So I’ve long had this infatuation with buying land. Somewhere in the 5-40 acre size. Since I’m in lower NYS, land down here is either sparse or large and expensive (we’re talking hundreds of thousands for 10 acres).
My goal is to eventually build some sort of “shelter” whether it’s a container home, a yurt, or even a log home. Not to live in, but to have a vacation property without having all of the headaches associated with vacationing. Not that we’ll never go to the beach ever again, but something within an hour or two of our home would be great. A wooded plot with privacy on all four sides and a creek or lakefront would be ideal. Since I work from home, I could possibly work from the “cabin” providing there is good enough internet and power service there. This would allow us to stay there for more than just a Friday-Sunday thing.
My question isn’t about the structure itself (as we’ll just use the land for tent camping in the immediate future), but more about buying the land. My process is to find land within a two hour radius (I’ve been looking for years), then find something under $50k (no idea why, just feels like it’d be easier to stomach under $50k), and then looking at topo and wetlands maps. Am I missing something? Typically all of the plots I find have electric service at the road and would need a septic system put in.
For instance, I just found two plots that are about 5 acres a piece, on pretty flat land, with many trees, and a creek running through the back part of the lots. Lot A is asking $70k, and has about 1/3-1/2 wetlands. Lot B, directly adjacent, is asking $30k and has maybe 1/8 wetlands. What am I missing here?
…and, for those of you that own land either through inheritance and/or purchasing yourself, is it worth it? I know I’ll eventually tire out of driving two hours each way, but for the next 5-10 years, I can absolutely see us going there nearly every weekend. Gas, wear and tear on the car, etc. is not part of this equation at the moment, but I do recognize it’s a real cost.