What do NWC and NEC mean? In a listing there is a higher NWC price and a lower NEC price for vacant land.

In Selling Property - Asked by Victoria N. - Aug 1, 2012
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Answer(s)

Tim B.
Broker/Agent
Jackson, WY

Northwest corner and Northeast corner.

Aug 1, 2012
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Michael E.
Broker/Agent
Houston, TX

The two acronyms stand for North West Corner and North East Corner. There may be many reasons for the difference in prices for the two tracts including floodplain issues, access to utilities (water and sewer as opposed to well and septic), and possibly one tract may be on the "going home" side of the street while the other is not. I would advise consulting with a real estate broker in the area to tell you more about the tracts and neighborhood.

Aug 1, 2012
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