>want to buy a comfy rural house
>live my days in seclusion surrounded by nature
>can't find anything for sale that isn't a rotten rundown shack
Why are these places so hard to come by? I imagined old rural houses would sell for cheap but some are even more expensive than high end city appartments
buy a shack that has a healthy structure and fix it up yourself
you want to go live alone in a rural house but you cant even be bothered to fix up the house, you're never gonna make it
I have one, OP. Come live with me. I'm very lonely.
The reason is that the boomer generation (40s - 60s) are all retiring and this is one of several locations they'd like to retire. They spent their entire youth moving up through the real estate market and likely owned a home during boom times, sold it and bought low multiple times already. This means they can cross the $1mil threshold in a lot of cases which means you'll almost never find a nice house in a rural area for less than $500k.
Since the cost of a shack is already near $500k depending upon location and the land is likely >$100k with multiple acres this means if you can construct a nice home on that land for $200k-$300k you can still make a profit.
So this dries up all available real estate for new entrants to the market and the high demand, low availability drives prices even higher.
In cases where there is a clear "bulldoze and build" profit to be made you'll see properties sold within weeks of listing.
Also lupin is dope. More people need more lupin and foxglove and they need to plant it absolutely everywhere.
give me thousands of dollars and i'll come
>just build a house lmao
Same user. I've got my eye on a piece of land about an acre in size for 20k AUD, but I don't have the money right now to buy it, let alone clear and level it and then build a house on it. I'm so scared someone is gonna snap it up before I get the savings together considering it'll take me like 6 months to do it and no bank is gonna lend to me because I only have a shitty casual job at a gas station.
The problem with a teardown is that building a whole house is so expensive you might end up paying more in total for the existing home + land than buying a similar more expensive pre-existing house in the first place.
Cases where you can do a teardown and live in a trailer while building a new house and still make a profit are rare, because when they show up there are developers/builders who will jump all over that in a market with rising prices.
You'll only start to see serious opportunities appear when the profit motive disappears during a serious downturn in the market... hopefully we'll see that happen soon but it's nowhere near certain.
Whoa. I should move to aus, but where the heck is that? An acre where I am starts at $380k AUD.
$20k isn't even enough for a down payment on the mortgage assuming that acre already had a livable home on it.
hopefully trump loses the election and the next president ruins the economy and everyone stops buying land then you not only get a cheap land you also get to enjoy living off the land all the while laughing at the urbanites struggling to pay the rent for their run down apartments with their shitty office jobs
Damn, that house is too big for me.
I only need a comfy shed somewhere somewhat rural. Easy maintenance and stuff. Some land for veggies and stuff. Greenhouse too
It's literally in the middle of nowhere near a rural town in Tasmania. Never been built on and covered in scrub so like I said it needs clearing but I can do that on the cheap with goats/pigs after fencing it. The cost is in building, because it's pretty far from civilization getting a builder out there will cost a decent amount and I'm too shit to do it myself.
>not purchasing a broken down house and fixing it up
quit being a child
>Tasmania
I see. *sips pint*
Sheds only cost like 2k :D I'm not sure I'd want to live in some horrible wood shed though. Also it would be insane to put a 2k wood shed on a 1/4 acre lot worth 200k.
We used to live in a pretty secluded house from the 80's a while back, lived there for many years and the place was just fantastic. The town didn't even have 600 people but stores and job opportunities were still avalible and the city was an hour drive away. I grew up in that town so I knew the place pretty well but most people my age had left a long time ago so mostly just boomers and old people there.
I would take walks in the wilderness everyday, the same route but switch it up a little now and then, I tok many good pictures but sadly I lost majority of them when I broke my phone.
3 years ago we moved, live about 2 hours away now but the place is very different. Mom really wanted to move because she felt trapped there and didn't like our neighbours because they were "too social" and always wanted to chat and hang out. They were really nice people, couple in their early 60's. So we moved and now the place is being rented out to an even older couple who probably just want to spend their last years in the silent countryside, that's fine.
Vut the worst part is that my mom didn't even change after moving, she's still the lonely old jobless woman she was before only this place fucking sucks. The house is a patchwork, it's too many farms, houses and people around us, there are planes flying over us al lthe fucking time and it's no place for me to hike.
I wish I could go back
pic taken is from the last stroll I had
You can buy rural land cheap anywhere. I like TAS because it's not over 30 degrees half the year like it is up in QLD where I live now.
Fix it you useless fuck.
It's not that hard.
How do you bros buy a rural nice house that still has decent internet for comfy streaming and internet gaming
Those things become less interesting once you get settled in
When you're rural you realize that have the freedom to do mostly what you want without anyone else bothering you. You have no reason to sit inside and stare at a screen when you can go just go outside and enjoy your surroundings