Why It's Cheaper to Buy 100-Acre Homesteads
One of the challenges you will find as you search for land is how expensive parcels can be. In some areas, you might even find prices in the hundreds of thousands per acre. One of the big issues here is the number of buyers you are competing with. If you find a property in your area that's 4 acres, there might be 40 other families competing for that same property. And when there are lots of buyers and a supply of one... what does Econ 101 tell us? The price will always skyrocket. That's why many of the properties you're looking at are so expensive. Large properties don't have this problem. 50-to-100-acre properties only have a couple of buyers (if any) in that market. The result is that you can find pristine land for closer to $5k - $10k per acre. Now, I know what you're thinking: "That's great, but I still can't afford to pay $300k for 50 acres." Here's where the power of numbers comes in: What if you got a group of your friends and family together (or a group of Catholic would-be homesteaders you met online...) , bought a pristine property together, and split it amongst yourselves? Then you could secure prime real estate for way cheaper-- AND do it alongside likeminded neighbors. This is the dream and ultimately where we want to take this community. What are your thoughts? Would you do something like this?