Homstead shopping need help with pricing

[Conhntr]

I am trying to make some comps on a property im looking at.

How much would 2500ft of tpost and weld wire fence (in good shape some tree falls that need fixed) and a 20x54 steel beam barn with water/electric. The barn is older but in very usable shape

If i where to contract to get those two things built what is the price range?

Im guessing the barn is 15-20k and the fencing is 8-15k??? Im comparing two very similar properties but one has the fencing and barn and the other would need me to have it built.

Just looking for ballpark figures

[Wolf mom]

Prices vary on just about everything in various parts of the country, and I notice you don't have your area listed in the upper right. It sure helps to be area specific.

Check with your Realtor. Ask for comps of the area. Call a fencing company, ask for an estimate....

[Conhntr]

Front royal virginia. I understand the ranges but just wanted a range. I feel it adds at least 20k value and makes 2 less projects on move in!

[Rosepath]

I personally would always go with an existing barn and fencing, even if some repairs would be needed, over having to take the time and expense to build the same.
Of course it depends on what you're fencing in or out - woven wire is my least favorite, cattle panels are what we use for putting up a fence quickly, just that baby lambs and kids can and do get throught the fence, making for frantic moms for a few weeks, till they're too fat to excape anymore.

[Callieslamb]

I avoid welded wire with animals too. They just break it. But it does well around my garden. Here Woven wire is $150 for 100 ft. You need a tpost every ?10 ft with wooden posts at the corners and every so often. Tposts are $5 each. Wooden posts 4x4 8 ft tall were $7 last year.

We added it all up and when the cattle panels are on sale for $20 each, it's almost the same price as the woven and much easier/faster to put up since you don't have to sink and cement any wooden posts. Cattle panels are 16 ft long 4 ft high. We use one post at each end and one in the middle.

[earthkitty]

The ONE thing that I would do differently if I could...I would have bought a property that was already fenced.

For me, it's all well and good to look at something and say oh, I'll fix that, and build that, and do that, and change that...I'll take it!

But then the reality of having to do all of those things, and pay for them, just sets your time frame back on growing/harvesting/aquiring livestock.

We bought our property two years ago, and it didn't have a stitch of fencing on it. We still don't have near all the fencing we need, and it makes me crazy.

[Conhntr]

Ya im very seriously leaning towards the property with barn and fencing setup. The other advantage i see is that the price is about 20k higher everything else is oretty similar. But instead of oaying cash for the barn/fencing it will be in a 3.6%mortage and let me keep more cash in a rainy day fund!

[edcopp]

If I remember correctly Front Royal is about an hour drive from the Washington D.C. beltway by 4-lane. That won't make things any cheaper.

[Conhntr]

Originally Posted by edcopp

If I remember correctly Front Royal is about an hour drive from the Washington D.C. beltway by 4-lane. That won't make things any cheaper.

Get you barf-bag handy...... Ive been actively looking for 3 years this is the best i have found.

1. 2000 sq ft brick ranch 1970s in good shape overall but needs some work estimating 10k in improvements. It is all electric so i migt need to soend another 10k pending on what the bills looks like id consider switching to a big propane tank for per/month savings and not relying on power lines.

2. 20x54 steel beam/siding barn with 5 stalls, a small workshop, water and electric hookups.

3. 9.5 acres total slightly sloped. 1 acre is driveway house/barn the remainder are several fenced pastures totalling 8.5 acres. Pasture is in good shape and has alot of grass even in middle of winter. No water on property but a large creek 200yards past line and 100feet down so well should be good.

4. 28 miles to work (is 45-60min in AM and 35-45min on return). The killer is i can make 2x as much money in the DC area as anywhere else which is why i am staying!

Price is 400k!!! Real estate here is not cheap!!!

[Ozarks Tom]

Although the barn will figure in, I doubt the fencing will be prominent in the price of the property. Most people don't consider it a big asset, a probably would discount it by at least half of replacement value in negotiations.

[ET1 SS]

Originally Posted by Conhntr

Get you barf-bag handy...... Ive been actively looking for 3 years this is the best i have found.

1. 2000 sq ft brick ranch 1970s in good shape overall but needs some work estimating 10k in improvements. It is all electric so i migt need to soend another 10k pending on what the bills looks like id consider switching to a big propane tank for per/month savings and not relying on power lines.

2. 20x54 steel beam/siding barn with 5 stalls, a small workshop, water and electric hookups.

3. 9.5 acres total slightly sloped. 1 acre is driveway house/barn the remainder are several fenced pastures totalling 8.5 acres. Pasture is in good shape and has alot of grass even in middle of winter. No water on property but a large creek 200yards past line and 100feet down so well should be good.

... Price is 400k!!! Real estate here is not cheap!!!

That is a lot of money.

In this area 10 acres with house and barn can go for anywhere from $40k to $100k.

[LittleRedHen]

While you can make twice as much money working in DC, how much money will you be spending each month on interest payments to your mortgage company? vs finding a cheaper place to live and taking on a lower paying job?

[Conhntr]

Total piti payment is 1800$ (i have. A 20%downpayment and excellent credit)

I really cant leave. Im in a union job with 12 years in and have a 5500$ a month pension at 25 yeArs. In addition to making half as much or less if i scab for a nonunion competitor elsewhere

[ET1 SS]

Sometimes the differences in economy is amazing.

An old friend of mine works in the DC beltway, and lives in Va. Her income is over 10X more than my income. She has a nice home on 10 acres [which became surrounded by high-density housing soon after she bought it]. Her home is currently 'underwater', she owes over twice as much on it as it is worth. Her monthly mortgage payment is more than I earn in 5 months. Her company is downsizing, she worries about losing her job. Which would make her homeless.

I have 150 acres, my home is larger and paid off. It cost me less than a year worth of her mortgage payments.

I find it interesting that these two examples are in the same nation.

One person is high-paid, living in a high-cost area, that has gone through a housing bubble, worried about approaching lay-offs and homelessness. Another is on a small pension, in a long-term depressed region with no worries.

She and I are the same age.

[Conhntr]

Oh ya housing bubble. LSt sale of the minifarm im interested in was 775k in 2006!!! I feel for these people.