Question

Why was the Louisiana Purchase regarded as one of the greatest real estate deals in history?

Answer 1

The Louisiana Purchase was a big deal. The United States was having issues using the port of New Orleans. ... Not only would we control New Orleans and the Mississippi River, our land would extend to the Rocky Mountains and to Canada. This was a great opportunity for our country.

Answer 2

In 1803, the United States doubled in size when President Thomas Jefferson agreed to buy 828,000 square miles of land from France. This real estate deal came to be known as the Louisiana Purchase. Many scholars have called it the biggest feat in Jefferson's presidency because it so radically changed the United States.