to receive a paving assessment what about utility access to water, septic and electricity. Are impact fees paid and included with the sale? These considerations can dramatically influencing the total price versus appeal of a given property.