We currently live on 1+ acre in an older neighborhood. We also own about 20- acres a few miles away. What's keeping us from moving to the 20 acres? A few things...
The first is our neighbors.... We like them! All of them! Both sides, behind us, across the street, katty-corner, all of them.
The second is the kids' school is about 6 blocks away.
Third, it only takes us 7 minutes to get to work.
It is just too convenient to leave. We are very fortunate to be in this situation.
One word of the wise to you... If you really want more land, buy it as soon as possible, as it never gets any less expensive. Land prices here skyrocketed about 10 years ago. Land that was going for $2000/acre is now going for $15,000/lot... usually around 1/2 acre or less. It is disgusting. I don't know how my kids will find a decent piece of property if they want one in 20 years. It won't be there.
In the mid 1950s my father and a partner bought up 20 acres for around $20,000 and sold 15 lots for $2000 per lot. The sold 4 more lots on a 90' escarpment overlooking water and the University of Notre Dame for $2500 because they were worth so much more /w3tcompact/icons/laugh.gif. In 1995, when my father was dying of cancer, we talked quite a bit. He said he regretted chopping up the land and should have hung on to all of it for his kids. It would have been worth many hundreds of thousands of dollars, but we wouldn't have sold it either. /w3tcompact/icons/smile.gif