It all comes down to leverage. Like the kind of leverage you get when a corner of your property is essential to a giant government project like a major highway expansion. That’s when your $9 piece of land can go for $500, and could have gone for $2,509 if you had been stubborn enough. Read more about a couple of property owners in the Houston area cashing out in the name of progress (subscription may be required).
How a $9 piece of land goes for $500