In my HS years, I grew up on 165 acres, we lived on another 15 acres
my parents, my Father & the bitch stepmother got divorced
&
they sold it off, all 180+ acres, Garden Valley Ca. area
ElDorado Co. nice rolling hills & oak trees & conifers everywhere
a great 40+ acre bottomland parcel, with water running, threw & across it
sort of marshy, always green & lush, the cattle & horses
my Bull & my pig loved it too
I loved it, a great place to go 4 wheeling & riding my motorcycles
it was the late 70's, it's worth probably 10 times what it was then...
I considered it "a lot"
I've owned 40+ acres recently, good open wooded land,
good for cattle land, Tuolumne Co. above Sonora,
(bare land that had power/water to gate/entrance & needs septic
was/is about $200k
currently for a 4-acre parcel, I just looked at)
after building a 2500 sqft house & 3500 sqft barn on it,
I subdivided it, the land was split/separated into 5 separate
8 acres piece of property, made it worth a tad bit more...
Had/came with plans for roads, drainage, sewer & utilities etc.
I sold it off, it was a decent chunk of change more than I purchased it for
I won't disclose the price here...
It paid for all the kids education & student loans,
so they didn't have to deal with it anymore, freed up some of their funds...
They were going to get it anyway, sooner now than later,
while they could enjoy it...
I considered it "a lot"
I owned 160 acres in Alaska, Palmer Area back in the mid-early 80's,
by Polar Raceway (dragstrip) in Palmer, for about $100k, put $48k down
beautiful hunk of land, full of critters & a small 6+ acre lake/pond
I sold it off later when I moved back to California for my business...
Alaska was in trouble at the time, with lots of vacant houses,
property values were way down, crashing
100,000 people left, from the people moving up during a boom
in the early-mid 80's
I sold to a guy, who subdivided it & he made 10+ times on it
of what I did...
I consider that "a lot"
My 3500 sqft house in Turtle Creek subdivision
nice swimming pool spa B-ball/handball court, 5 car garage
in Concord in my late 20's & 30's bought low $255k & sold high $455k
just before the real housing boom, 1997
I considered that "
a lot", way more house than I needed...
It really set me up for later years, I really didn't really know it then...
But that sale, funded my purchase of a duplex in Rancho Murieta CC
rural So. Sac. Co. a 1300+ sqft 2 bed/2 bath & 2 car garage
& adjoining 1600+ 3 bed/2 -1/2 bath & 2 car garage
that org. investment $275k I pretty much doubled what I got for the house
in Turtle Creek, after 10 years
even in-spite of the Obama-era housing crash...
& I inherited another couple acres with a Chalette A-frame on it
1500 sqft bi level @ 9,000ft elevation by Sonora pass,
family cabin since the 1930's, my Granddad bought it when he
was up here working for Shell Oil Co. as an Engineer,
spec-ing/selling them greases/lubricants
dealing with the builders/engineers/contractors
of the Pinecrest/Strawberry damn/reservoir
It was an absolutely beautiful piece of property, with
lots' of snow
great well & densely wooded, huge *** trees, water close, skiing really close,
& really good drainage...
I sold it off, when it became too much of a hassle, too much time
& no help from family to maintain it,
for the amount of time I could spend there
or the amount of time everyone else had spent there & no help...
Sold it for probably 90-100 times what my Granddad org. paid for it
I considered it "a lot"
I currently don't have much land perse, just my lot & house...
$394k org. price Sept. 2005, just before the Obama era market crash
it's back up considerably now, seller's market...
Some rental property with 2 of my (5) sisters...
I consider it "a lot", since I own it...
"A lot" means different things in different areas...
both in value & size wise...
location location location, when it comes to real-estate
