Buy a Homestead: 12 Questions
When we decided to buy a homestead, I had no idea it would be such an adventure…
Back then, I didn’t even know what “homesteading” was- all I wanted was some pasture for my cows… And a compost pile.
We have been able to make the transition to a homestead quite smoothly due to our “cattle property”.
Many of my readers are just starting out on their journey to self-sufficiency and send me emails and comments. It makes me so happy to receive such emails and I just want to cheer for you. In this article, I share 12 things to think about before purchasing any property for your future homesteading goals if you are in the market to buy soon.
Remember, though, that you don’t have to purchase acres and acres of land to join the modern-day homestead movement. My eBook will point you in the right direction if you desire to become more self-sufficient in your current location.
How to Buy a Homestead: 12 Questions
1. Is there potential here?
If you want to purchase a homestead without breaking the bank, sometimes you have to look past what’s right in front of you to see what’s possible. When we bought our property, it was a mess- falling fences, a washing machine in the pasture, and trash piled waist-deep in the barn and shop. To bring it to life, however, we knew we would have to put in some sweat equity.
2. Can I achieve all my future goals with it?
You don’t need thousands of acres, but even if you think you might want a milk cow one day, make sure you have adequate pasture space. It is easy to become addicted to this lifestyle.
3. Would my plans be compatible with the current layout?
If you need to build a chicken coop or barn, is there enough space? Does the yard have a sunny spot for a garden, or is it shaded by trees the entire time?
4. How do the winters look like here?
Prior to purchasing our land, we had experienced many brutal Wyoming winters. Nonetheless, we did not expect our front door to drift completely shut the first year…
5. What is the growing season like, and how long does it last?
A cold climate and short growing season will make it difficult to increase food production. (Ask me how I know… Gardening is a struggle here (fruit trees hate me…), but it can be done (especially if you mulch!) – it just takes some more determination.
Here are three more questions for you
6. What is the current water situation? Are there enough water sources?
Are there septic systems on the property? How about leach fields on the property? What is the well’s capacity? Can water be pumped or stored off-grid? If you can find a property with rain barrels, cisterns, hand pumps, etc., that would be a bonus.
7. How are the neighbors?
‘Neighboring’ can be essential to success and survival if you live in very rural areas. Many ranchers have helped us out more times than we can count- and we return the favor whenever possible.
8. Can I afford it? How much will it cost to make any improvements?
We are huge fans of being debt-free, as you know. Although we took out a mortgage to buy our home, our property payments aren’t extravagant, and we plan to pay off our mortgage early. Even if you are looking at your dream house, I urge you not to overspend and put yourself in a bad financial position.
The last 4
9. Is the outbuilding in acceptable condition? Is it immediately usable?
After a home, we wanted outbuildings. With our harsh winters, we couldn’t wait years to build a new house. Aged buildings/sheds/barns do not have to be unsafe. Maintain them and make sure they are safe. I was most interested in properties with ready-to-use buildings when we were looking. We have a lot of work to do to our outbuildings, but having something there when we moved in was invaluable.
10. How far is it from town?
Are you planning to continue working in town? Don’t forget about gas and time! I live about 40 miles from my boyfriend’s job. He enjoys the drive, but some people find it exhausting. 😉 If you’re moving out of town, movie nights and pizza runs will become less frequent. For us? It’s a bonus, but not everyone feels that way…
11. Is the property subject to any zoning restrictions? If so, what kind? Is there a homeowners association?
To find a property without covenants or HOA rules, we were very picky. For many homesteaders, these are the number one headache, so make sure that your rules allow for any future plans or goals. Some homeowners’ associations prohibit certain kinds of animals, including clotheslines and chickens. You may not be able to reach your homestead dreams due to this issue. Ask your HOA what they will allow before buying.
12. Are there any other hazards that I should be aware of? Fluxes, blizzards, ice storms, hurricanes, and tornadoes are just a few examples.
We receive blizzard warnings, drought warnings, and tornado warnings regularly on our homestead (and sometimes multiple things at the same time…). The occasional shot of adrenaline doesn’t bother us, since we enjoy it. Prepare yourself physically and mentally for any “adventures” you may have in your area.
