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Build in subdivision or on family land?
Posted on 4/24/21 at 1:52 pm
Posted on 4/24/21 at 1:52 pm
Wife just threw me a curve ball and not sure what to do. We already purchased a piece of property that’s paid for, have house pad and put culverts down. Value of about 90k. My FIL offered a piece of property that is down right beautiful, with a pond in back and has live oaks around where our house would be. Pond and oaks would not be on our house property but right in back and on side but would eventually be ours. Previous owner already put house pad but would have to be moved up. Would cost about 45k. Issue I have is it’s in the middle of nowhere. Not much traffic with lots of sugarcane fields. What would the OT do? It would need a little work but would save us about 45k to put towards me house.
Posted on 4/24/21 at 1:54 pm to shoelessjoe
I'd take the land out in nowhere
Posted on 4/24/21 at 1:54 pm to shoelessjoe
Depends on the commute but I’d almost always go for less people to bother with.
Posted on 4/24/21 at 1:55 pm to shoelessjoe
Figure out which property you would rather live on and then do that.
Posted on 4/24/21 at 1:55 pm to shoelessjoe
Sell lot, build on land - if thats your bag... sounds like it is from your description
Posted on 4/24/21 at 1:55 pm to fr33manator
Land in the middle of nowhere and it’s not close
Posted on 4/24/21 at 1:57 pm to shoelessjoe
Family land if you plan on living there for most of the rest of your life.
Posted on 4/24/21 at 1:57 pm to shoelessjoe
quote:
Issue I have is it’s in the middle of nowhere
You're counting this as a con? This is a triple-pro.
Ask yourself this simple question- At which location would you feel more comfortable getting really stoned and shooting guns buck naked?
Posted on 4/24/21 at 1:57 pm to shoelessjoe
Middle of no where sounds good to me
Posted on 4/24/21 at 1:59 pm to shoelessjoe
Less people and neighbors is always the right answer unless you are into soy.
Posted on 4/24/21 at 1:59 pm to shoelessjoe
Is this property on a larger tract FIL owns? Would be my only hesitation in this scenario
Posted on 4/24/21 at 1:59 pm to shinerfan
Unless the commute is 2 hours each way. About a 1 hour commute for me is the most I can handle.
Posted on 4/24/21 at 2:00 pm to shoelessjoe
Is “middle of nowhere” five miles away from the kids school/ballparks/etc or 30 miles? Distance to work? 5-10 miles is fine, but 30 would be a dealbreaker for me. As much as I would want acreage in the country, I like the fact that neighborhood kids will walk over and ask if my kids can play.
Posted on 4/24/21 at 2:04 pm to shoelessjoe
Also, I would not want to live next door to my in-laws. Driving distance (as low as 1-2 miles) is fine, but not walking distance. In this situation, he would probably tell you what trees to take down/keep, how/where to build, etc, which would drive me crazy.
Posted on 4/24/21 at 2:05 pm to momentoftruth87
quote:
I'd take the land out in nowhere
frick neighbors and their heroin addicted kids
Posted on 4/24/21 at 2:45 pm to jamboybarry
quote:
Is this property on a larger tract FIL owns? Would be my only hesitation in this scenario
Yes, FIL owns all of the land around us. He will sell us a portion of the property at a very cheap price. Just purchased about 200 acres total. Woods you hunt not far as well.
Posted on 4/24/21 at 2:46 pm to shoelessjoe
Land, outside of any city limits.
Posted on 4/24/21 at 2:46 pm to Ric Flair
It’s actually closer for me to work as well. Cuts off about 10 minutes.
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