Land shopping strike-out.

This morning I decided to take a fresh look at what land was available.  I opened up Zillow in a different browser so it would not see any of my preferences and started a fresh search.

There were still not many options but it turned up a 2 acre tract that looked interesting.

It was Sunday morning so I decided I would go check it out.  I drove approximately 100 miles to get there.  As I left the city and saw my first glimpse of farmland it was like I had driving through the stress bubble boundary and suddenly felt like I could breathe again.  I drove down some nice rural roads then the GPS told me to turn onto a dirt road.   Hmmmm.

I drove my nicely cleaned car that I washed yesterday down a dirty road until I came to the land for sale.  I liked almost everything about it.  It was properly rural, peacefulness oozed out of every crevice.  The size is good.  The zoning and restrictions are good.  It has water and electricity at the road.  It is almost in the right location.  The main drawback was the dirt road.

The place has been on the market for 50+ days which made me think something was wrong and I think the dirt road is the turnoff for most people.  It was dusty and like driving on a washboard that nearly shook my teeth out.  The vegetation was all covered in dust meaning my house would also be all covered in dust.  I like everything else about it but the dirt road is the road-block for me. Major bummer. The price is $60K which is just too much for a dirt road. I guess it was not meant to be.  If this place had been on a paved road I would make the offer right now.

I really feel that if I at least owned the land, whether I built immediately or a few years from now, a great weight would be lifted from my shoulders and I could start to make definite plans.  Until then, it’s all up in the air.  I don’t like that feeling.  It’s like being in limbo.

Finding good land is very difficult these days.  It’s mostly all taken or not for sale.  I’m sure I’m being too picky but were talking about the place I’m going to die so it needs to be as close to perfect as possible.  I don’t want to have to not be happy with my choice for the rest of my life.  I’m just going to have to put on my patience hat and wait it out.

I had the money sitting in my bank account ready to write a check but since it is taking longer than expected, I transferred it to my Wealthfront account to let it accumulate some investment profit.   My plan was to spend $40,000 on 2 acres but it looks like property-inflation is strong.  I will be lucky to only spend 60K.  I should probably expect to spend up to $100K.  All the extra for the land takes away from my house building fund though.

It makes me sad because my family used to own 40 acres that we sold back in the 80s for $2,000 and acre.  Now you can’t find an acre for lest than $10,000.  Really pisses me off.  Stupid young me didn’t think I would ever want the land.

It might be a good thing that it is taking longer since every month I wait my investments add $4-6K to my net worth so maybe having to spend the extra money won’t be so difficult.  Let’s hope the stock market holds up for a few more years.

Yeah. First world problems.  Still, it seems like the most important thing in the world to me.

 

 

 

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Land Shopping Frustration

 I’m feeling really frustrated today.  Time is passing quickly and I am still unable to find a few acres of land for my retirement house.

I’ve located the area where I would like to live out the rest of my life but there’s nothing appropriate available for sale.  Literally nothing.  It’s like people don’t want to sell any of their land.  I know I need to be patient.  I totally feel like I did when I was RV shopping.  I got really frustrated then suddenly the perfect one appeared for just the right price.

I’ve been land shopping for years and am really serious right now.  I sure hope that perfect things pops up soon.  It’s starting to hurt.  I spent a good portion of the day scouring the real estate sites but finding nothing.  I’ve finally convinced myself that it’s OK to pay $40,000 for 4 acres.  It really sucks because 30 years ago we sold some family land for $3,000 an acre.  What a stupid thing to do.

Fortunately the area wasn’t really where I would want to live anyway so other than the loss of the value I’m not broken up too much about it.

I desperately want to get out of San Antonio.  I can’t stand it anymore.  It has to be the worst place on earth.  The area I like is near a small town around 150-200 miles away from San Antonio.  Far enough away not to be under the influence of this horrible place.  I’m sure hoping that one day soon my dream land will appear.  It better be soon!

I feel a little better now.  I needed someone to talk to about it.