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Old 03-14-2013, 03:02 PM   #1
Oxford Oxford is offline
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Originally Posted by Stewie View Post
There's the reason. TLC is a euphemism for tens of thousands of dollars to keep shit from falling down.
True enough, but the pictures looked like its in reasonable shape. If the fences, well and septic are in good shape its a much better bet.
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Old 03-14-2013, 11:33 PM   #2
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8832 N Farm Road 117 Wonderful opportunity to own 21.7 ACRES, FULLY FENCED WITH GATES, WITH A POND AND A SPRING, WILLARD SCHOOLS and a 1908 SQ.FT. HOME. Property needs TLC but would make a wonderful home on a property with incredible acreage. This is not a foreclosure or short sale. Property has been priced to reflect it's current condition. Property sold as is where is with buyer's right of inspections. **NOTE PRICE REDUCED TO REFLECT 2ND PARCEL REMOVED FROM LISTING. ACREAGE REDUCED FROM 38.15 TO 21.7**

Information last updated on 03/13/2013 11:51 PM:
•Price: $129,900
•4 Bedroom(s)
•2.5 Bathroom(s)
•Single-Family Home
•Fireplace
.•Status: For Sale
•Lot Size: 21.7 acres
•Built in 1969
.
http://www.trulia.com/property/31099...-65781#photo-2

The condition of the house looks okay, but there are so many variables in that sight unseen. It could use a few thousand dollars touch up here and there or find out it has mold and you have to gut it out and spend some serious jack on the place. Regardless for 21 acres it seems like a great deal.
Hopefully there isn't a pig farm close to it.
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Old 03-14-2013, 01:41 PM   #3
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Old 03-14-2013, 02:33 PM   #4
Ming the Merciless Ming the Merciless is offline
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definite recovery here (sf bay area)

still down from the highs of around 2006, but prices are moving up steadily over last couple of years....

Average maybe 350-400k
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Old 03-14-2013, 02:38 PM   #5
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We bought our house late last year because I had heard and seen indications that the prices would be rising next year. Plus in general prices are higher in spring with many more people looking to buy.
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Old 03-14-2013, 02:44 PM   #6
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do you have to buy the land w/a house on it, or would you be willing to buy the land and build, while you stay where you're currently at?
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Old 03-14-2013, 02:59 PM
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Old 03-14-2013, 08:35 PM   #8
El Jefe El Jefe is offline
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do you have to buy the land w/a house on it, or would you be willing to buy the land and build, while you stay where you're currently at?
sec
I would be willing to buy and build, I just can't seem to find reasonable land. 10-15k an acre for crappy land.
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Old 03-15-2013, 10:18 AM   #9
seclark seclark is offline
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I would be willing to buy and build, I just can't seem to find reasonable land. 10-15k an acre for crappy land.
my case for example:

I bought 30 acres of land. already had water and electricity. mostly all timber. had a metal shed on a slab w/power ran to it and a very shitty trailer house. all kinds of junk and brush grown up.

spent every weekend and day off for 4 months, over there clearing brush, loading up junk and hauling it off. hired a guy w/a trackhoe to destroy the trailer, burn what would burn, then bury it. while he was there, I had him dig a pond.

next step was to partition the shed in half and build a small apartment(1bedroom, bathroom, washroom, kitchen/living room). I believe at the time, I did this for about $8k. also, during this time we sold our old house/property, put a shitload of stuff in storage and lived 2 weeks with my sister in law(which was tolerable, since I was spending all my time at the new place).

moved into the apartment and lived there for 9 months while we had a new house built. this was great, because we were there every day to oversee the construction and keep involved.

this might not work for everyone, but it certainly worked out for us, and it actually saved us a bunch of money. most people considered it "crappy land" when we bought it, but after the work we put into it, the increase in value has been pretty amazing. people tell us all the time that they can't believe it's the same place.

sec
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Old 03-15-2013, 11:08 AM   #10
El Jefe El Jefe is offline
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Originally Posted by seclark View Post
my case for example:

I bought 30 acres of land. already had water and electricity. mostly all timber. had a metal shed on a slab w/power ran to it and a very shitty trailer house. all kinds of junk and brush grown up.

spent every weekend and day off for 4 months, over there clearing brush, loading up junk and hauling it off. hired a guy w/a trackhoe to destroy the trailer, burn what would burn, then bury it. while he was there, I had him dig a pond.

next step was to partition the shed in half and build a small apartment(1bedroom, bathroom, washroom, kitchen/living room). I believe at the time, I did this for about $8k. also, during this time we sold our old house/property, put a shitload of stuff in storage and lived 2 weeks with my sister in law(which was tolerable, since I was spending all my time at the new place).

moved into the apartment and lived there for 9 months while we had a new house built. this was great, because we were there every day to oversee the construction and keep involved.

this might not work for everyone, but it certainly worked out for us, and it actually saved us a bunch of money. most people considered it "crappy land" when we bought it, but after the work we put into it, the increase in value has been pretty amazing. people tell us all the time that they can't believe it's the same place.

sec
That is pretty freaking awesome!
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Old 03-14-2013, 03:27 PM   #11
ClevelandBronco ClevelandBronco is offline
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I'm seeing housing prices rise in Denver. I attribute the rise in price to the slow collapse of the dollar rather than to anything that is intrinsic to the worth of real property.
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Old 03-14-2013, 03:29 PM   #12
Stewie Stewie is online now
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I'm seeing housing prices rise in Denver. I attribute the rise in price to the slow collapse of the dollar rather than to anything that is intrinsic to the worth of real property.
Huh? The dollar is rising, and has been for a while.
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Old 03-14-2013, 03:37 PM   #13
ClevelandBronco ClevelandBronco is offline
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Huh? The dollar is rising, and has been for a while.
Rising against what? It's certainly not rising against the price of energy or food or housing, at least not in Denver.

Rising against the Euro or something? I don't care. I don't need Euros. I need energy, food and housing.
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Old 03-14-2013, 03:41 PM   #14
Stewie Stewie is online now
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Rising against what? It's certainly not rising against the price of energy or food or housing, at least not in Denver.

Rising against the Euro or something? I don't care . I don't need Euros. I need energy, food and housing.
You don't understand the game. Haven't you seen that everyone has a job and are joyous in paying taxes?
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Old 03-14-2013, 03:44 PM   #15
ClevelandBronco ClevelandBronco is offline
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You don't understand the game. Haven't you seen that everyone has a job and are joyous in paying taxes?
That's the official story.
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