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Jun
14
2009
From Farmland to Fixer-UppersPosted by Jim in Live, Our Story, Spending Money, tags: Colorado, land, money, real estateWhat are we thinking?
At some point we re-focused our search on smaller lots in more accessible subdivisions. Maintained roads are a good thing, and you can still be surrounded by vacant land, or at least situated so it feels like it. But a fixer-upper?!? We never thought twice about the idea. Been there. Done that. In a big way.
Later we discovered the most awesome piece of land in Badger Creek area of South Park County, CO. Much farther out there, way off the grid. And a much bigger nightmare.
But it does have a lot of awesome terrain and a Quansut hut we could insulate for storage. Yeah, right. The views weren’t that great. The solar power system in our trailer is more robust than the makeshift one installed at this place 30+ years ago! And upon our second visit, we realized this property had become a dumping ground after two old RVs mysteriously appeared, both without license plates.
A trip to the Park County Building Department revealed an insane amount of work, back fees, and red tape required if we ever wanted the property to appreciate in value. I mean really, why would any property owner put so much work into something the bank owned, and not do it legitimately or up to code? But I digress. We ran from that deal. Fast.
We are thinking smart. The whole fixer upper thing idea just makes sense. If we can find that perfect place which meets our immediate needs and offers projects we can take on over the years. After all, we already have our own home. We just need a place to park, a place to dump and an insulated place to store some stuff. Water and power would be nice too.
As long as the home we find doesn’t have serious structural damage, we can manage. Unlike this ultimate nightmare we saw. A tragedy really. Which could have been avoided with proper engineering, I’m sure. Call it a lesson in cutting corners …
This beautiful log cabin has overstressed structural members and rafters that no longer bear on the ridge beam – the ridge beam that is held in place with come-alongs. The beam that is out of plumb with the log post below. Not to mention the basement beam that is missing a center support post. What are we thinking? We are thinking that perfect project place is out there. Somewhere. And we’re thinking that somewhere is here near Fort Collins, CO – one of the top ten places to buy in the nation. So we’re thinking we’ll just be hanging out here until we find it, or until it starts getting cold again.
10 Responses to “From Farmland to Fixer-Uppers”
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Ahhhh the freedom of evolution’s green Earth. You can hear the wind through the trees and smell the fragrance nature’s finest and tallest. This isn’t just Marlboro country this is pull the proper permit country as well. Then there’s materials, tools, broken knuckles, dusty days, and the howlin’ coyote with it’s evening lullaby. Pass the beans dear, oh, and some of that squirrel would be good too, no, not the ribs the thigh, this little guy was runnin’ hard when I brought him down. A screwdriver in the throat works every time but man was he a scurrying, mmmm, awesome gravy.
Smell that freedom honey, it’s you and me and this framing hammer, and… damn it, ouch, smashed my thumb again. Oh man does it hurt. I’ll be in the trailer with some foreign sounding beer if you need me. Oh man does my thumb hurt.
Hey, doesn’t the new season of South Park start tonight? There’s a hotel with cable 10 miles from here, you in? You are? Then time’s a wastin’!
All the best homesteaders – Eric.
You paint an eerily perfect picture Mr. Man of Auck. But foreign beer? F@#& that S#!^ … Pabst. Blue. Ribbon!
Good for you for sticking to what you want but being willing to entertain other ideas as they come up. And seeing all those places must be so fun!
Fun and exciting, yes. But discouraging when you don’t get the one you want. But it will happen, “someday” … right!!?
Yes, we went through much the same in North Carolina…but there is some good news in all this. I believe the ultimate “bottom” of real estate probably will not be reached for another 2-3 years, so your patience should be rewarded by another 30-40% reduction in prices then! So, hang in there, don’t let the urge for a place outweigh good investment discipline.
“don’t let the urge for a place outweigh good investment discipline.”
Thanks Sam, this is good advice that I’ll keep telling myself.
LOL! Your experiences sound so much like ours! We totally understand what you’re going through. I can’t wait to hear about the place that you finally buy.
Believe me, you’ll be the first to know!