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IRON COUNTY EQUALIZATION
DEPARTMENT |
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2 SOUTH 6TH STREET,
SUITE 13 |
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CRYSTAL FALLS, MI
49920 |
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(906) 875-6502 |
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2006-2007 AVERAGE
LAND VALUE GUIDE |
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The following is a listing of general land values
for property in Iron County. |
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We emphasize these to be general in nature. Each parcel should be considered |
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on its own merits. The averages
and ranges given are derived from an ongoing |
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two-year sales study. This guide is distribued to each assessor to assist in |
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the updating of individual property assessment cards. |
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AVERAGE SALES |
RANGE |
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BUILDING SITES |
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PRICE PER ACRE |
PER ACRE |
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1 ACRE |
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3300 |
2500-5000 |
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5-10 ACRES |
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2200 |
1500-3000 |
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RECREATIONAL/TIMBER |
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20 ACRES |
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1750 |
1300-2100 |
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40 ACRES |
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1375 |
875-1850 |
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SWAMP/LOWLAND |
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1000 |
875-1025 |
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River frontage with low frontage, poor road
access |
35-165 PFF |
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River frontage with good frontage and road access |
165-385 PFF |
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Lake frontage with no access or power |
440-550 PFF |
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Lake frontage with average access, no power |
550-660 PFF |
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Lake frontage with secondary road and power |
660-770 PFF |
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Lk. frontage with power, primary road, ave/good
lake |
770-880 PFF |
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Lk. frontage with power, primary road, good/exc
lake |
880-1100 PFF |
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AVERAGE LAND INCLUDES THE FOLLOWING FEATURES: |
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Year round road, good gravel or paved |
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Electricity on or very near site |
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Reasonable cover, trees and/or nice field |
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Typical road frontage for parcel size, gravel or
paved |
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