BEST ANSWER
FIRST ANSWER
Property values in the Missoula area have increased dramatically since 2003 (single family homes have increased by over 30%, bare land by even more)
2008 bare land Stats: The median sold price for .....
...less than 1 acre in the Missoula area was $79,900
...1-5 acres in the Missoula area was $145,803
The fact is that you can't use values from 2003 to determine current market value - The only way to determine a "realistic and fair price" is to analyze comparable bare land sold within the past 3-6 months
Sun Jan 25 2009, 03:21
Fair Housing and Equal Opportunity