in Pennsylvania, would you consider this property?
Let me give some history.
Our criteria:
within 30 minutes of Bensalem and New Hope, PA.
rural
no developments
alternative housing is a consideration, like yurts, domes, etc.
room to play (i.e. acreage, or small lot backing a wooded state park, etc)
Less than $250,000 total cost or $150 for land.
The obstacles:
A run of the mill, unappealing lot amongst a billion other homes is about $100k per acre. An appealing lot starts at $220k/acre. Land is scarce. Very little is up for sale.
The type of home we want (<1400sf, nice or with the capability of nice, rural, etc, if we were buying an existing structure) runs approx $500k.
My dad and uncles are in construction and can lend advice. Dad knows a bit, but not loads about alternative power. DH and I are handy, capable, willing and experienced with refurbs, but not building from scratch, though we can learn.
So, would you consider this lot once you looked at it?
-Sixteen acres, asking price is $110k for 10.3 acres and $39.9k for 6 acres.
-On a hillside, strewn with gorgeous but troublesome granite boulders.
-An underground gas pipeline stretches across the property. It's de-bouldered, mowed and tended by the pipeline folks. You can use the that part of the land for playing, gardening, driveways, etc., but can't build on it. It would make a great ski slope, though it's only a 'green'. Of course, it would have to snow for that to work.
-There is an inactive quarry 1/4 mile away on the other side of the hill. If it were to become active again, there would be no blasting b/c of the pipeline.
We could, theoretically, stay within our budget and build on this lot. It would be a headache, but it's a beautiful lot.
Concerns are with resale, as we don't plan to stay here forever. Possibly not more than five years, but it's hard to say. It's so cheap now because of the hassles involved in turning this into a buildable lot. (No perk tests, permits, etc., yet. All of which would be done before purchase.) We could sell off some of it into perked, permited building lots to reduce our expenses, but would rather own all of it ourselves, if possible.
Photos here.
Let me give some history.
Our criteria:
within 30 minutes of Bensalem and New Hope, PA.
rural
no developments
alternative housing is a consideration, like yurts, domes, etc.
room to play (i.e. acreage, or small lot backing a wooded state park, etc)
Less than $250,000 total cost or $150 for land.
The obstacles:
A run of the mill, unappealing lot amongst a billion other homes is about $100k per acre. An appealing lot starts at $220k/acre. Land is scarce. Very little is up for sale.
The type of home we want (<1400sf, nice or with the capability of nice, rural, etc, if we were buying an existing structure) runs approx $500k.
My dad and uncles are in construction and can lend advice. Dad knows a bit, but not loads about alternative power. DH and I are handy, capable, willing and experienced with refurbs, but not building from scratch, though we can learn.
So, would you consider this lot once you looked at it?
-Sixteen acres, asking price is $110k for 10.3 acres and $39.9k for 6 acres.
-On a hillside, strewn with gorgeous but troublesome granite boulders.
-An underground gas pipeline stretches across the property. It's de-bouldered, mowed and tended by the pipeline folks. You can use the that part of the land for playing, gardening, driveways, etc., but can't build on it. It would make a great ski slope, though it's only a 'green'. Of course, it would have to snow for that to work.
-There is an inactive quarry 1/4 mile away on the other side of the hill. If it were to become active again, there would be no blasting b/c of the pipeline.
We could, theoretically, stay within our budget and build on this lot. It would be a headache, but it's a beautiful lot.
Concerns are with resale, as we don't plan to stay here forever. Possibly not more than five years, but it's hard to say. It's so cheap now because of the hassles involved in turning this into a buildable lot. (No perk tests, permits, etc., yet. All of which would be done before purchase.) We could sell off some of it into perked, permited building lots to reduce our expenses, but would rather own all of it ourselves, if possible.
Photos here.
) and cooking on a hot plate looong before they finished. I think the official housewarming was 2 years ago; there are still some minor cosmetic details to be finished.
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