Location, location, location! There are two options when purchasing a property to homestead on. 1. Develop a piece of raw land, or 2. Buy property that is already established. I highly advise the latter, unless you are filthy rich, in which case this entire article is not for you. Carry on. When my husband and I started out on this adventure a little over a yea ago, we fell in love with a parcel of land in Western Oklahoma. The landscape was beautiful, and the fact that the mineral rights were being sold with it was defiantly a plus. There was an existing pump jack on the property, so it is very likely the property is on top of an oil deposit. That however is a whole other machine and won't be covered here either. Our youngest pictured on the parcel of land we wanted to develop. What I would like to cover in this article is costs to develop raw property. The obvious cost is the land itself, but there are many more that aren't so obvious. Keep in mind, these estimate...
Thus says the Lord: “Stand by the roads, and look, and ask for the ancient paths, where the good way is; and walk in it, and find rest for your souls; Jeremiah 6:16