Wow, how do regular people live in some places?

[Broccoli B]

In the older part of town I'm not sure, probably 1/4 acre. Don't see any $300k plus houses in the older part of town though. All the new developments have 3/4 acre or larger lots.

Maybe there is a market for 3000-5000 sq ft homes with no yards, i wouldn't be in that market though.

In all fairness my house is ~2700 sq ft on 1/8th acre so i know about small lots, but location location location I have 70 ft of frontage on a ~2700 acre lake. If i didn't live on a lake there is no way I would live anywhere where i could see my neighbors.

[chavez]

[ohsix]

Broccoli B, my lot is 1/3 acre (14,470 sq. ft.) and house will be ~5300 sq. ft. livable. The slab pictured is 7496 sq. ft. which includes back porch and garage. Most lots in the older area of town are .2 acres or less. The newer 5,000+ sq. ft. homes here are built in new developments on 1 acre lots. Ideally, I would have liked a little more backyard and ~1/2 acre corner lot, but my wife and I want to live in the older part of town. Since there are no vacant lots, and very few houses for sale, we had to take what we could get.

[jason_ssr]

I'm in the market for a new house too. I'm in the camp of "get more land". I like my neighbors, but I'm tired of being cramped, having no space to add anything, and getting whipped by an HOA for stupid stuff. I dont need a bigger house or nicer stuff. 2500-3000sqft on 5+acres would do me just right.

The problem around here is everything is selling like hotcakes. Nobody will waste there time with a contingency, and homes in my neighborhood have averaged 3 days on the market. So you better have your siht together and/or have some place to go!

[pyrocasto]

I got lucky with mine. 7 miles from town, 3 from the interstate. In a rural area in a subdiv with no HOA, with 3500sq/ft on .9 acres, with 2200 acres of state preserve and hunting land a half mile down the road. Prices are still higher here but I got a good repo price. Should be perfect to rent or sell in a few years. Now go the same distance to one of the "namebrand" subdivisions around here and the price goes up 3 fold. It's amazing how much rich people will pay to say they live on Boardwalk. Most expensive house I ever put cabinets in? 9 million. 1 mil was their cabinet budget...

[RUSSIAN]

[eeven73]

house will be ~5300 sq. ft. livable.

WOOF.

I hope you plan on having a cleaning service. That is a S-load of home to clean.

[jgriffith]

My current house is about 2700 sq ft and I haven't stepped foot in several rooms in months. WTF do you do with a 5300 sq ft house? Does this include a massive game room, man cave, theater? Or do you have a dozen kids?

[chavez]

[goofyboy]

I thought we all had kids so we could have little people handle the chores we don't want to do.

[chavez]

goofyboy, we did. But 5300 square would be cruel and unusual punishment. Ok Johnny, here's the vacuum. See you in 7 hours!

[eeven73]

segment the thing in three 1800 square foot sections and do a 4 month rotation

[RUSSIAN]

[RUSSIAN]

For reference my small 1180 sq ft home currently could sell for around 425k, I'm in a much more blue collar area

[goofyboy]

[Bethany]

[Okie Boarder]

[jason_ssr]

You can still get it pretty easy around here. You basically have 3 variables, land size, age of the home, and proximity to downtown. You get to pick a dollar amount and two of the three variables. The higher the dollar amount, the better all three get.

But, generally speaking you can get 5+acres within an hour of downtown with a 2500-3000sqft house for $150-300k. You can stay in that range manipulating the variables. You can move closer, but get older, etc.

[jason_ssr]

doh

[Okie Boarder]

Sounds like about the same as out here. Of course you would cut the downtown distance to about 25 minutes.