What is the cost of a buildable lot in Maine

Posted on January 12, 2007


 Buildable lots available by county:

                    Inventory       Avg. Price/Lot             Avg. Price/Acre           

York:                  302                146K                           283K 
Cumberland:      454                153K                           175K
Sagadahoc:          76                112K                           122K
Lincoln:              120                131K                           198K 

Conclusions: The average cost of a build able Maine lot does not vary significantly as one ventures North. All counties contain waterfront property and thus there is a large discrepancy in pricing between the haves and the have nots with regard to water frontage.   In all 4 counties many non-shoreland residential build able lots can be found in the 40K-60K price range while an equally large concentration of waterfront lots can be found with entry level pricing at 150K and on up through 1 million for select locations.

**Property examined included the current inventory of residential/rural lots under 2 acres in size   
**Data was derived from MREIS IDX and compiled by myself. I apologize if errors are found.    

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