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

[siradaono.livejournal.com]

good on ya, buddy!

[lin4gondor.livejournal.com]

If it really might be affordable, it would be worth pursuing, even if you don't do anything with it right away -- simply because if it is yours, you don't have to take potluck with anyone who DOES end up buying it and will share your driveway.

[tuilelindowen.livejournal.com]

If you buy it now it will probably increase in value and you would be able to sell it for more later down the road than what you bought it for. Look at it as an investment.

[primsong.livejournal.com]

This did occur to me - I am always wary when a neighbor's house goes up for sale, afraid of having bad 'uns move in right next door. It would be helpful to be able to have some control over who is there. It would also allay our lingering fear that whoever got it would cut down all the poplars lining the drive...I'm not sure if they're our poplars or theirs!

[primsong.livejournal.com]

I am trying to - but you know, I was always one of those who would grumble everytime I saw some large lot being sold to developers and all the trees being taken down... Now that the shoe might be on the other foot, I'm not sure what I think of that fit!

[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.

[rosienicarus.livejournal.com]

Oooh, Can I move in next door? ;-)
Really though, now that your other house is all fixed up, it might be a prime time to sell it rather than renting it out. You'd have to consider wether you want renters living right next door, though that can have it's advantages as well. Will the people you were going to rent to, be dissapointed? Maybe they wouldn't mind waiting to rent the home next door. Either way, I think having one large parcel of land like that in the long run would be a great investment.... though I would find it hard to part with it! Do you know any realtors that you could ask for advice?

Hello Prim;

[syrcleoftrees.livejournal.com]

As an activist in saving the rainforests I wonder,though I do not wish to know,for all trees are precious to me,was there not a house there before if so why would purchase of said land casue you to become a tree-killer?The part I do not want to know,very much is what type tree.Hope it works out for you,though if you are in a busy,highly developing area anyway,land is always a good investment.,,,H.Treeclan,waving at you!! :)