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Doug_Shoe t1_jaqzq7b wrote

The most important thing is your price range. You didn't say in your post. I read the comments.

No_Struggle_1538 OP 26 min. ago "My budget on the low end is 200k I’ve been pre-approved for the USDA Direct Farm Ownership Down Payment Loan so I max out at around 600k. My goal is to operate on a small to moderate level I have my business plan shaped around 30% produce and 70% livestock (chickens, sheep, goats, maybe a few dairy cows). I know the winters are pretty harsh so I definitely would have greenhouses for over wintering plants."

You can actually buy a farm far north NH for not much over 200k. Some have sold recently. Go on the real estate websites. You can see what is currently listed, but also what has sold recently. Then you get an idea of what is realistic where.

Disclaimer I'm not a real estate guy expert or guru. However, I'm under the impression from living here is that real estate prices are relatively near all time highs. So I personally would not be taking out a loan, because I expect the prices to go down. If that happened then the property I just bought would be worth a lot less, but my sky high loan still has to be paid.

It's different if you sell one house and buy another. The house you sell is theoretically an inflated price, so it all evens out. Take out a loan right now? Not for me.

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No_Struggle_1538 OP t1_jar1kje wrote

I have been looking online but I get stumped because I don’t know the areas, the land prices aren’t really that bad compared to the PPA where I’m located because 10 acres would run me a pretty penny. My goal isn’t to move right away I’ve been watching the real estate climate with my mother because she’s an agent I’m aiming for the end of the year after I feel it out a bit I’m also planning some trips. I definitely will take your advice into consideration thank you!

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Bobtom42 t1_jar3ayy wrote

Keep in mind that New Hampshire Town governments have a lot more power than in GA. So you will see big differences in prices based solely on what town it happens to fall in. Things like vehicle registration, trash, schools, and road maintenance all go through the towns here and the quality of those services can vary drastically.

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