price of 25 acre farm is this decent?

   / price of 25 acre farm is this decent? #21  
I don't like that long narrow lot.

We looked at a couple of lots that were long and narrow and did not consider them at all. One we did consider, had river frontage and the neighboring land was already developed, but the others we just did not even visit. The parcels we saw that were narrow were all carved out of larger parcels many decades ago. It was certainly easy to divide up the land the way they did, and I am sure it was done as part of an estate, but it limited their ability to sell the land. It is odd to say that 400 feet is not that wide but it is not. It is a huge distance in the city since you would likely have 4-6 house built on that width, but in the country, that is really close.

Our house is on a narrow 300ish feet wide lot. We own all of the land around us but that 300 feet is narrow. If we had to sell off the land we would have to do some creative landscaping or wall building to maintain privacy.

Zoning can change, so take that into consideration.

Another thing to consider is how easy would it be for YOU to subdivide the lot if you needed too? 25 acres is a lot of land and you could carve off a five acres parcels to sell if needed. The problem would accessing those parcels with a 400 foot width. I would not consider an easement in such a situation but deeding off access. But 400 feet does not give you much room to deed/sell for access.

Later,
Dan
 
   / price of 25 acre farm is this decent? #22  
y'all talking about buying a subdivided lot, then selling off more of that, to yet another person. Here in my county, they have eliminated all that kind of profiteering. The farm can only be subdivided so much. For example, here, I have an 86 acre place. I am only allowed to make 3 lots out of that total!! They call it a sliding scale. That is one **** of a limitation. Major developers seems to find some way around that, though, I cannot understand how they get to do it, except they go through a bunch of zoning fights to get it done.
 
   / price of 25 acre farm is this decent?
  • Thread Starter
#23  
old Joe, I agree and think its a good think they only let them subdivide so much. I like a good neighbor from a distance... I will mention that there is a nice mature privacy wood line all the way around the place plus lots of woods in the back.. no piece of land is perfect Im finding out and I find something wrong with all of them.

They are considering a lower price so we will see what happens.
 
   / price of 25 acre farm is this decent? #24  
I love the 247 ac. place... and the smaller on also... Problem is Im and elevator Mech. by trade. so Unless I switch carrers or have a huge route teritorry thats kinda out. Thanks for sending the link though. Maybe I need to work on being able to work form the house. :) I suppose some of you do or are retired? I could look for a new job in a new location but that comes with its own challenges. Hard to leave my current position its really stable and the hours and pay are hard to pass up.

I hear ya...there is basically no industry here and jobs are 45min to an hour away. We say we are "beyond the sticks" :) and that is exactly why I picked this area to retire....stretches a fixed income as far as it will go. Make your money where you are and while you can...then escape and take it with you. I escaped S. FL in 2007....have not been back & don't miss it a bit. Be patient, the right place will show up and you will know it when you set foot on it....I did:thumbsup:
 
   / price of 25 acre farm is this decent? #25  
I have to walk over 400' to take the trash out to the road, and it still too close for me. If driving another half hour to work could get you a bigger place, that is what I would do.

Now I am never one to encourage folks to move to NW Florida, it is already getting too crowded here. But one of my old neighbors, Tim Mallory, owns an elevator company. A few years back he moved it from Blountstown to Marianna, and sold his farm just down the road from me. I'm sure the pay would be less, but it is a lot cheaper to live down here too. And you would have to learn to think of 85 as a nice, cool day.
 
   / price of 25 acre farm is this decent? #26  
I hear both of you - Larro & Motor and over 45 years ago I heard the call to country living. A very wise man said - make your money where you are and while you can --- then get the ---- out of there and take it with you. That's exactly what I did and brother I've been enjoying the country ever since. The country can have its problems but at least here they are seldom caused by other people and can be solved by hard work, simple living and a knowledge of your land.
 
   / price of 25 acre farm is this decent? #27  
A very wise man said - make your money where you are and while you can --- then get the ---- out of there and take it with you.



If you're gonna play the game, boy, ya gotta learn to play it right.
You got to know when to hold 'em, know when to fold 'em,
Know when to walk away and know when to run.
You never count your money when you're sittin' at the table.
There'll be time enough for countin' when the dealin's done.

SWMBO and I put in our years for the Army. And it was good, but all the time our hearts were in a rural lifestyle.
Working within a few miles of the Whitehouse requires an hour commute for "rural" on a good day. I always considered "commuting time" as part of the "work". My friends that commuted an hour each way basically put in 25% more "work" than I did (I lived 1.2 miles from my desk, a 3 minute drive/walk).

Look hard and close at what you will gain for any extra commute time. There is still only 24 hours in a day. An hour spent commuting is one less hour with the kids, seat time, etc. EVERY DAY.

We chose to put up with the "hassles" of suburbia (which many people like :confused: ). We thought we knew when to "hold'em" and "fold'em". And now that we've "walked away" we've got time enough for "countin'".

In a perfect world we could have had jobs that paid well for working 2000 hours per year where we wanted to live with maybe 10 minutes a day commuting. Now we have retirement income that pays very well for working 0 hours per year with 0 minutes commuting.
 
   / price of 25 acre farm is this decent? #28  
I don't know what the comps in Union County are...
My farm is in Catawba County and listed @ roughly 102 acres with a 1450 brick rancher built in 1953...
The house is valued @ 150K and the farm is valued @ 550K...
Market value?
Who knows...
I would guess that the true market value at roughly 60%-70% of that...
Taxes are reduced due to farm valuation...
I think the house runs around $700 per year and the farm is at $250 per year...
I am about 35 miles west of Charlotte, 10 miles from Lake Norman, and only 3 miles from the new 4 lane 16...
 
   / price of 25 acre farm is this decent? #29  
Regarding commute time...

We bought our place so that I can get to a couple of different cities with a 45-60 minute drive one way. That sounds like a lot of time on the road, and it is, but it also has to be compared to the time I was already spending on the road. Our city house was about 12 miles from work, one way, and we are know about 35ish. However, the trip to work from the city house was 30-60 minutes depending on the time of day. Traffic is MUCH worse going to work from our old city house, where as, the trip to our county house is really light once I get off the highway. My "rule" was that if I did not leave work by 4:30, there was no point in leaving until 6:00 because all I would be doing is sitting in traffic, getting stressed, wasting gas, and increasing my odds of getting in an accident. I still follow this rule mainly to stay away from the rush hour idiots, but if I want to leave at 5:00, I can do so without having to sit in traffic.

Our move the country has increased my mileage from 12ish to 36ish miles, one way, but my time driving is about the same, and worst case, costs me an extra 30 minutes round trip. Living within a short distance of work was simply not possible years ago since there was no housing near work. Traffic has gotten much worse since we have moved to the country,and I would think if we were still living in the city, my commute time would have increased as well. Most likely, my commute time to the old city house has increased to match what it takes to drive to the country.

We did carefully choose our location so that it opened up other cities to go to for work. I can go work in other cities now. In the city I was stuck with a few locations for work and now we have a few more.

Later,
Dan
 
   / price of 25 acre farm is this decent?
  • Thread Starter
#30  
I don't know what the comps in Union County are...
My farm is in Catawba County and listed @ roughly 102 acres with a 1450 brick rancher built in 1953...
The house is valued @ 150K and the farm is valued @ 550K...
Market value?
Who knows...
I would guess that the true market value at roughly 60%-70% of that...
Taxes are reduced due to farm valuation...
I think the house runs around $700 per year and the farm is at $250 per year...
I am about 35 miles west of Charlotte, 10 miles from Lake Norman, and only 3 miles from the new 4 lane 16...


The area you mentioned is my choice for living. The wife just matched this farm in Union county with everything on our check list.
I have a friend up that way with a nice peice of land. thanks for the comparable
 

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