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07-15-2008, 12:22 PM
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Member
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Join Date: Jun 2008
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cost of small rural property
Hello Everyone,
I am considering pursuing a job in Louisville. I usually shy away from cities that large because...
I want to eventually purchase a property of about 3-5 acres with a decent home for about $250k, but no more than about a 20 minute drive to work.
Would that be pretty hard to do in the areas surrounding Louisville? Impossible? Difficult but not impossible? Easy?
It looked like this would be a good place to ask.
Thanks for your input.
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07-15-2008, 01:29 PM
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I love useless facts!!
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Join Date: Jan 2008
Location: South Elkhorn, Kentucky (Lexington)
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Actually, there are tons of relatively affordable rural areas just outside of Louisville.
The best area would be far southwestern Jefferson Co extending into northwest Bullitt Co. This is a hilly area in the Knobs Region which has almost perfectly maintained its rural character. I'd look in the Pendleton Rd, Brooks Hill Rd, KY 44 west of Shep'ville, or around Barrelton, KY. You can easily reach Downtown via I-265 and I-65 from these locations
Oldham, Shelby, Spencer, and areas in Bullitt County east of I-65 are growing rapidly, and should be avoided if you want to save money and not have your land bulldozed in 10 years.
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07-15-2008, 02:56 PM
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Broker-Owner-Auctioneer
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Join Date: Aug 2006
Location: Oldham County Kentucky
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Quote:
Originally Posted by censusdata
Oldham, Shelby, Spencer, and areas in Bullitt County east of I-65 are growing rapidly, and should be avoided if you want to save money and not have your land bulldozed in 10 years.
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First, I live in Oldham County. I have no clue what the writer means to about "land bulldozed in 10 years."
That being said, the 20 minutes to anywhere in Louisville during rush hours can be a trial, but keep in mind that LaGrange is only 22 miles from I-65 and there are exits at mile post 28 and 34 where there is a lot of smaller lots.
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07-15-2008, 07:27 PM
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Thank you. At least I know it's out there.
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07-18-2008, 11:17 PM
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Custom Advice Provider
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Join Date: Nov 2007
Location: Louisville, Ky
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It really depends on where you work within Jefferson County. If you put a hard and fast rule of 20 minutes and you work at the Slugger museum, you'll have problems living outside the county and still making it 'on time'.
There are rural areas in all directions from Louisville although Harrison county in Indiana (SW of Louisville across the Ohio) might be challenging since there isn't a SW bridge in Jefferson that crosses the Ohio.
Beyond the locations already mentioned, you may also find a place on the edge of Spencer and Jefferson county (SE of Jefferson county).
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07-19-2008, 08:51 AM
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Norton Suburban Hosp which puts me on the east side of town.
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07-19-2008, 01:18 PM
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Moderator
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Quote:
Originally Posted by bonnie jean
Norton Suburban Hosp which puts me on the east side of town.
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I would most likely look in Shelby County then. The area around Simpsonville is a great investment. Also, there are still some quaint rural areas in Jefferson County. I am thinking of the area around Fisherville and the SE part of the county near Spencer County.
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07-20-2008, 08:50 AM
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Custom Advice Provider
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Join Date: Nov 2007
Location: Louisville, Ky
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You can also look at northern Spencer county along hwy 155 (access the Snyder from the I-265/Taylorsville interchange. Generally less priced (dollar/sq ft) than Shelby county but won't appreciate as quickly or as much.
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07-20-2008, 09:11 AM
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Senior Member
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Join Date: Apr 2008
825 posts, read 202,706 times
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Quote:
Originally Posted by censusdata
Actually, there are tons of relatively affordable rural areas just outside of Louisville.
The best area would be far southwestern Jefferson Co extending into northwest Bullitt Co. This is a hilly area in the Knobs Region which has almost perfectly maintained its rural character. I'd look in the Pendleton Rd, Brooks Hill Rd, KY 44 west of Shep'ville, or around Barrelton, KY. You can easily reach Downtown via I-265 and I-65 from these locations
Oldham, Shelby, Spencer, and areas in Bullitt County east of I-65 are growing rapidly, and should be avoided if you want to save money and not have your land bulldozed in 10 years.
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What does having your land bulldozed in 10 years mean?
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