Buy vacant lot next door?

We have the opportunity to buy the vacant lot (3 acres) next door so that the owner will not build on it. However they are asking double the appraisal ($800,000). We can technically afford it, and would love to avoid living next door to construction (and having neighbors so close), but it also seems like an awful waste of money in many respects.

Husband and I are divided on what to do…

I’d like to wait, hopefully they’ll come down in price, but we risk losing it. Husband would like to purchase and stop thinking about it.

submitted by /u/abceasyasonetwothree
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We have the opportunity to buy the vacant lot (3 acres) next door so that the owner will not build on it. However they are asking double the appraisal ($800,000). We can technically afford it, and would love to avoid living next door to construction (and having neighbors so close), but it also seems like an awful waste of money in many respects. Husband and I are divided on what to do… I’d like to wait, hopefully they’ll come down in price, but we risk losing it. Husband would like to purchase and stop thinking about it. submitted by /u/abceasyasonetwothree [link] [comments]

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