Douglas County, GA Land for Sale - 144 Properties (2024)

FAQs

How much is one acre of land worth in Georgia? ›

Georgia farm real estate values, a measurement of the value of all land and buildings on farms, went from $3,960 per acre in 2022 to $4,350 in 2023, according to the Land Values and Cash Rents report released Aug. 4 by the USDA's National Agricultural Statistics Service (NASS).

This positions Georgia as a relative value compared to other Southeastern states seeing faster valuation acceleration. Combine that with desirable climate conditions for cash crops, timber, livestock and more plus Georgia's business-friendly tax policies, and owning land emerges as a smart inflation hedge.

Most people who buy land need to take out a loan. Unless you intend to buy your land with cash, the first step is to get pre-approved, just as you would for a mortgage. It's much easier to shop for land if you've been pre-approved.

$4,446 PER ACRE.

In 2022, the average price of an acre of Texas land jumped more than 12 percent to a record high. Texas land values climbed to new heights in 2022. According to the Texas Real Estate Research Center, the average price of an acre of rural land in the Lone Star State reached $4,446.

Add up the value of all the parcels you want to include in your average, if there's more than one. Divide by the total land area. That's your value per acre.

For small investors to truly enjoy the more traditional sense of land ownership, perhaps the best options are timber farms, mineral development lands, vegetable gardens, orchards, vineyards, and recreational land.

THE LAND HAS HIGHER RESALE VALUE.

If you are confused whether to invest in land or a house, just remember more often than not, it is easier to sell a plot than it is to flip a house. The reason is simple: the resale value of buildings depreciate really quickly whereas the value of land increases with time.

If you're buying land to build a house for you or your family to live in, you should save up enough cash to make a down payment of at least 5–10% of your building loan. A 20% down payment is better, though, because it will keep you from having to pay for private mortgage insurance (PMI).

All property in Georgia is taxed at an assessment rate of 40% of its full market value. Exemptions, such as a homestead exemption, reduce the taxable value of your property. Let's say this homeowner qualifies for an exemption of $2,000. The taxable value is then multiplied by the millage rate.

The average cost of building a house in Georgia is approximately $136.93 per square foot. For a typical 2,000-square-foot home, the total construction cost is around $273,860. However, the overall expenses can vary significantly, ranging from $100,000 to $400,000.

Can you homestead land in GA? ›

In Georgia, homestead applies to real or personal property used as a residence, including a condominum or co-op. It does not apply to land owned that is not used as a residence.

If you calculate the entire area of a football field, including the end zones, it works out to 57,600 square feet (360 x 160). One acre equals 43,560 square feet, so a football field is about 1.32 acres in size. So, to answer your question, there are . 75625 football fields per acre.

An acre is also roughly equivalent to the area of four standard-sized city lots in the United States. There are several different ways that an acre can be divided or subdivided. For example, an acre can be divided into halves, quarters, or eighths.

The ten states with the cheapest land are Arizona, New Mexico, Mississippi, Colorado, Arkansas, New York, Missouri, Oregon, Alabama, and Michigan. Arizona is the cheapest state to buy land with a median price of $4,164 per acre.

The value of an acre of land varies quite a bit depending on a number of factors. The average cost of land in the contiguous United States is about $12,000 per acre.

According to the Congressional Research Service, the state of Georgia has a total acreage of 37.29 million acres. Of that total, 5.25 percent, or 1.95 million acres, belongs to the federal government. From 1990 to 2010, the federal government increased its ownership of land in Georgia by 35,046 acres.

It costs about $125 per square foot to build a house in Georgia. So, you would have to spend $250,000 to build a 2,000-square-foot home in Georgia. These costs will vary depending on the exact location, property type, labor costs, material costs, etc.