View Full Version : land
catdaddy
04-06-2006, 11:51 AM
hellow,how much yall reckon ill have to pay for 30 acre of land in about 7 or 8 years, just put an estimate and that would be fine, iam talkin bout in cheap places like kentucky, bama. is notrh or south carolina cheap, thanks guys
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cdhunt
04-07-2006, 08:51 AM
in 7-8 years land will bring 5-10 thousand an acre if not in a development area--development area will be 150 thousand an acre or more
catdaddy
04-07-2006, 03:45 PM
r u seroius.
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cdhunt
04-07-2006, 03:56 PM
land in my area is now going for 100,000 per acre in development areas.
fabsroman
04-07-2006, 05:13 PM
I would gladly pay $100,000 per acre where I live. Instead, it goes for about $300,000 an acre and it gets completely insane the closer I get to Washington, DC. About half an hour Northwest, I can get 2 acres for a little over $200,000, and that is from a farm owner where I hunt on what is left of the farm,
catdaddy
04-07-2006, 05:43 PM
i was on the goggle and cheap land in kentucky is 200,000 for 123 acres of woodland, whhy is it soo exspencice at yalls place
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fabsroman
04-08-2006, 12:32 AM
Because my place ain't located in the middle of Kentucky. I am in an area that links Washington, D.C. with Baltimore, Annapolis, and Frederick, Maryland. I live right off an Interstate that links DC with Frederick and it is considered a tech corridor. So, anybody with any land knows that the developers will want it sooner rather than later, so they aren't about to part with it for cheap. Sure, I can drive 15 minutes from my place, and actually hunt a farm less than 10 minutes from my place, but to buy anything is insane. I bought a townhouse here 2 years ago and paid $333,000 for it. I think it has .1 acres and I have 4 floors. The people across the way from me, with the exact same house and land, minus the 4th floor, are now trying to sell theirs for $460,000. Half a million for a townhouse. Can you imagine that?
I am happy to see that it has been on the market for more than a month now. I am hoping for a decrease in house prices such that I get exactly what I paid for this place. That way, I might eventually be able to afford a single family home and a farm.
TreeDoc
04-08-2006, 12:55 AM
by Fabs Because my place ain't located in the middle of Kentucky.
Fabs, you were done after that first sentence! LOL!! :D
multibeard
04-08-2006, 07:22 AM
Fabs
They would have to PAY ME a half million $$$$$ to live in one of them town houses. NO LOL about it.
I have even figured out a great way to get around the DC area when I am going to Newport News to hunt turkeys with my nephew.
fabsroman
04-08-2006, 11:06 AM
Multibeard,
Sad thing is that my wife and I make 200K a year here and we could possibly make half a million sometime in the future. With that said, don't think I haven't thought about moving to North Carolina ad nauseum. Seems there is a pharmacist shortage down there and they are willing to offer my wife $300K a year. Granted, I would have almost no legal/accounting practice down there for a long time, but I don't think that would matter. For a little over $600K, we could buy a 5,500 sf house with 6 bedrooms, 5 baths, and a pool, located on 6 acres. Best part about it was that it had a 2,500 sf hangar separate from the house. That hangar would be heaven to me. I could store all my stuff in it without ever worrying about running out of room.
Yeah, this area has gone down hill, but I have lived here my entire life and my brothers and sisters will probably live here there entire life. Not to mention that most of our friends and relatives are still in the area. That is why it is so easy for me to get new clients.
catdaddy
04-08-2006, 02:25 PM
what job does youre wife work at,my parent make that much in 5 years
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fabsroman
04-08-2006, 05:36 PM
Catdaddy,
My wife is a pharmacist and I am an attorney/CPA with my own practice. There is a pharmacist shortage throughout the nation, so my wife makes some decent money. For an attorney/CPA, I make decent money too. Not yet up there with the creme de la creme, but getting close.
Money was a little tight over the last year because we spent a ton on my new truck, the townhouse, and our wedding. We sat down the other day and figured out that we spent 100K of after tax dollars in a single year. I put 15K down on my truck and another 15K down on the townhouse. We spent 30K to remodel the townhouse the way we wanted it. Spent another 15K on our wedding, with 15K given to us by her parents. The payments on my truck and her car totalled 12K for the year. Our honeymoon was 6K, her engagement ring was 17K. I am sure I am missing plenty with furniture and other stuff, but it was up there. Now, the townhouse is finished, the wedding and honeymoon are over. The house is completely furnished, and everything is paid for. We are in a saving mode now. I drive an 8 year old Taurus with 145,000 miles on it and she drives a 4 year old Sonata with 85,000 miles on it and we will not be buying new cars until those two melt down. However, I just got permission to buy a top of the line Browning gun safe (which makes sense with all the money I have invested in firearms), an AR-15, and an AR-10. Don't have many more guns on my "wants" list, so we will be saving up for a house after that, and maybe a farm soon thereafter. Oh yeah, might be some kids in there too.
Yeah, both my wife and I each make more than our parents ever did. All 5 of my parents' children make more than they ever did. However, life isn't all about how much money a person makes. I am convinced that there is a lot more to life than just money. Personally, I judge people by what is in their heart, not their wallet. There are plenty of people that I want nothing to do with because they are just bad people. You find them throughout the class system (i.e.,poor, middle class, and rich). Some have lint in their pockets and others have wallets with cash busting out the seems.
At the end of the day, I like money, but I will not let it influence the type of person I am. I have two brothers. One calls me "disgustingly honest." Both of them were my best men, but only one gave a speech. To end his speech, he said that "I am the most honorable, truthful person that he knows, and he wants to be just like me when he grows up." Mind you, he is going to be 32 years old this year and he makes more money than me.
It is all about feeling good about yourself. Somebody will always be better than me at something. Somebody will always have more money than me, a bigger farm than me, a nicer shotgun than me, more geese/deer on his farm than me, bigger/more deer on his wall than me, etc.
This winter, I met 4 new friends/hunters at a farm I hunt on. It was two fathers and their sons. During our first hunt together, I asked them what they were shooting because their guns looked brand new. I asked them what they were shooting, just because I was curious, and they hesitated to tell me, almost like they were embarrassed. Eventually, they told me they were shooting Stoeger autos. They probably felt bad because I was shooting an Benelli SBE and my dad was shooting a Beretta o/u. Of course, the o/u is 11 years old and the SBE is 8 years old. We'll continue using them until they don't work anymore. Thing is, I could completeley understand their situation. My dad and I didn't start shooting those types of guns until I got out of undergrad and the rest of my brothers and sisters had pretty much finished with college. When I was younger, I was shooting a 20 ga. single shot that cost $50 at K-Mart and I was in heaven. Before that gun, I was shooting a.410 single shot that used to be my grandfather's. They called me three more times to hunt together before the end of the season.
Buy yourself a farm that you can afford. Enjoy it and live a good life. That way, when you are older, you won't be looking back and regretting anything. Whenever I think about regret, I remember an incident when I was about 10 or 11 years old. My youngest brother had soccer practice and my dad took me and my other brother with him to give my mom some quiet time. While there, my brother and I were playing around with a soccer ball, and he stole it from me. I am quicker than him and I was pissed, so when I caught up to him from behind, I kicked the back of his foot so that he ended up tripping. My dad looked at me disappointed and sat me down next to him. Then he asked me why I did what I did, and I had no answer. That was a terrible feeling and I don't want to experience it again. So, I try to live a good life.
Okay, I could go on all day and night about money and how it shouldn't mean as much as it does. I could go on about possessions and people's wants, but that would take me the rest of the day.
Skyline
04-08-2006, 06:38 PM
Money, money, money.........................I will carry on living in an area where I can buy a 160 acres for $50,000 and live comfortably in a bad year making $40,000.
I can hunt moose, elk, deer, bear ducks, geese, grouse and trap on my own property, ride my horses and there are next to no people, my closest neighbour is 3/4 of a mile away.
I did the urban rat race thing and hated it the whole time. Twenty years ago I got tired of the country living being a part time thing and changed careers and made things happen. I have never regretted it.
Course it is a good thing most people want to live and work in areas like where you live Fabs or they would all be out in the country and things would be too crowded for me. :D
catdaddy
04-08-2006, 06:48 PM
what stste u live in skyline
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Skyline
04-08-2006, 07:14 PM
catdaddy................well actually I live in Canada. Province is Manitoba.
No, it ain't that cold................that is a story that we started and like everyone to believe.
cdhunt
04-08-2006, 08:57 PM
boy, talk about EGO problems, i think some of you should sit down and examine what is happening to your thoughts, minds and the rest of your surroundings. what is going thru your mind.
Skyline
04-08-2006, 11:18 PM
cdhunt.....maybe you should explain yourself more thoroughly for everyone. :D
catdaddy
04-09-2006, 12:18 AM
hey sky line would it be legal if somone dropped in the middle of the canadian forest and boiult a cabin and trapped and hunted there, would any body find out if it wasnt
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fabsroman
04-09-2006, 02:50 AM
Skyline,
I wish my parents had decided to raise a family out in the mid west, but they were Italian immigrants with no money, so they had to go where they could find a job. On my dad's side, my grandfather and uncle and dad had construction experience, so they had to stay in the city where things were being built.
I am a victim of circumstance. I am very attached to my family and my family is very attached to the city. Granted, my mom says that if I ever pick up and move to the country, my dad would either move out there with me or move in with me. We spent many weekends in what used to be the country in Pennsylvania.
After we get a single family home, I am going to look real hard for an affordable farm somewhere within a 4 hour drive. Heck, I have been thinking about making my office mobile, which it pretty much is with the exception of all my files. I am debating whether or not I should buy an electronic document storage program where everything gets scanned in and backed up. My office would go paperless and I could take weeks off and stay on a farm. Hunt in the morning and evening and work during the day. Now that would be the life.
Skyline
04-09-2006, 08:28 AM
Good idea Fabs...you will need the sanity breaks as you get older, especially in your line of work. Ten or fifteen years from now when the glamour has worn thin and you are just counting the days until you can retire, your time on the farm will be the light at the end of the tunnel.
I was made the big decision to change things when I was 30. I looked ahead to another 25 years in the city, I had just gotten divorced, and I said no way.....I'm outta here. As I get older I can't seem to be remote enough. I much prefer my dogs and horses to most people and when I am forced to go to town I can't wait to get the hell out of there
Now is a good time for guys in construction, carpentry etc to apply to work up here in Canada. There is a big shortage of skilled tradesmen up here and this is very true in the province I live in..........which also helps back guys for immigrating because they need the new people.
Mickey Pace
04-15-2006, 10:00 AM
I live in western Arkansas. Just about 45 minutes south of Ft. Smith.I just bought 25 acres of land with a 2225 sq.ft. log home on it for $58,000. The house needed work, but mostly work that I can do myself. Except for replacing some logs ( another $9,000). I have deer, turkey and black bear within walking distance. There are bargains out there,you just have to look!
Valigator
04-15-2006, 11:01 AM
Most people find themselves in the mindset, that during their working years they need to be where the money can be made, Fabs and his wife have spent a good deal of money time and effort in their education and for Fabs and his wife his area is where they need to be. I think Fabs also knows he is in a position to possibly plan out for his retirement maybe faster than some others...but all things are relative, I am in the middle of little Cuba here, but the economics are such that the money is to be made here while the gettin is good. And it will take more tomorrow to live than it did yesterday, but like I said some people's defintion of retirement and the "good life" varies as much as the amount of people here. My guy and I got into it the other night on this same subject...I want out and I want out now, he says it will take more money...so what are ya gonna do????
catdaddy
04-21-2006, 05:33 PM
how long have u lived in arkansas
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petey
05-16-2006, 01:01 PM
Don't let these guys scare ya off! ha ha I bought my land for around $700 an acre. It all depends on where you are and what's around you. Me, I'm out in the sticks and my house is definitly out of place, hence the low cost. I bought the land from an 80 yr old man that thought he was getting a steal since he hadn't purchased land in forever. He didn't advertise and it was a "through the grapevine" find. The timber alone is worth more than I paid for the property, so who ripped who on the deal?? Tons of cherry. Anyhow the disadvantage??
Well I probably couldn't get as much out of my house if I wanted to sell it than if it were "in town". Whoopie do-da. I'm not planning on selling and it's still appraises for almost 100K more than I have into it.
That being said, there's property selling for 26,000 a 1/4 acre not more than 5 miles from my house. Some guy bought up 100 acres, timbered it to make his money, now he's lotting it off and selling it to "City folk" for a great deal. Sad part is they are buying it. Land is worth what you want to pay for it.... That property 5 miles away doesn't have anything special that mine doesn't. In fact, it's on a heck of grade, I'm sure no spring water (I have 3 springs on my property), and it's already timbered. Another nice thing is I signed a Gas/Oil lease about a year ago and am just waiting for them to drill. 8% profit on both and unlimited natural gas is hard to pass up for letting someone drill on my property.
When you look to buy make sure you are getting what you are paying for. If you are using it to build then ask these questions:
Is there water? If so, is it good. Is there sewage? (big thing in PA) If not what will it cost to put sewage in? Hookups already? What type of gas can you get to the location? Is there timber? What kind of Timber? and most important....will you have neighbors??? h aha The best part about where I live is that my neighbors can't ever get any closer than where they are and they'd need pretty good field glasses to see what I'm doing.
Real Estate is huge money in these parts. I'm always looking for land to do two things. One....I want more land for the kids. Two, just what the other guy did. Lot it off and sell 1/4 acre lots to those Attornies in Metro D.C :D for weekend get-a-ways. I'm about to set the hook Fabs, if you're bitin'?
royinidaho
05-16-2006, 03:15 PM
GeeWhizz Petey,
The tax records show that the land at my place, 4.998 Acres:rolleyes: Nothing but swamp and blow sand with large trees only around the house is like 3K$ per acre.
Also there isn't enough water right to water all of it. My yard is 3/4 acre and expanding slowley and the water right is for 1/2 acre.
The redeeming factors are the 200 yd shooting range, open elk and deer hunt, coyotes, ducks, geese, pheasants and hungarian quail, a river and diversion dam, all in the back yard.:cool:
fabsroman
05-16-2006, 05:17 PM
Petey,
I'm not in the market for a 1/4 acre get away. If I buy anything, it will be 100+ acres and I will bring a cheap modular house there or buy a camper to trailer on my truck.
However, before I buy land somewhere else, I am going to buy something here. I have been looking at a couple of lots that are close to 2 acres right by me and they want $375,000 for them. My wife and I looked at some new homes in a development and they wanted $765,000 starting for the biggest one, which was pretty nice, but it was on 6,000 sf of land. I could cut the grass with a weed whacker. Another issue I have is these damn Homeowners Associations. I just got a letter from the management company of my current HOA and they want me to pressure wash and stain my deck a natural color. First off, I think the management company is retarded because almost nobody stains a deck. Secondly, they didn't even say I have to weather proof it. Our HOA budget is $110,000 a year, and 10% of that goes to the management company to collect the monthly $66 fee and hire contractors to keep the place in order. Hell, I could do all that for $11,000 a year. I need to get a couple of HOA's as clients.
Anyway, the first place I will be looking for land is the Eastern Shore of Maryland. After that, I will be looking along the Potomac River, then Virginia, and finally West Virginia. If I cannot find anything reasonable in those areas, then I will be looking in the South (i.e., the Carolinas, Georgia, Alabama, and maybe Florida so that my in-laws can visit while I am hunting).
Valigator
05-16-2006, 07:42 PM
Petey love ya to death, but I dont do snow man.....;)
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