Urban's Journal- It is no more.

[mandieg4]

Does your county tax assessor have their records online? You can check to see what it's valued at and sometimes it will tell you what it last sold for or what similar lots have sold for. The county has our 5 acres valued at only $20,000.

 

[lorihadams]

One acre here goes for 7-10,000 depending on area. There was 10 acres across the street from us for sale but I think they just sold it....for nearly $300,000

It's all relative darlin'......we looked for a long time before we finally found a place that we loved. Our first home cost us $104,000. That was a 3BR 2BA ranch style house with 1100 sq ft on 3 acres of land way out in the boonies. Our payments were (and still are until we sell it ) $743/month. This mortgage co lumps in the personal property taxes on the house though and spreads them out over the next 12 payments so that makes things a little easier.

You just really have to know what you want and don't want. You'll know in your heart when you find it though. Keep your chin up, it'll get better!

 

[dragonlaurel]

Hubby is being very supportive so I am thankful for that. We found another spot we are going to look at. Its a bit further. The listing says 11 acers for 44,000. We are gonna look at it. Is 40,000 good or bad for 5 1/2 acers? It is right off a state park after all.

$ 8,000 per acre is alot unless it has some good improvements on it, like a usable road, some building or fencing, utilities at the property or close to it. A perc test is good too.

Check the zoning and land use restrictions for the area. Some places wont allow certain livestock, or wont allow full time occupancy even. You don't want to buy a place and find out your dreams are illegal on that street.

11 acres for $44, 000 sounds okay. Make sure you have easy access to the property, and that it is in writing, Even a good neighbor that never minded your easement cutting through the corner of their property could move and get replaced with someone " less reasonable".

Also -Look at the flow of the landscape. Where would storm water go to? Are any places likely to turn into a marsh instead of a driveway? Streams get much bigger after a storm. What is downhill of it? Is the road eroded already? Imagine driving on it covered in ice. Being able to come and go safely may be worth some extra money.

I don't want to discourage you, but I want you to know if what your seeing is a good deal and if it would probably be a safe place for your home. If it's undeveloped but safe about flood plains, and just a bit more than the going price - ask if they wold take less.

Check the values on a few similar places around, and look for sale signs in the same area on your way to see it. You might have more options, or just make a better deal.

 

[dragonlaurel]

Hope things get better for you fast. (((HUG)))

 

[Farmfresh]

$10,000 to $15,000 an up an acre around here as well.

Problem is you are competing against developers!!!

 

[Denim Deb]

Around here, you cannot get a lot in town for that kind of money. There's a farm for sale around here, 140 acres for 1.5 million. And, I don't think they'd take a rubber check. As much as I'd love to get my own farm, I may have to move out of state to do so. Of course, I'd then have to pay an exit tax.

 

[urban dreamer]

 

[TanksHill]

Sometimes people just don't get it. For the past couple years I have been canning, storing, and just getting my ducks in a row for emergency preparedness. Everyone joked about it. Ha crazy lady storing food. This past year after my dh lost his job. I had everything I needed. From personal items to food.

I don't tell them what I am doing any more. They don't need to know.

I wish you the best of luck on your search. Not sure if you have the Back to Basics book but the have a great chapter on looking for your homestead. Little things you might not think of.

gina

 

[Farmfresh]

We looked at a LOT of property for a LONG time before buying our house. I think it is a good idea. If nothing else you will learn a bunch and tell any grumpy Gus that you know... if you buy land it is always a good idea because land is something they just are not making any more!

 

[Dace]

I agree with FF...there is a lot to know and learn about buying property and with each piece of land that you look at and each agent/seller that you talk to you will learn a little bit. Don't rush! That will be your biggest mistake because you are you and do not have someone guiding you.

Take your time and look at lots of land...then you will be prepared to actually choose one that will suit your needs. You don't want to get burned!