Originally posted by big_pond:
This tract of land has a 15.5 acre lake on it. But It is two and a half hours drive away.
Tell me, would it be worth it to sale what I have now, and have an extra $100,000.00 to $150,0000 pocketed away, after I bought this new tract of land, and drive an extra 90 minutes away to get to a Bigger lake that stays full? Or just keep what I have?? which would you choose?
Well here's my two cents...
Everyone has brought up good points about medical care. Comparing one property against another is never easy. Before purchasing my place I looked at LOTS of properties. I know I'm not telling you anything new. Access to: medical care; grocery shopping; gas stations; hardware stores. Property features like: access road; utility availability; septic requirements; building permit cost and restrictions; topography. Watching out for potential negatives like: protected species be it flora or fauna (a big thing here in CA) or toxic cleanup. Probably should also get into information about the new lake (15 acre), does anyone else have access rights or water rights, what is in the new pond, how healthy is it, how old is it. All those types of issues.
That being said, if the new property has similar access to the items above and similar features (or at least not significantly worse that the property you now have), for me it would be a no brainer. Out with the old in with the new. A 15 acre lake that stays fairly full, and $100K to $150K available for improvements, wow.
90 minute drive, nothing. I realize that we are skewed in California when it comes to driving and I am the LAST person that should give advice related to this. My pond property is just over 500 miles (yes that's one way) from my current home. It takes 8.5 hours each way. And yet I'll drive it in a heartbeat. Heck to stock my RES and BG I drove 8.5 hours up, bought the fish, stocked the pond, spent the night and drove 8.5 hours home the next morning.
To me you have to look at the overall life picture. If you think this property is unique and that it would be an upgrade to your existing property then "JUST DO IT!" Don't live in fear, don't retreat in battle, don't spit into the wind, don't stand so, don't stand so, don't stand so close to me..... (sorry still adjusting to being off meds and out of therapy
).
That's my perspective. Let us know more property details, post photos if ya got em), and let us know what your decision is.
