Today however, things have changed. Most of the good foreclosures have been absorbed, inventory is down and prices have increased. Given that much of the housing stock is old there is always the possibility of major rehab expense so in analyzing the situation it makes more sense for us to just build exactly what we want. We know we want a very modest home in terms of size and amenities; property taxes in Wisconsin are very high compared to what we are used to and we wouldn’t want to be in a situation of going into retirement owning more house than we really need. After RVing for so long, even 1000 s.f. seems like a palace to us!
I came away from the week’s travels much more educated and feeling comfortable with our decision that indeed, building would be our best decision. Then it became a matter of making a decision between locating near Amherst or Stevens Point. I think we’ve made up our mind that our village should win out on that score since it is ridiculously easy and inexpensive to build here. There is no plan review, we submit plans directly to the one building inspector who is available every Monday and he includes up to 8 inspections for free; building permit costs are under $500 total; there are absolutely no impact or SDC fees charged, and wonder of wonders, hooking up to municipal utilities (water, sewer, gas) is free. Yes: I said FREE. I must have had a complete look of incredulity on my face when I learned this from the village administrator Marcy because she responded “WE want you here!” Alrighty then….without further ado, some of the possibilities.
You’ll see why looking at land can be so exhausting! My wandering around Stevens Point took me to some choice opportunities, but always with some catch. This half acre lot on Ann Drive in the village of Hull, about six miles north of Point (offered under $20,000) was very nice and even had a mature apple tree bursting with crisp, fresh, tasty apples! It also fronted a relatively busy county road. Cross it off the list.