I've been a long time member to the mothering forums, but use this "alias" because there are people who know me on this blog. hubby and I don't want people in real life to know some of our thoughts about this newly purchased property. We are still trying to figure out lots of things right now.
Anyway, here are the stats on the place we just purchased barely one week ago!!...
150 year old farmhouse (about 1400 sq feet with no usable basement)
in need of a lot of tlc and foundation repair (about $15-20k)
about 7 acres have been previously farmed for hay
House has been "abandoned" for about 2 years
Personal stuff... we have four children between the ages of 11 months and 7 years. We currently live in a small home (1080 sq feet) but all usable space with full basement. We love our home and neighborhood. Great schools, although considering to home school. half of our yard is a garden/cold frames/greenhouse. About 30 x 30. We love to grow our own food.
We are stretched super thin financially right now with the purchase of this new property. We would like to gut/rehab the farmhouse (down to a couple of walls) and redesign and build a new home. We want to move there as a family and continue to grow our own food (larger scale), have some animals (chickens, horses for manure, and sheep and maybe ducks). Is it possible to be the "general contractor" and build your own home for maybe less than 50k?
We don't think we want to fix the foundation issue in the farmhouse. For a little more money, we could build a new home! We are looking to build about a 1500-1800 sq foot home. Not too big. I just want a huge kitchen :)
Would love to know what this community thinks about anything I wrote, especially if it's possible to build a good sturdy house "on the cheap" by having us GC the projects.