This is What We Did With 117 Acres
Three years later, we sold land, traded land, and kept land.
Three years ago, my partner and I ran across a great deal on 117 acres of land. We didn’t have any intention of buying that much acreage. We had been looking for a 10 or 20-acre tract as a hedge against inflation.
We reasoned that if the stock market crashed and other investments lost value, at least land was a tangible asset. But the market for land was so hot in 2021 that every time we made arrangements to go with our real estate agent to look at a tract, the land sold before we got there.
This was due in part to the fact that my mother lived with us. She required round-the-clock care, so I needed to make arrangements for someone to stay with her every time we left the house. It usually took several days to hire a caregiver, and by that time the land was gone.
But large tracts of land do not sell as quickly as smaller parcels, so the next time we made arrangements for my mother’s care and met with our real estate agent, the 117 acres were still available.
We fell in love with it instantly. The land was heavily wooded, crisscrossed by streams and flanked on both sides by farmland and horse farms. Our jeep bouncing along a rough logging road, we glimpsed blue mountains shouldering…
