I didn’t sleep well again. I have to make a decision on this house in the next 3 days!
Both the first neighbor and the Public Works engineer said that I needed to talk to the neighbor who owns 10 of the 30 acres.
I tried to visit him yesterday but got tired of waiting for him to come home. So, tonight, I picked my wife up from Costco and we paid him a visit.
Both he and his wife were very approachable. He immediately invited us in as if he was expecting us.
It turns out that he was expecting us! Neighbor #1 had told him of our visit with him on Sunday!
Ah, yes! To quote Celine Dion, “it’s all coming back to me now.” Small towns…neighbors that actually talk to each other…
Anyway, he was only to willing to tell us the WHOLE story! Complete with blueprints, plot plans of the development immediately to the east of him, etc., etc.
The bottom line…this isn’t the place for us.
Problem #1-The house on the corner is owned by an investment company. Neighbor #1 is actually hoping that the investment company won’t find out about the developer’s interest until he actually makes an offer on the property! How likely is that? Answer: NOT VERY!
Problem #2-The $100K per acre figure that has been thrown around is if the property is developed commercially. How likely is that? Answer: NOT VERY!
Problem #3-The price for an acre of residential property is $50K. 2.5 x $50,000 = $125,000. That would mean that I would lose over $100,000 if I sold the property! I might not be the sharpest tool in the shed but that don’t sound like a good deal to me!
Problem #4-The two main streets will be torn up for years and then, when they are completed, I would be living on something equivalent to a NASCAR track!
Problem #5-2.5 acres is a lot of grass to mow every week!
Problem #6-I don’t even like the house!
STRIKE THREE! YOU’RE OUT!!!
