Welcome to the Second Life Forums Archive

These forums are CLOSED. Please visit the new forums HERE

Buying a plot of land

Cosmic Rust
Registered User
Join date: 17 May 2006
Posts: 23
06-10-2007 13:29
I am looking to buy my first major plot of land but my requirements are road side with water space at the back. Which i've found run by bart heart estates but i wanted to check the price was ok as it seems a little high but it's all i can find with water space and road linked.

1024 sq m
235 prims
$21,000 to buy
$18 US per month in tier or 5000 $L

does that sound about right for the plot?

many thanks
Cristalle Karami
Lady of the House
Join date: 4 Dec 2006
Posts: 6,222
06-10-2007 13:41
That price sounds insane.
Racal Hanner
Ghost
Join date: 16 Jun 2006
Posts: 406
06-10-2007 13:42
This is a very high price for 1024sqm .. the tier from LL would be US$8 .per month. Prims is "1" over the usual 234 provided by LL i.e. 117 per 512 = 234 per 1024 .. L$ 21k is above the price you would normaly pay for mainland .. US$18 per month is US$10 above the usuall tier fee from LL.


My advice is to look around for your land .. sounds like your looking at private estate "rental" ..
Avacea Fasching
Certified
Join date: 23 Dec 2005
Posts: 481
06-10-2007 13:56
1024 should = 234 prims

per month 9.95 for a month to month membership plus $ 8.00 for tier, so yes about $18.00 per month - less with a longer term membership plan.

price per square meter varies depending on location, location and location - $L21000, might be resonable depending on where the plot is and what kind of amenities it has near it, at least on the mainland. for a private island thats a little on the high side, but you would not pay the tier to linden labs.
Raudf Fox
(ra-ow-th)
Join date: 25 Feb 2005
Posts: 5,119
06-10-2007 14:00
From: Racal Hanner
This is a very high price for 1024sqm .. the tier from LL would be US$8 .per month. Prims is "1" over the usual 234 provided by LL i.e. 117 per 512 = 234 per 1024 .. L$ 21k is above the price you would normaly pay for mainland .. US$18 per month is US$10 above the usuall tier fee from LL.


My advice is to look around for your land .. sounds like your looking at private estate "rental" ..


I think it's 9.95 + 5 USD a month from LL. Keep in mind with the 9.95, you get 512m2 'free.' So, they'd only have the other 512 to pay for. That would bring it to... 14.95 USD per month. So, the private estate is roughly 3.05 USD more than the LL's cost for mainland.

If you are going for private estates, you may want to look at the covenant. It may not allow you to do what you want with the land, and if owner decides to up and leave SL, you are out of luck on getting your L back. But with many private estates, you run less risk of being stuck next to the most hideous builds imaginable.
_____________________
DiamonX Studios, the place of the Victorian Times series of gowns and dresses - Located at http://slurl.com/secondlife/Fushida/224/176

Want more attachment points for your avatar's wearing pleasure? Then please vote for

https://jira.secondlife.com/browse/VWR-1065?
Nina Stepford
was lied to by LL
Join date: 26 Mar 2007
Posts: 3,373
06-10-2007 14:09
cosmic if you are really turned on by the land and are sick of looking just pay the 21k. while on the high side its not unheard of by any means.
Racal Hanner
Ghost
Join date: 16 Jun 2006
Posts: 406
06-10-2007 14:11
the US$18 per month is unheard of though ..

As raudf says .. premium is US$9.95 ( includes 512 ) plus tier US$5 for 512 = 1024 .. total = US$14.95 .per month....... .US$18 per month tier is over the top .. but as posted it's a "buyers market" if Your happy with Your location and US$1000k is go with You .. then...............
Cosmic Rust
Registered User
Join date: 17 May 2006
Posts: 23
06-10-2007 14:18
thanks for all the advice, it is private land yeah, i guess as it's the perfect plot for me I've got no choice but to pay!

thanks again
Nina Stepford
was lied to by LL
Join date: 26 Mar 2007
Posts: 3,373
06-10-2007 14:19
well, it may be worth it anyways. maybe that $18 covers tier all the way to 2048m. then he could maybe buy primland. or maybe he can tell the estate owner to keep the extra 1 prim and pay lower tier.
Dana Hickman
Leather & Laceā„¢
Join date: 10 Oct 2006
Posts: 1,515
06-10-2007 14:36
From: Racal Hanner
the US$18 per month is unheard of though ..

Yeah, ditto that. The monthly charge should be around $8 for that amount of land (1st charged tier increment is $5 for 512m, 2nd increment is $8 for 1024m). You dont need a premium account to rent on an island so that extra $10/month you'd be paying is MARKUP!
That, coupled with the fact that you CAN NEVER OWN THE LAND on a private island, only rent it, makes this a horrible deal. If that was around 8-10 bux a month total tier then thats a different story.
Raudf has the best suggestion... pay the 9.95/mo premium fees to LL, buy a 1024m lot that fits your needs on the mainland, and only pay land tier on HALF of that land (your first 512m is tier free if you buy mainland). Paying $14.95 and owning it is lots better than $18 and NOT owning it.
Jannae Karas
Just Looking
Join date: 10 Mar 2007
Posts: 1,516
Premium membership and land purchase
06-10-2007 14:37
You can save even more by getting the quarterly membership (I'd stay away from annual. You may tire of SL before you use it up). You will also get 300$L per week, a value of a little over $4 US a month, and a signing bonus in L$ (forgot how much).

If you are not buying on the mainland, you may get a better deal if you rent. Smaller up front expense, and easy to move if things don't work out (they frequently don't on the mainland in my experience). There are some great bargains around for rental. On the mainland you may get a discount on rent if you donate your free 512 tier to the landlord's group.

On private sims, I think renting is the best way to go. A big up front expense that can go away if things go south with the landlord should be avoided. Lot's of great deals on fabulous places if you are patient enough to shop around. Actually I find the shopping around to be great fun, even though my present property situation is hard to beat.

Land on private sims often shows up as for sale, as you pay a nominal fee for "ownership" so you can set options and build on the land, etc. I wouldn't pay more than a couple of hundred L$ for this. Even the ones that want a big up front fee are going to charge you a big tier, for what is basically a rental anyway.
Jackson Rickenbacker
Registered User
Join date: 8 Oct 2006
Posts: 601
06-10-2007 21:31
From: Racal Hanner
the US$18 per month is unheard of though ..

As raudf says .. premium is US$9.95 ( includes 512 ) plus tier US$5 for 512 = 1024 .. total = US$14.95 .per month....... .US$18 per month tier is over the top .. but as posted it's a "buyers market" if Your happy with Your location and US$1000k is go with You .. then...............



I charge 9 USD for a 1024 plot, 18 USD for a 2048 plot. Class 5. On a private sim you get CS which is nonexistant on mainland, you get the garantee that a spam farm isnt going to popup next to you and ruin your land value, you get a faster enviroment with less lag, and you actually get to know the estate owner on a personal basis.

And to the guy that said private sim land is purely rental, please, dont comment unless you really know what your talking about! the only thing different from mainland ownership to Sim land ownership is who YOU pay your tiers to, nothing more.
Lord Steadham
Registered user
Join date: 26 Mar 2007
Posts: 312
06-10-2007 21:41
From: Jackson Rickenbacker
And to the guy that said private sim land is purely rental, please, dont comment unless you really know what your talking about! the only thing different from mainland ownership to Sim land ownership is who YOU pay your tiers to, nothing more.


No, there's one more small detail that you are leaving out: the private sim owner can eject you at any time for any reason and you would have no legal recourse. Newbies need to be made aware of this fact, even though I'm sure you'd never do it.
_____________________
Jackson Rickenbacker
Registered User
Join date: 8 Oct 2006
Posts: 601
06-10-2007 21:46
From: Lord Steadham
No, there's one more small detail that you are leaving out: the private sim owner can eject you at any time for any reason and you would have no legal recourse. Newbies need to be made aware of this fact, even though I'm sure you'd never do it.




Steadham I would argue with you that LL can do the same thing at anytime they want, so therefore the same rules apply to both mainland and sim land, you cant call one ownership and another rental for doing the same thing. I personally treat my covenants as a contract between a buyer and myself, and have never reclaimed land without violation of covenants contract.

Of course there are less legitimate sim owners out there, a buyer does need to do thier research. LL can reclaim land for whatever reason or no reason if they feel like it but its still called ownership on mainland AND on simland

And also a note on the Sim owner mentioned at the begining of this thread, his is well known by sim owners to be "gaming" the land search system and abusing it posting false sale prices enticing buyers to come to his land with super low prices, only once you teleport do you find out the prices you came for are actually reservations and not actual purchase prices. If I was a buyer I would see this as a sample of how this gent does business
Lord Steadham
Registered user
Join date: 26 Mar 2007
Posts: 312
06-10-2007 21:53
From: Jackson Rickenbacker
Steadham I would argue with you that LL can do the same thing at anytime they want, so therefore the same rules apply to both mainland and sim land, you cant call one ownership and another rental for doing the same thing. I personally treat my covenants as a contract between a buyer and myself, and have never reclaimed land without violation of covenants contract.

Of course there are less legitimate sim owners out there, a buyer does need to do thier research. LL can reclaim land for whatever reason or no reason if they feel like it but its still called ownership on mainland AND on simland


I was not the one calling one ownership and the other a rental. I have just heard about a dozen stories of private sim owners ejecting people because they were taking the money and running and the only reason I have ever heard of LL doing it was because someone did not pay their tier fees. Again, that is why the person needs to do his/her homework and "buy" estate land from someone reputable like you, Kandee Herrey, Sarah Nerd or Desmond Shang.
_____________________
Jackson Rickenbacker
Registered User
Join date: 8 Oct 2006
Posts: 601
06-10-2007 21:58
From: Lord Steadham
I was not the one calling one ownership and the other a rental. I have just heard about a dozen stories of private sim owners ejecting people because they were taking the money and running and the only reason I have ever heard of LL doing it was because someone did not pay their tier fees. Again, that is why the person needs to do his/her homework and "buy" estate land from someone reputable like you, Kandee Herrey, Sarah Nerd or Desmond Shang.



Well thank you for that vote of confidence, I might actually start calling you lord instead of just " Steadham"

Alot of time you might hear stories, but remember there is always two sides to a story. I can tell you from personal expereince that from the few that have lost thier land due to failure to pay tier after 10 days. They are upset and mad and are likely to say just about anything to discredit you as a sim owner

Just a estimation of total sim owners, I would say that there is about 1000 sim owners, but only about 10% of them sell land, so that would be about 100 sim owners. Again just a estimation. but with 100 sim owners your bound to have some bad eggs, and those couple bad eggs im sure are the ones you have heard the stories about.
Lord Steadham
Registered user
Join date: 26 Mar 2007
Posts: 312
06-10-2007 22:02
From: Jackson Rickenbacker
Well thank you for that vote of confidence, I might actually start calling you lord instead of just " Steadham"

Just a estimation of total sim owners, I would say that there is about 1000 sim owners, but only about 10% of them sell land, so that would be about 100 sim owners. Again just a estimation. but with 100 sim owners your bound to have some bad eggs, and those couple bad eggs im sure are the ones you have heard the stories about.

and I would also add that none of these horror stories have surfaced lately. And overall, private sims are a much better deal than mainland: No rotating ads, less lag, prettier areas, nicer neighbors etc.
_____________________
Conifer Dada
Hiya m'dooks!
Join date: 6 Oct 2006
Posts: 3,716
06-11-2007 00:57
About a week ago I NEARLY bought 1024 roadside - flat, rectangular with straight road frontage, for 12,000 - it was later reduced to 11,000. This was a bargain, but I dithered and missed it. There was even a 512 plot behind for 6,000 that could have been added to make a 1536 rectangle. If only I'd bought all that!

For roadside land, expect to pay quite a bit more, generally. What might seem 'silly' prices might also be the only prices you can get roadside land at, unless you hunt around and strike very lucky.

Remember that land is often worth a lot more to someone who wants a particular plot than it is on the general market. People are willing to pay over the odds for land adjoining their homes or in the same sim for extra prim use.
Jannae Karas
Just Looking
Join date: 10 Mar 2007
Posts: 1,516
Renting on a sim
06-11-2007 07:20
I guess I'm the "guy" referred to by Jackson.

My main point was that in order to find private sim rentals in search, they show up in land search for sale.

As I also am a land "owner" on a beautiful private island, I am definately pro-private sim. On the other hand it pays to do your shopping. I got a nice deal of almost 4096 for 200L$ and weekly tier of 1412L$ with a 5% discount for 4 weeks rent paid at a time. I have a wonderful landlord, and almost full control of the land (he controls terraforming which is fine by me).

I have seen some other great deals out there, including themed sims with very nice houses and big prim limits at great weekly rates with nothing paid up front.

Be patient and search. Your perfect place is out there at the price you are willing to pay.
Calveen Kline
In pursuit of Happiness
Join date: 5 Jan 2007
Posts: 682
06-11-2007 13:00
I wonder why you want to have road access AND beach access, in an island. It's not likely that you'll see cars go by anytime soon. I used to rent a corner parcel in an island that had a sidewalk around the sides. I thought it was neat at first, and it just became boring after a while when I realized it was just a waste of real estate. Now, if it's for cushioning from prying neighbors, well, you're in an island...
Bart Heart
Valentine Heart Inc.
Join date: 13 Jan 2006
Posts: 7
06-08-2008 20:38
Wow I have never looked at the SL Forum before today and came across this post. I just wanted to clear one thing up about this post. All my land is double prims so it would of been 468 prims for the land post above, with is close to what LL charges for the same amount of prims. the advantage and extra cost is because we have someone online 24/7 to help you with any problems or questions, you get what you pay for.
Raymond Figtree
Gone, avi, gone
Join date: 17 May 2006
Posts: 6,256
06-08-2008 21:03
From: Bart Heart
Wow I have never looked at the SL Forum before today and came across this post. I just wanted to clear one thing up about this post. All my land is double prims so it would of been 468 prims for the land post above, with is close to what LL charges for the same amount of prims. the advantage and extra cost is because we have someone online 24/7 to help you with any problems or questions, you get what you pay for.
LOL. Glad you are able to clear that up, albeit a year later.

It also proves you are not a fly-by-night estate owner. :)
_____________________
Read or listen to some Eckhart Tolle. You won't regret it.
Davin Romano
jerk
Join date: 21 Mar 2008
Posts: 384
06-08-2008 21:25
I tried recommending an estate owner to a friend since you pay tier only with nothing up front. His response was that he wants to own rather than rent the land. And we're not talking mainland of course. I didn't even want to get into it, so I backed off.. All I was trying to do was say how happy I was with my land owners and the price for the prims. They can go pay the big upfront all they want, no bother to me. lol

As to the OP, if this is estate land, that price seems insane..edit I just relized this is a year old post. :)
Raymond Figtree
Gone, avi, gone
Join date: 17 May 2006
Posts: 6,256
06-08-2008 21:29
From: Davin Romano
edit I just relized this is a year old post. :)
Almost a year old to the day. This is the oldest necro-revival I've ever seen.
_____________________
Read or listen to some Eckhart Tolle. You won't regret it.