|Goats were on my list of must have livestock. |
It wasn't a quick process with our house taking 18 months to sell. However, along the way we learned a lot about buying LSBs, and our needs started to win out over our wants. While for many it is about having more space, others will strive to live a more self sufficient life, hence the name Lifestyle Block. Living on and running a small farm isn't as easy as it may appear on television, but there are a few things to look for when buying property that can make your decision easier.
The step from a small town section to acres of rural solitude is a big one, and not only in the financial sense. Before making any decisions, it is important to answer a few key questions to help you in you search.
- What are you looking for?
We had to remove some trees to make space for hubby's workshop. He is an engineer and home mechanic to his Land Rovers so it was important to have a decent work space for him. They are hard to find so we have built two workshops
now at our last two properties.
- Will you still be working full time, or part time?
- Are you ready to live in the middle of nowhere?
- How much are you prepared to spend?
If you have little or no farming experience, consider renting a property so you can 'try before you buy'. Also get books from the library and do more research on property types.
Once you decide you want to buy it is time to start looking. It is really important to look at lots of different properties to get a feel for what you are going to be able to afford. If you are looking at building, talk to local builders about the cost of building, including resource consents, and supplying services to the section. Note that not all sections come with water and sewer connected so this will add to the expense.
If you are wanting to purchase an existing property there are two distinct small farm types on the market; the farmlet that has sheds, and has been used as a small farm, and the block that has a house, maybe a garage, and some paddock space. The latter will require more cost as you add infrastructure to it.
There are several things you need to check when you are interested in a property before making an offer.
- How much water is the property allocated on a daily basis?
- Does the property get sun?
- What are the fences and gates like?
- What are the paddocks like?
- How far are you from neighbours?
- What do you get for your money?
- Is there shelter around the property?
- What is the house like? Could you see yourselves living there?
- Is there a likelihood of flooding?
|Flooding in our first year on the block. Fortunately we have another 5 acres that were not under water!|
|We always wanted a verandah for sitting on and sipping a cold beer after a hard days work.|