There has been a popular thread on whether people selling their land/cabin are being reasonable in establishing their asking price.
An offshoot of that has been a discussion on increased value of purchased land.
For me it doesn't matter what the increased market value is because I have no intent of selling. I am aware of the increased value due to the impact it has on estate planning. With no intent to monetize my land, it's value and increase in value, is not part of my financial planning.
Do you have plans to ever sell your land/cabin?
Have no intention of ever selling, a few years back I had a well off NY Lawyer make me a real nice offer on
my log cabin, he has been Turkey hunting here for 40 years. I guided him to another log cabin that was for sale on Painter's Run Road, less than a 1/2 mile away, he can still walk to Turkey hunt his spot, from his log cabin.
Had a chance to sell a while back, doubt I will ever leave the back woods now, might add on in the near future however.
Never care about what other people believe, be strong and walk in the way of the Lord.
We just got ours in late 2012....but we would need to have a pretty good opportunity in front of us in order to sell what we have - meaning we would need to sell the current parcel to buy a better one.