Kiki's Fresh Freaky Friday Fun Fudge Fantastic-ness

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Yeah that’s a great idea too! I’d actually love to just get some land or something even if I have to just pitch a tent on it 😂🤣 but then again building is expensive I’m sure so probably best to just buy an existing house or building.
*THAT* is highly inaccurate stance to have about building Vs. get vs. restore/renovate

The old addage is still extremely true. There are 3 rules to real estate: location, location, location.

There is such a variation on building to the variables are just mind numbing.
One scale you can use is price per square foot. BUT, and it's a gigantic Butt..... There again variables come into play.

Let's say you see a property with a base price of 10K per acre and they nearby building contractors are all charging $45-55.00 per square foot so the house will still cost you a pretty penny.

As a wierd detail we got really lucky when we found this house. It was a foreclosure. If I remember correctly it was about $47/sq ft IF.... IF, you ignore the acreage completely in the sale price.

Around this county single acre lots are in the 25-80K range "empty" with no gas, water or sewer hookups at the curb.
A water well last I knew was $30-50K depending on which depth aquafer you went to.

Do your homework on the tax rolls in the counties you might want to get property in. It's not very hard. It's one of the 1ST steps we do when we look at something for sale.
It shows the split on taxes: lot and building etc.

It's actually not overwhelming, more like a fun crossword puzzle. The math is all very simple.and once you start to *see* the patterns in taxes. It's no different the watching the price of gas or diesel at the pumps across town or the nation.

Here's a fast parallel, with the same level of math.
Your vehicle gets 20mpg (freeway speeds) on avg.
A drive to Detroit from Dallas is gonna take ~50 gallons - one way - or ~100 round trip with no extra driving.
(I just opened the fuel buddy app for reference) diesel is "on average" around $2/gallon. So that's ~$200 for the fuel round trip.

Not hard math at all, right?
 
*THAT* is highly inaccurate stance to have about building Vs. get vs. restore/renovate

The old addage is still extremely true. There are 3 rules to real estate: location, location, location.

There is such a variation on building to the variables are just mind numbing.
One scale you can use is price per square foot. BUT, and it's a gigantic Butt..... There again variables come into play.

Let's say you see a property with a base price of 10K per acre and they nearby building contractors are all charging $45-55.00 per square foot so the house will still cost you a pretty penny.

As a wierd detail we got really lucky when we found this house. It was a foreclosure. If I remember correctly it was about $47/sq ft IF.... IF, you ignore the acreage completely in the sale price.

Around this county single acre lots are in the 25-80K range "empty" with no gas, water or sewer hookups at the curb.
A water well last I knew was $30-50K depending on which depth aquafer you went to.

Do your homework on the tax rolls in the counties you might want to get property in. It's not very hard. It's one of the 1ST steps we do when we look at something for sale.
It shows the split on taxes: lot and building etc.

It's actually not overwhelming, more like a fun crossword puzzle. The math is all very simple.and once you start to *see* the patterns in taxes. It's no different the watching the price of gas or diesel at the pumps across town or the nation.

Here's a fast parallel, with the same level of math.
Your vehicle gets 20mpg (freeway speeds) on avg.
A drive to Detroit from Dallas is gonna take ~50 gallons - one way - or ~100 round trip with no extra driving.
(I just opened the fuel buddy app for reference) diesel is "on average" around $2/gallon. So that's ~$200 for the fuel round trip.

Not hard math at all, right?
Are u trying to rival @KDOGG331 novels???? 🤣🤣🤣🤣
 
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