|
Off Topic Off Topic - General non-Corvette related discussion. |
|
Share | Thread Tools | Search this Thread |
05-13-2020, 4:21pm | #1 | ||||||
Barn Stall Owner #16A
Barn Stall Owner #16B NCM Supporter '11,'13 Bantayan Kids '13
Join Date: Jan 2011
Location: NW FL
Posts: 50,576
Thanks: 10,137
Thanked 13,008 Times in 7,318 Posts
Gameroom Barn Bucks: $602908
|
Buying vacant land for recreational use [acreage question]
I'm considering trading a free and clear house in the city for 10 acres of land that is pretty much just what I would want ... no need to pay any sewer/water tap fees, it's already cleared just the way I would clear it if I had to clear it, it's about as rural as it can get (which is what I want), has utility services already in place - power, landline telephone, and a co-op water service which is pretty affordable, and a very usable 4G cellphone service. There is a septic tank that works.
It even has a pull-thru double RV Metal roof shelter so I can park my 43' Glamper-Model fifth wheel and leave it up there. The F-450 Dually would sit comfortably in the other sheltered space. There are two other portable outbuildings. I don't know if they leak but they are probably good for something. There are two good-sized rooms built on either side of the metal roof - one has a water heater, washer and dryer connections, and what looks like toilet and tub plumbing connections. There is a toilet and a new fiberglass tub surround that have never been installed. There is also a very old (70's or 80's) junk fifth wheel that could be sold, moved and used as storage, or trashed. It's fifteen minutes to the County Seat... plenty of shopping, EMS, fire, hospital are all right there. There is paved and well-marked access all the way up to the property, which has about a 1/3 to 1/2 mile dirt driveway. Couple of security gates... just enough neighbors within a few miles to suit me... a big chain link fenced-in area around the camper which is cleared enough to discourage snakes and maybe a few other critters to protect Molly... heck, it's just what I've been looking for. If the wind is blowing just right you can barely hear a train whistle. I know at least one of you regulars owns vacant property that you use for RV/camping/weekend getaways. My question is, have any of you that own such property found that you regret having bought it? Either you underestimated how much/little time you would be using it, or you find you're trying to sell it and it's harder than you thought it would be, etc? Help me avoid making a mistake before it's too late. It sure looks like a little slice of heaven to me. Obligatory Pics I LOVE the deer moss!! |
||||||
05-13-2020, 4:36pm | #2 | ||||||
Barn Stall Owner #1000
1000th member NCM Supporter '13 Bantayan Kids '13
Join Date: Feb 2011
Location: Bama
Posts: 12,783
Thanks: 6,069
Thanked 4,827 Times in 2,645 Posts
Gameroom Barn Bucks: $2425793
|
What is the average price for an acre of land in that area?
|
||||||
The Following User Says Thank You to LisaJohn For This Useful Post: |
05-13-2020, 4:42pm | #3 | ||||||
Barn Stall Owner #16A
Barn Stall Owner #16B NCM Supporter '11,'13 Bantayan Kids '13
Join Date: Jan 2011
Location: NW FL
Posts: 50,576
Thanks: 10,137
Thanked 13,008 Times in 7,318 Posts
Gameroom Barn Bucks: $602908
|
I’ve seen $3500 an acre for land that you can’t build on or put a septic tank- up to $7500 /acre with features like stocked ponds/lakes or rivers.
|
||||||
05-13-2020, 4:46pm | #4 | ||||||
Barn Stall Owner #16A
Barn Stall Owner #16B NCM Supporter '11,'13 Bantayan Kids '13
Join Date: Jan 2011
Location: NW FL
Posts: 50,576
Thanks: 10,137
Thanked 13,008 Times in 7,318 Posts
Gameroom Barn Bucks: $602908
|
I’d like to estimate what it would cost to turn a piece of vacant land into what this property is. I don’t know how to price putting in power lines, water line, phone line. Water tap fee is $2500. Lots of properties I’ve looked at have either no cell service or it’s barely usable. Fences can be pricey.
Anyone know how much a metal roof and enclosed rooms like this would cost, with a slab? Septic tank also. |
||||||
05-13-2020, 4:47pm | #5 | ||||||
Barn Raising II,III
NCM Supporter '13 Bantayan Kids '17
Join Date: Oct 2009
Location: I could never live there.
Posts: 339,934
Thanks: 200,281
Thanked 30,508 Times in 14,293 Posts
Gameroom Barn Bucks: $108033784
|
Looks like a nice little set up. If that is what you're looking for, what is holding you back? Other people's experiences may or may not match your own...
|
||||||
05-13-2020, 4:50pm | #6 | |||||||
Barn Stall Owner #16A
Barn Stall Owner #16B NCM Supporter '11,'13 Bantayan Kids '13
Join Date: Jan 2011
Location: NW FL
Posts: 50,576
Thanks: 10,137
Thanked 13,008 Times in 7,318 Posts
Gameroom Barn Bucks: $602908
|
Quote:
I can always put a mobile home single or double wide on the first half and rent it out. I’m a professional landlord so that doesn’t scare me any. |
|||||||
05-13-2020, 4:52pm | #7 | |||||||
Sparkles Flambeaux
Barn Stall Owner #4 Barn Raising I,II NCM Supporter '13,'14,'15,'16,'17,'21 Bantayan Kids '13,'14,'15,'17
Join Date: Jan 2011
Location: Santa Fe, NM
Posts: 61,467
Thanks: 11,772
Thanked 33,024 Times in 14,164 Posts
Gameroom Barn Bucks: $17500122
|
Quote:
phone line, say 2k (why not use cell?) well digging, about 30-35/foot depth concrete slab, say 6" with rebar, say 15/sf roof structure and cover, say 15/sf fencing, 10-25/linear foot (lower end of range for barbed wire, upper for chain link) |
|||||||
The Following User Says Thank You to DAB For This Useful Post: |
05-13-2020, 4:54pm | #8 | ||||||
Barn Stall Owner #1000
1000th member NCM Supporter '13 Bantayan Kids '13
Join Date: Feb 2011
Location: Bama
Posts: 12,783
Thanks: 6,069
Thanked 4,827 Times in 2,645 Posts
Gameroom Barn Bucks: $2425793
|
Son bought land last year for $2500 an acre in a rural county. Just thinking out loud....if you bought the property you could give it a test run living on it and sell city house later. Think about 10 acres @ $5000 and think about the value of your current free and clear home. Just my .02.
|
||||||
The Following User Says Thank You to LisaJohn For This Useful Post: |
05-13-2020, 4:54pm | #9 | |||||||
Barn Raising II,III
NCM Supporter '13 Bantayan Kids '17
Join Date: Oct 2009
Location: I could never live there.
Posts: 339,934
Thanks: 200,281
Thanked 30,508 Times in 14,293 Posts
Gameroom Barn Bucks: $108033784
|
Quote:
|
|||||||
05-13-2020, 4:58pm | #10 | ||||||
Barn Stall Owner #16A
Barn Stall Owner #16B NCM Supporter '11,'13 Bantayan Kids '13
Join Date: Jan 2011
Location: NW FL
Posts: 50,576
Thanks: 10,137
Thanked 13,008 Times in 7,318 Posts
Gameroom Barn Bucks: $602908
|
No wife!
It’s just Molly and me. |
||||||
05-13-2020, 5:05pm | #11 | ||||||
A Real Barner
Join Date: Dec 2010
Location: Northern California
Posts: 33,993
Thanks: 14,302
Thanked 12,309 Times in 5,942 Posts
Gameroom Barn Bucks: $2214590
|
Looks nice. My only advice would be to have all the infrastructure that is there inspected to make sure it all functions, is up to code, is relatively energy efficient, etc. Not that I would expect any deal-breakers there, but it's always good to know what may require some attention in the future.
|
||||||
05-13-2020, 5:10pm | #12 | ||||||
Barn Stall Owner #16A
Barn Stall Owner #16B NCM Supporter '11,'13 Bantayan Kids '13
Join Date: Jan 2011
Location: NW FL
Posts: 50,576
Thanks: 10,137
Thanked 13,008 Times in 7,318 Posts
Gameroom Barn Bucks: $602908
|
|
||||||
05-13-2020, 6:33pm | #13 | ||||||
A Real Barner
Join Date: Apr 2019
Location: North Carolina
Posts: 17,281
Thanks: 4,928
Thanked 23,926 Times in 9,935 Posts
Gameroom Barn Bucks: $315482
|
If water power and septic already there that's a huge plus, cost of those new can be expensive and have to be to current codes. If it didn't have those price better be low.
Only issue i really had and others i have known have had was vandalism and outright theft. Anything I had on property like that better be insured and or secured very well or it gets gone no matter the neighbors. Guy 2 houses down from me had a box truck back up to frt door and empty his house before I moved out here in the middle of the day. I had a trailer they tried to steal when I was building even, tried to cut the chains wrapped thru the wheels and axles. Good chain paid for itself. Had friends that had half their stuff stolen from paintball field, they came in a back way. |
||||||
The Following User Says Thank You to Rodnok1 For This Useful Post: |
05-13-2020, 6:39pm | #14 | ||||||
10cm member
Barn Stall Owner #90125 NCM Supporter '19,'20
Join Date: Jan 2011
Location: Houston, Tejas, Estados Unidos
Posts: 81,871
Thanks: 37,121
Thanked 41,430 Times in 17,235 Posts
Gameroom Barn Bucks: $2621492
|
Whatever the cost is, you will make it up in just a few meth cooks in that old 5th wheel. I would just buy it.
|
||||||
05-13-2020, 6:46pm | #15 | ||||||
Latin American Goat Roper
Barn Stall Owner #101 Bantayan Kids '13
Join Date: Nov 2009
Location: Orange Park Florida
Posts: 60,718
Thanks: 32,900
Thanked 11,561 Times in 5,701 Posts
Gameroom Barn Bucks: $1138393
|
May want to investigate the region/area really close as to others living out there, specifically public housing projects and the type of folks living close enough to know your place.....
my folks moved to a nice place that turned out within a few years to have a project built about 1/4 mile away......city folks moved in and their house got broken in and cleaned out about 6 times or more in the 30 years they were there.....thankfully they did not get attacked ...... Today, no bets on that...... |
||||||
The Following User Says Thank You to mrvette For This Useful Post: |
05-13-2020, 7:00pm | #16 | ||||||
Barn Stall Owner #45
Barn Stall Owner #1911 Coffeeholic Bantayan Kids '13
Join Date: Jan 2011
Location: In the Ozarks
Posts: 6,203
Thanks: 1,981
Thanked 3,091 Times in 1,458 Posts
Gameroom Barn Bucks: $1021454
|
If you hear banjo music and happen to have a purty mouth, you might want to reconsider.
|
||||||
The Following User Says Thank You to Ol Timer For This Useful Post: |
05-13-2020, 7:02pm | #17 | ||||||
A Real Barner
Join Date: Feb 2011
Location: GA
Posts: 19,015
Thanks: 9,674
Thanked 7,050 Times in 3,110 Posts
Gameroom Barn Bucks: $46272
|
Get a perc test. How much road frontage? Pull some comp's on the city property and this property.
|
||||||
05-13-2020, 7:43pm | #18 | ||||||
Administrator
Barn Stall Owner #14 Barn Raising II,III Chef NCM Supporter '11,'12,'13,'14,'15,'16,'17,'20 Bantayan Kids '13,'14,'15,'17 Ukranian Famers are the modern day Chuck Norris
Join Date: Oct 2009
Location: between here and there
Posts: 25,056
Thanks: 9,362
Thanked 14,321 Times in 5,475 Posts
Gameroom Barn Bucks: $17601606
|
Does it come with a pit, rope, lotion, and basket or will you have to dig your own?
|
||||||
05-13-2020, 7:50pm | #19 | ||||||
Barn Stall Owner #1000
1000th member NCM Supporter '13 Bantayan Kids '13
Join Date: Feb 2011
Location: Bama
Posts: 12,783
Thanks: 6,069
Thanked 4,827 Times in 2,645 Posts
Gameroom Barn Bucks: $2425793
|
You might want to investigate a land loan, ag loan, farm land loan. Interest rates are low.
|
||||||
The Following User Says Thank You to LisaJohn For This Useful Post: |
05-13-2020, 8:18pm | #20 | |||||||
A Real Barner
Join Date: Dec 2010
Location: Northern California
Posts: 33,993
Thanks: 14,302
Thanked 12,309 Times in 5,942 Posts
Gameroom Barn Bucks: $2214590
|
Quote:
A system that was not built properly and doesn't function well can be a big expense to fix. |
|||||||
|
|
Support the Barn: |
Download the Mobile App; |
Follow us on Facebook: |
||