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[journey11]

Journey what size is the farm ? Are taxes cheap because it is a farm ?

It is 45 acres. You can get a tax break if you make a certain amount of income off of it. We pay almost $700/year in taxes. That might be cheap compared to other areas of the country. It was suggested to me that I ought to advertise it out of state as a hunting camp. It's like 60% wooded, the rest pasture. The woods are hilly.

If I keep it, it would be for sentimental reasons. I know it would be more logical to use the money to pay off my mortgage. But I will probably never have another opportunity to buy farmland so cheaply again.

 

[thistlebloom]

It is 45 acres. You can get a tax break if you make a certain amount of income off of it. We pay almost $700/year in taxes. That might be cheap compared to other areas of the country. It was suggested to me that I ought to advertise it out of state as a hunting camp. It's like 60% wooded, the rest pasture. The woods are hilly.

If I keep it, it would be for sentimental reasons. I know it would be more logical to use the money to pay off my mortgage. But I will probably never have another opportunity to buy farmland so cheaply again.

Would selling your current house and moving to the farm be feasible?

 

[seedcorn]

I’d never sell dirt if I could swing it financially-unless $15,000/acre. Then I’d do a land switch. They could have my dirt in exchange for 3X that for Iowa or Illinois farm ground.

 

[Nyboy]

I have to move out of NY. The Westport house was on 4 waterfront acres taxes over $30,000 a year. Boy I miss that house my SO was one paying the bills.

 

[journey11]

Would selling your current house and moving to the farm be feasible?

Maybe, if I was willing to live in a camper and go off-grid for awhile. If it were just DH and I, I would definitely consider it! There is an 100+ year old farmhouse, but it is dilapidated. My grandpa lived there 19 years ago. It was in decent shape back then. Dad put a new metal roof on it, but the floors are now rotted out, windows busted out, vermin living in it. It really just needs torn down. The well is bad, has sulfur in it, so we'd have to drill a new one and hope. And we'd have to put in a septic system. I'd rather live on the hilltop than down by the road (for privacy), so we'd have to run electric up and have the rutted gravel road fixed.

The thought of being debt free is very tempting too. I always wondered why my dad didn't move out there, instead of keeping the house in town. He wouldn't have wanted to live in the farmhouse either. He dreamed of building a log cabin, but gave up after finding out he had Parkinson's. My grandpa was found shot in the neck lying in the driveway, died at the hospital. It was ruled a suicide, but I still think his second wife had something to do with it. My grandmother always thought Dad should just sell the farm for that reason, but I think he kept it because he felt closer to his dad. I think he would have lived better if he had.

It is a beautiful piece of land though, two ponds and a spring, flat pasture land across the hilltop, some of the biggest bucks I've ever seen have come off that farm. I don't know. It's a hard call. We are 5 years out from paying our house off on our own, even without my inheritance. It seems like a lot of work to take on while we are at such a busy time of life. I should probably just take the money and move on elsewhere. I hate to let it go though. I'd like to see it farmed as it should be. I've had a couple inquiries. People assume you are desperate to sell after cancer, but Dad's insurance covered most of that.

I guess I wouldn't have made it as a pioneer, lol.

 

[Nyboy]

I had the same well water at country house. I once dated someone who would not shower the whole time visiting. I spent about $ 4,000 for a water system now odor free water. Much cheaper then drilling a new well

 

[ninnymary]

Journey, the farm sounds beautiful. I would try to hang on to it. In the meantime, look at other possibilities of making money off of it to help you pay your house off faster. It doesn't have to be a lot. Perhaps leasing the land for say 5 years for farming or renting it out as a hunting place? Maybe sell your home and buy a mobile home until you can afford to build there? Heck, I would even look into a tiny house!

Mary

 

[digitS']

I guess I wouldn't have made it as a pioneer, lol.

You might have been just fine!

We think about those pioneers with log cabins. That might be true, or not. One of the first businesses to show up most everywhere was a sawmill. Logs or lumber, a dogtrot house (https://en.m.wikipedia.org/wiki/Dogtrot_house) was a pioneer style. A breezeway may be inappropriate for many locations but you can see how the style could lend itself to a ↯

Heck, I would even look into a tiny house!

If one tiny house has more general use space, it could simply be used as a master bedroom or a living or dining room, or divided with interior walls.

Kitchens were often separate pioneer structures. Not only was the indoor heat not appreciated during part of the year but safety would be a concern.

Obviously, a 14' x 50' = 700 square feet building can be transported most everywhere. Yes, some tiny homes are 1/7 that size. Ignore them, but a 14' x 25' building would be comfortable as a kitchen, breakfast nook, utility room, and a bathroom. How would I know? Those square feet would be about the sum of those rooms in my home.

Depending on the family size, one more 14' x 25' building could provide rooms. Dogtrot between? Equals an enclosed foyer and hallway leading to a backdoor. There is now 1000 sqft of living space.

Steve

 

[Nyboy]

Sometimes when I am fed up with the rat race here at look at small hobby farms for sale and dream This is my dream this week
CL

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favorite this post $299000 / 6br - 4500ft2 - GREEK REVIVAL ESTATE HOBBY FARM (FORT PLAIN, NEW YORK) hide this posting
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6BR / 2.5Ba 4500ft2 available now

house
w/d in unit
off-street parking

GREEK REVIVAL CIRCA 1870 45 ACRE HOBBY FARM, FT PLAIN, NY
AN EXCEPTIONAL OFFERING - THIS 45 ACRE HOBBY FARM FEATURES A
13 ROOM MAIN HOUSE, A RENTAL HOUSE, 2 BARNS, SEVERAL ASSORTED OUT-BUILDINGS.
Great location 3 1/2 hours from Manhattan, only 5 minutes from the New York Thruway exit 29, The Erie Canal, and Amtrak RR
This 13 room 3700sf center hall Greek Revival with classic front facade located on rolling hills overlooking the scenic Mohawk Valley, is truly special and unique. It has been updated with todays amenities and boasts spectacular views, old world charm and is rich in detail and architectural appointment by renowned builders. It is located in the desirable St. Johnsville School District.
The main house was built in 1864 by Master Craftsmen, with later updates. The front porch and its 4 massive columns are of solid cement construction. The house sports a slate roof which has recently been restored. There is a large patio with Gazebo located on the side of the house which is great for entertaining! Another private patio is located on the rear side of the house
On the main floor off the 2 storey Center Hall are a banquet-sized 14 x 22 foot formal Dining Room with a brick fireplace and a swinging. . ."Butlers door; a formal 14 x 22 foot Living Room with a custom designed massive floor-to-ceiling brick fireplace, large floor-to-ceiling windows, and French doors which open into the Sunroom; and a large sunny eat-in country Kitchen with solid pine cabinets, new appliances, French doors also leading into the Sunroom, a half-bath/laundry room and a second staircase leading to the rear guest bedroom wing on the second floor. Off the kitchen is a Mudroom/Pantry which then leads to a Large Den/Family room with 2 offices. The Den has one door leading outside to the main patio area and a second door which opens to the private patio, gardens and fields on the opposite side of the house. The Den has a computerized pellet stove which enhances the rustic theme.
The center hall staircase rich in architectural features opens into the middle of the upstairs hallway. Off the main hallway on the second floor are the Master bedroom suite which features a full bathroom and a huge brick fireplace; 2 Queen-sized guest rooms; a quaint sitting area with windows overlooking the fabulous views of the Mohawk Valley and the Erie Canal; and a full bathroom. Off the rear hallway, are 3 smaller bedrooms with their own sitting area which has a separate staircase going down to the kitchen!
The top grade construction throughout the entire house is evident in the hardwood white oak floors and magnificent period moldings. Upgraded and renovated in 2007 to accommodate todays lifestyle, the plumbing lines have been redone, there is now 200 amp electric service, new ceiling fans, light fixtures and a satellite dish. All 3 bathrooms have new plumbing fixtures. Water to the house is from a super underground spring running through new water pipes to a 3000 gallon reservoir. High speed internet is available and will supply wi-fi throughout the house.
The house features a recently updated heating system with a new 97% efficient 2-zone furnace which uses clean propane; newly installed super efficient old-fashioned period cast iron radiators and an Energy Star rated water heater. All the appliances are included.
The income-producing second home has been renovated in 2009 and features 3 bedrooms; dining room; large sunny living room; eat-in kitchen with new stove; office alcove; pantry; 2 car garage with workshop; covered patio; new roof and heating system. It is currently rented at $600 a month. Total 1,500 Sf. (Can pay 1/3 of your mortgage payment)
The 2 storey 38 x 100 square foot cinder block barn with slate roof is in excellent condition! The lower level has 9 foot ceilings; a large heated office; a large storage room on the lower level and a large storage room on the upper level; 2 horse stalls; equipment storage area; a complete workshop; a wide easy-access staircase going to the upper level and room for much more! The upper level constructed of post and beam has 24 foot ceilings and ample storage space. The barn has 200 amp electric service and has a total of 7200 square feet of floor space.
Next to the large barn is a smaller barn formerly used for sheep. There are also several sheds which had housed ducks and geese.
The terrain varies considerably from steep to flat. About 15 acres are wooded. The remainder is manicured lawn, grazing, hay and corn fields, ¦all with quality soils suitable for a variety of growing and farming possibilities. At the highest point in the northeast corner of the property, is a small hunting lodge with a porch and spectacular views for miles around. The perimeter of the property has been fenced for sheep. The farm is affectionately called Hidden Creek Farm due to the charming stream that runs down the fields, through a small pond and into a large stand of trees! Immediately around the house the property is landscaped with many ornamental trees and shrubs. There is 3000 feet of road frontage.
There is more!! On one of the upper fields, the owners have developed a world class Paintball Sports Complex. There is also a 9 hole Mini-Golf and Golf Driving range where you can entertain your guests in style! The Paintball Complex is often rented for parties and special events. Included are the playing fields, snack bar, food court, BBQ area, general store and picnic areas. You may continue developing the business or easily revert the land back to farm use. Visit www.hilltoppaintball.com/house to see more!
A variety of power tools and maintenance equipment - such as rider mowers, an ATV, 2 golf carts, etc. - as well as the contents of the house are available for sale.
Convenient to great local restaurants, outdoor sporting centers, country clubs, and historic attractions, buying this property is more like buying a lifestyle! Perfect for opening a B&B or Yoga retreat.
PRICED TO SELL AT $299,000 - well worth the price with or without the business! Despite all this, the taxes are only $6000 annually.
LIFE IS GOOD AND SUDDENLY GETTING BETTER!
VISIT OUR WEBSITE: HIDDENCREEKFARM565.COM
Email at show contact info or call SHANE AT show contact info OR STAN AT show contact info

• do NOT contact me with unsolicited services or offers

post id: 6318907467


posted: about a month ago


updated: 16 days ago


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[Nyboy]

Where I live now $299,000 would get you a 2 bedroom condo Don't even try for house at that price