Is there such a thing as owning too much land

[dixiegal62]

if you had a chance to buy 100 or 200 acres and you could afford it, would you?

[TxCloverAngel]

Yes Yes Yes!!!

[hillsidedigger]

All I could get.

[Raptor]

In a heart beat !

[ruby_jane]

If I could afford it, I would! You figure that if things got bad (SHTF? ), you'd have the room and such to feed your family and house others if it became necessary...

I'd have to put my ex husband and his wife and kids at the WAY back of the 100....keeps the peace that way

[MariaAZ]

For us it would depend on what is on the land, what it can be used for and where it's at. Having never lived on more than 8000 sqft of land, I don't want to overwhelm myself. I used to dream of owning a farm, but I'm not sure I'd be able to handle 100-200 acres of cultivated farm land. Although I'd love to have mixed use land (culivated, pasture & wooded) I'm not sure I'd be able to handle that much resource!

[Shirley]

You betcha!!

[dixiegal62]

sorry I should have stated this is wooded land with lake access it would be good for a cabin but not farming, great hunting land,which is why dh is considering it

[Gercarson]

100 acres to me is my ideal "homestead" farm. Don't think I would want 200 unless I could carve out the 100 and leave a buffer around them.

[dixiegal62]

Originally Posted by Gercarson

100 acres to me is my ideal "homestead" farm. Don't think I would want 200 unless I could carve out the 100 and leave a buffer around them.

we talked about if we would want to clear the land and live but at this point we are looking to retirement and have cleared land twice at our last 2 homes. We are tired Where we live now is where we are happy its only 11 acres but we have a shed,barn, pond and pasture and dont really want to work more. dh has always had a dream of owning more land if for nothing more than hunting, and maybe having a cabin to get away to. plus the land is in a great place,lots of lake homes and such and if we ever needed to sell we would do well even if we just sold a small portion.

[nomad7inwi]

It sounds perfect!

[ArmyDoc]

I am of the opinion that you can't own too much land. (By own I mean just that - free and clear) I suppose you could own so much that you couldn't afford to pay taxes on it. But it seems to me that if you owned the land you should be able to lease it, or sell part of it to enable yourself to pay the taxes etc.

If you could afford 100 acres, why not? You don't have to use all of it yourself. I have a friend who's father owns nearly a full section - 640 acres. He retired from farming recently. Did he sell it? Heck no! He leases most of it to a neighboring farm and lives on a small portion. But it's still his land.

[springledge]

I have 190 acres that have been in my family for generations....I've lived here all my life and wouldn't have it any other way. I lease the open farm land to a local farmer and kept the wooded area and about 20 acres up around the house for myself. It works great for the farmer and I get to have room for chickens, goats, guineas etc.

On wooded acres you can sell some of the trees to help pay for the place. If you do that though, you really have to know the person that does it and watch them closely or they will really destroy the woods and take trees that you don't want taken.....ask me how I know There are also hunters that will pay to lease wooded areas to hunt....I don't do that, but I've had a lot of offers.

Of course, you can also sell some of the land to pay for improvements on the land you want to keep. Sometimes, if you divide the land up into lots you can get a lot more than if it is sold as a whole.

[CJ]

Too much? If I could afford it I'd own thousands of acres, and all my family members would be scattered around on it.

[BetsyK in Mich]

I'd buy it in a heartbeat if I had the extra cash and it would produce enough income to pay the taxes and/or insurance. They are not making any more land. It is always an excellent investment, land usually always appreciates and property on water will for sure. Think outside of the box to find ways to make the land pay, there are lots of options.

[Alice In TX/MO]

Buy it.

[goatsareus]

No No No No.

In my old age (!), i'm 55, I have learned that owning things means responsibility, means taking care of it, means taking time and energy to look after things, means it is a hugh responsibility that must be taken seriously.

We own 75 acres and it is too much. All we do is pay taxes on 55 acres of it, never walk that 55 acres, never see it, only pay taxes.

So, even though I think real estate is a good investment, I would not own any more land than what I already have. We have passed on the opportunity to buy neighboring land. For us, just not a smart thing to do.

[CoonXpress]

Dang, All I want is 20 continuous sections of land.
Or the King Ranch, whichever is bigger. :1pig: :1pig:

Will

[pcdreams]

crazy as it sounds I've always had a dream of owning 3000 acres of ranch land. Plenty to run a bunch of cattle, horses, on.

I think if I had 200 acres I'd put my homestead in the center and have the rest as buffer Nice long driveway.

[Windy in Kansas]

Yes you can own too much land. If the income from the property does not support the amount of taxes on it then it is probably too much.

As you your second question in your text and not in the subject title, if I had the chance to buy land and had the funds to buy it and support it then yes I would be thrilled to buy it. By supporting it that means to give the land the stewardship it need as well as paying taxes, etc. on it.