I want to buy five acres in Oregon

[Dean Trails]

Originally Posted by jduri715

I'm looking for a small piece of land on which to build a small homestead. I'm new at this and still in the planning stages. I think five acres would be nice, possibly with a creek or pond. Any kind of a house or outbuilding would be a plus. I have no idea what the cost would be, I think I could spend about 250k. I'm looking for ideas about towns or areas...prices...
Anybody else done this?

I haven't done it yet but I want to. I want to live off the land and grow stuff. We will need to become more self sufficient as the govenment tries to take more things away from us to sustain their higher and higher taxes!!

[kimhamblin]

I think you can find that type of land failry easily. The trick is the commute for a job. The McMinnville area might be a good fit- close to Newberg hospital, but cheaper. Also, maybe Dayton, Yamhill. Carlton would be great, but might be too expensive. Maybe Amity. Also, the Dallas, Independence area outside of Salem might be a good fit. McMinnville is my first pick- it has a locally owned beer theatre called 3rd Street Pizza- delicious too! Lots of great restaurants and some culture too!

Financing land is very tough right now, you'll want about 30% down. Of course, if you have cash, you could get a very good deal in this market!