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What is an Acre of Land? Over the years, while working as a real estate agent, one of the more common questions I've received is how much is an acre of land. Sometimes the person asking is wondering how large is an acre in terms of square feet, and other times they want to know the value of an acre of land. If you are planning on buying some land, you might be wondering how much is an acre going to cost? With residential lots often measured as part of an acre, it isn’t surprising that many people want to
Lots of consumers ask real estate agents about the value of land. Some folks really know little about land. One of the more frequent questions they will ask is how many acres is the property.
Surprisingly some do not know the size of an acre which is 43,560 square feet. Of course, these are almost always first-time buyers who have never bought a home before.
In terms of actual size, some will ask how much is an acre. They may even ask real estate agents where the lot lines are so they can have a better handle of what the size of an acre looks like. In real estate sales, pointing out lot lines is taboo.
It really is an easy way to end up getting sued. Smart real estate agents never represent where lot lines are located. Instead a lot diagram should be given and let the buyer figure it out on their own.
To give you an understanding of what an acre looks like a football field is equal to 1.32 acres when you include the end zone areas.
In the article at Maximum Real Estate Exposure, learn some of the key things you need to know when buying land.