Fella called and said he needed a survey done before closing in 2 weeks and that it was 5.4 acres and I thought, OK that might be possible for the right price. The he said that the lot is very odd shaped and looks like a "U". I have never seen anything like this. I don't even know where to begin on trying to work up a price. I assume he has a long access easement to get to this thing.
I forgot to make it a viewable image without clicking on it.
Is it narrow enough that you could make circular traverse loop through it or are you going to have a make a U shaped traverse that looks like the boundary?
A thousand an acre comes to mind...
Wut tha?!?!
I see one big squarish parcel with a square hole cut out of it. No big deal.
In any case, or the deadline like that, I wouldn't be wasting time with an estimate. It would just be a T&M thing. $5000 retainer to start.
Some kind of spite thing going on? Poorly written divorce decree?
Oh,now, that's cute. ?ÿLooks like the guy who bought the square in the middle refused to buy the remainder at any price, so the seller kept it in hopes of unloading it on some city slicker. ?ÿThat would be the fellow calling you.
Is the ground steep and have dense ground cover to fight through? ?ÿThat would greatly increase my estimate.
I see one big squarish parcel with a square hole cut out of it. No big deal.
In any case, or the deadline like that, I wouldn't be wasting time with an estimate. It would just be a T&M thing. $5000 retainer to start.
Brother, there is no way in heck you would get a $5k retainer around here as the top market price for the complete survey around here for that would probably be between $4k to $6k. And I can assure you some dumba$$ will do it for $3k or less.
I will not live to see the day to actually be able to get a retainer of $5k on a property such as I posted much less significantly more.?ÿ It should be noted that the four corners in the middle square are not monumented as per the original plat. Yes you read that right, the four corners surrounding the house were not set and the plat is labeled that way.?ÿ
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So what was the deal, was the house a mortgage that was foreclosed?
In this case the client has needs, so you may be able to make demands. If he really does need this done in 2 weeks he doesn't have time to screw around with price shopping. And can he risk the $3k guy not delivering on schedule??ÿ
The interior parcel not being monumented isn't really a problem. It's much better, for you, than if they had once been there and had all been destroyed.?ÿ?ÿ
OUAT there was a regular poster to this board (or a predessessor board, I can't remember) that proposed a rule of thumb of $1 per lineal foot of boundary. I seems to work, ballpark.?ÿ Using that rule I'd guess that the price would come to around $7500. Applying inflation would put it higher.?ÿ ?ÿ
So what was the deal, was the house a mortgage that was foreclosed?
No idea Tommy, I got a call from the fella looking to buy the U shaped lot. He about had a coronary when I told him the potential cost to survey that ridiculous lot.
In this case the client has needs, so you may be able to make demands. If he really does need this done in 2 weeks he doesn't have time to screw around with price shopping. And can he risk the $3k guy not delivering on schedule??ÿ
The interior parcel not being monumented isn't really a problem. It's much better, for you, than if they had once been there and had all been destroyed.?ÿ?ÿ
OUAT there was a regular poster to this board (or a predessessor board, I can't remember) that proposed a rule of thumb of $1 per lineal foot of boundary. I seems to work, ballpark.?ÿ Using that rule I'd guess that the price would come to around $7500. Applying inflation would put it higher.?ÿ ?ÿ
Most every acreage tract I price is based on a linear foot price.
Few more corners than a square, odd shape, but doesn't look to be an extreme survey problem to me.
I would agree with Tommy Young, it looks like a classic mortgage deed that has been foreclosed on.
The U shaped parcel being the remainder.
It would be important to know who is buying,?ÿ who is paying, why and what the end game is.
If it's the owner of the house, then it?ÿwould be putting back the original deed together, may not even need a survey just some title work to put it back together.
If the person who is paying is the guy who was foreclosed on, then I wouldn't be interested.
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?ÿHe about had a coronary when I told him the potential cost to survey that ridiculous lot.
If he had a fit about the survey cost, he must be OK with the price he's paying for the land.?ÿ What does something like that sell for?
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