We are looking at a few properties in NC- One is a 16 acre 'farm',barn in fair shape,outbuildings,house in very poor shape,fields have been in hay and seem in good condition.The sellers last offer was $85,000.There are no guarantees on the septic or well.There is power and phone service.No fencing to speak of. Others are bare land with no improvements.One is 20 acres of rolling land for $55,000 The 'farm' is a nice property but the sellers are selling it as if the home is worth money.We had an inspection and the house is in all honesty not worth saving. With the difference in price between farm and bare land is it worthwhile paying the extra for an established(although rundown) farm? How much would the extras on the farm be worth do y'all think? I know it is very subjective but advice ia always helpful. Bare land seems like a huge undertaking but I imagine lots of you have done it.