Wondering...

[primsong]

Wow - just found out the house next door to ours is going to be going on the market later in the Spring or early Summer - this is a parcel that was originally a part of ours but was surveyed off for the son of the original builder to have a family home built there. The son and original family having moved on, it is mighty tempting to buy it and 'put the land back together' - this house shares our driveway. We could potentially buy it if we sold our *other* house that we just moved out of and then rented it... it would mean having a big enough parcel (1 and a half acres) that we could possibly have our retirement in its value for development...

Much as I hate the thought of development here, I can't help but think on it -- maybe 15 years down the road, with the way this part of the valley is going, it would make sense to let this be developed and use the money to move somewhere away from all the traffic.

Gah - I've never been a wheeler-dealer with things like this...a savings account is about my speed of safety in 'investments' - but I think we'll look into it. Argh...but what if, after all is said and done I simply cannot become a tree-killer? Do we end up donating it all for a nature park? So hard to envision this, even as a vague possibility that we don't even know if we can pull off.

Comments

[psychotic-kiwi.livejournal.com]

If you can swing it all, Prim, I would advise you to try and buy it. Real estate is pretty much without fail a great investment...unless its a swamp in Florida =D If you need to sell it later, then you have a desirable house lot in a nice area to offer. If you hit the jackpot and don't have to sell, you can either leave it as an inheritance to the kiddos or donate it to a nature preserve and leave the world the gift of unspoiled open space...an increasingly precious commodity. Then you also will not have the responsibility of landlady-ness; the water pipes freezing ( if you get that), something breaking, heat failing, whatever. I'm not Suze Orman, but land is a gold mine. Oh, btw- I think a personal web site for a child is ok, as long as the parent monitors it, keeps communication open, and a screen name is non-negotiable, as is no personal info. Not that it matters now, but I have taken to using initials for my family online as well. Fortunately, R. and I are computer savvy enough to keep an eye on B. when he gets older and uses more computer time.