"We love our log home and the way Jubach protected the acreage around it".
John & Ann
How Much Should You Expect To Pay For Vacation Property?
It can be difficult to understand why land varies in price from $5,000 per acre to over $30,000 per acre. In the Hocking Hills area, a number of factors may influence land prices. Land located next to state parks or the national forest is more desirable, and therefore, more expensive. Land with natural waterfalls, lakes, rock formations, mature trees or protective covenants against development are also typically more expensive. A fabulous or unobstructed view will also drive up costs. In the Hocking Hills are, the locations with underground springs of pure, high-quality water command higher than average prices.
Another thing to bear in mind: The desirable scenic rock formations not only increase land cost, but can also add to
Another thing to bear in mind: The desirable scenic rock formations not only increase land cost, but can also add to
development costs if it becomes necessary to excavate through rock to construct foundations or install utilities.
These are just some of the facts you'll want to know before making a decision about the quality and value of available land. By talking to landowners and developers, you'll be able to gather the facts about different lots and areas, and to understand the true value of the land as well as the potential costs to build there.
When buying an existing home, you'll need to evaluate both the land and home value. It's generally more difficult to accurately estimate renovation costs than new construction costs. This is especially true for mitigating termite and other wood-boring insect damage and upgrading electrical and plumbing within the interior walls. A property that looks like a bargain today may not be one over time.
These are just some of the facts you'll want to know before making a decision about the quality and value of available land. By talking to landowners and developers, you'll be able to gather the facts about different lots and areas, and to understand the true value of the land as well as the potential costs to build there.
When buying an existing home, you'll need to evaluate both the land and home value. It's generally more difficult to accurately estimate renovation costs than new construction costs. This is especially true for mitigating termite and other wood-boring insect damage and upgrading electrical and plumbing within the interior walls. A property that looks like a bargain today may not be one over time.
Many vacation home buyers elect to build a custom home and often select styles that are typical of the setting or location. Log homes in the Hocking Hills are particularly popular because they blend in so beautifully with the landscape and are both simple and elegant in their design. Log home sytles offer a vacation-like environment and have a higher resale value. Building a more traditional-style home like those found in cities and suburbs may not preserve the local character and may be less attractive in the resale market.
Unfamiliar home styles and construction methods give buyers another set of unknown variables in the vacation home equation. Fortunately, there are many building organizations, Internet resources and specialized builders with information for buyers trying to find the right style and locations for their homes.
Unfamiliar home styles and construction methods give buyers another set of unknown variables in the vacation home equation. Fortunately, there are many building organizations, Internet resources and specialized builders with information for buyers trying to find the right style and locations for their homes.
