Nearly two years ago now, I wrote a post called, The Housing Downsize Challenge. The challenge is rather straight forward. Buy two to three acres of land in the Wake Forest area (where my family lives), build a modest home (1,200-1,400 square feet), and do it all for at least $25K less than the net proceeds from the sale of our Charlotte home.
In all honesty, I thought the easiest part of the Downsize Challenge was going to be the land purchase. After all, finding two to three acres of land at a reasonable price ($10K-15K per acre) outside of Charlotte is a snap.
But unbeknownst to Mrs. Groovy and me, the Raleigh/Wake Forest housing market is a lot hotter than Charlotte’s, and developers are scooping up land like it’s going out of style. Per acre prices have gone up accordingly. Acreage in our desired price range seemed to exclude land bounded by visually appealing neighbors.
Or did it?
Last week the worm turned. Finally. After months of frustration, we came across the below parcel. It’s a little farther away from the gang in Wake Forest than we prefer (a half hour’s drive), but the acreage is right (3.4 acres), the price is right ($10K per acre), and the setting is right (nothing but pastoral farms and farmhouses in every direction).
Providing the closing on the above parcel takes place (oh, shoot, did I just jinx myself?), the location of Groovy Ranch has been found. Soon it will be on to the lovely task of building a house. I hear building a house really solidifies the bond between husband and wife. Respectful discussions over designs and finishes, timely and clear guidance from county officials, and flawless execution by the builder and his subs—nothing in the standard house birthing process could possibly bring friction to a marriage. Well, that’s what I hear, anyway. I’ll keep you posted.