Why This Homesteading Property Is Perfect For Us

Why This Homesteading Property Is Perfect For Us

I recently purchased a property that my wife and I plan to use to homestead. Here are the reasons why this property fit the bill for us and see if I can convince you to be as excited as I am!


The location of the property is about as good as we could get I believe. It sits between two small towns, about 10 minutes from each. Those towns have beautiful down-towns with shops and restaurants, great places to take visitors. Additionally, we are about 20 minutes from a National Park with a beach on the Atlantic Ocean. Another ten minutes takes you to a huge oceanfront city where there are more things to do in the summer than you can shake a stick at. 

Since I grew up in the area, I know that city is even better in the offseason, since the best restaurants and french fry places stay open year-round. That’s not to mention the massive infrastructure built for hundreds of thousands is shared by the tens of thousands in the offseason. It’s really awesome to drive on a six-lane highway with one or two other cars!

Given my background as a financial planner and tax nerd, one of the best attributes of the property is that it is in the county with the lowest local tax rate in the state! This saves almost 2% of income tax as compared to the next county over. Because of all the tourist revenue, they lowered the income tax rate. Even though we’ll probably be FIRE’d and not earning much income by the time we move there, every little bit helps!

Size and Composition

Property View

The composition of the property is perfect for me. With almost four acres of cleared land, I will have plenty of space to build a home, garden and raise animals as I see fit. The 23 acres of woodlands is more than sufficient for me to hunt for deer as well as take walks and enjoy nature. The woods are made up of some younger pines and older hardwoods, so wildlife has plenty of different habitats to survive and thrive.

There is also a stream that runs through the center of the property. While we don't know whether this stream runs year round, it is really exciting to have a source of water in the property, both from a sustainability point of view as well as the aesthetic of the babbling brook. It sure is pleasant to the ear!

There is another piece of property to the north-east of ours that is landlocked and not accessible by road. While not in the plans yet, I hope to contact the owner of this property and let him know that if he ever wants to part with the property to please let me know first. This would add another 18 acres to our land and make it more of a figure eight shape (albeit tilted 45 degrees). This parcel would add another five or six acres of tillable land plus more great woodlands. I can’t imagine needing more land than that ever!


If you noticed from the picture, the field is oriented south towards the sun. This will shield somewhat from the cold northerly winds while allowing a full day’s sunlight to hit the field and turbocharge growth in my garden and plants! Those northerly winds won’t get to cause massive heating bills in the winter either.

Finally, the field opens up to the south-west side allowing sunset views of hundreds of acres of more farmland. The only thing I can think of better than that is mountain views (not possible for 300 miles!) or water views (seriously not in the budget!). 


The land is zoned agricultural, meaning we can raise stinky pigs or build chicken houses if we want to. We are very unlikely to do either of these things, but just knowing that we could provide comfort. After living in neighborhoods with a Homeowner’s Association there to tell me I need to plant grass seed or scrub my siding, I can’t wait to have the freedom and ability to build what I want and how I want it. 

Also based on the zoning rules, we can build towers for wind power, solar panel arrays and the like. I don’t anticipate that in the near-term, but I may jump on the opportunity if early retirement finds me tinkering on a project to provide my own power.

So, there you have the reasons why we jumped on this property. Did I convey my reasons well enough that you would have jumped on it if you had seen it first?

Related Articles


Why This Homesteading Property Is Perfect For Us pin

Your Financial Resilience Toolkit

Affiliate Disclaimer

ChooseFI seeks to uncover helpful services that help you be financially resilient. However, we may receive compensation, at no cost to you, from the issuers of some products mentioned in this article, including from CardRatings for our coverage of credit card products. Opinions are the author’s alone, and this content has not been provided by, reviewed, approved or endorsed by any of these entities. See our disclosures for more info.

Save on Existing Loans

Save On Living Expenses

Save & Invest

Financial Emergency Prep

5 thoughts on “Why This Homesteading Property Is Perfect For Us”

  1. Danny congrats!

    You’re living me dream. We’ve looked at some properties out west in Idaho to settle down in. Great climate and soil for gardening and lots of “cheap” land. I look forward to continue following your journey!

  2. Congratulations, that is a super exciting move for you! My wife and I are in the same boat, only we purchased our 14-acre homestead property in Western, MD about 1.5 years ago and back up to several hundred (maybe thousands) of acres of state and national forest. Because of this we have a tremendous amount of wildlife visit us at the [home] office daily – even a black bear a couple of weeks ago. Unfortunately, no water but we are planning to install a pond soon. We are in full swing of getting it the homestead up and running with chickens, several large gardens, a 22 tree orchard and 4 beehives coming Thursday… many other projects on the horizon.

    The homestead purchase turned out to be part of what we now label as part of “our FI journey”. Prior to finding ChooseFI or even listening to any podcast, we knew we wanted a small farm in the outskirts of town so we could reduce our housing costs, take advantage of Ag tax breaks and grow a lot of our own food. Back then, the idea was that we could save about $1K a month on our mortgage/taxes and we could invest that savings into more rental properties…that was our primary and only wealth building strategy at the time. We also both had the flexibility to work from home most of the time which we thought would make our average 1.5-hour commute (each way) seem a lot more bearable when we had to do it. Now, when we commute we both listen to podcasts, audio books or schedule business calls so it doesn’t really bother either one of us. We also found a pretty nice hack for our vehicles where we can profit a little bit based the reimbursement my wife’s company offers and some other publicly unmentionable ways to save.

    We have found this to be an amazing balance to our incurable demanding jobs and a fun way to live our lives even through our family and friends all think we are crazy! Overall, homestead life is generally helpful towards our FI journey. However, at times it can be very difficult to keep spending to a minimum due to all of the necessities required to build and keep the homestead going. We have found ourselves buying a pickup truck, trailer, snow plow, 3,000 lbs of rock-salt (at a time) for the driveway, a $4K lawnmower and even a skid-loader to name a very few of the unexpected expenses. Last night we were at one of our weekly trips to Tractor Supply to get baby chick feed (1st time our chickens hatched eggs) – as we walked out of the store with a $150 worth of feed, supplies and an incubator in our cart, I jokingly commented to my wife that if we bought a dozen eggs every week for the rest of our lives we still would not have spent as much as we have on our chickens. She kindly reminded me that it was a hobby which brings us a lot of joy. This is very true but debatable if it brings us as much joy as financial independence will bring me!

    We are now working on ways to profit from the lifestyle that we have built and working on converting an old smoke house to a luxury AirBNB where guest spend the day on the farm picking vegetables, fruit and flowers or help themselves to fresh eggs. We have also started a blog to document the process of moving out of the Baltimore City to the middle of nowhere and starting a Homestead while pursuing FIRE and are even looking into growing truffles and selling honey to a local meadery. Our goal is to try to offset some of our expenses and create side hustles that will give us something to do and some extra income post-FI.

    Congratulations again and best of luck to you – I hope you find your new place to be as rewarding as we have!

    • That’s a very exciting story, I started reading through some of the posts on your blog. I think we’re a few years behind you but will definitely make note of the unexpected expenses and equipment purchases. I wish you two the best of luck and hope to follow in your footsteps soon!

  3. I hope you post more of your journey. Homestesading is a wonderful journey. We just moved to our second homestead (from a 5 acre homestead to a 103 acre property) in northern Ontario. We have huge garden, establishing an orchard, goats, rabbits and chickens. Chris was right about start up costs….I tend to see them just as another investment. For instance my apple trees will pay me a huge dividend for years to come.

    I have found so many side hustles presenting themselves on the homestead. Selling chickens, rabbits, pigs, firewood. It is a such a great/healthy way to live and raise a family. It is TONS of work but I love… no revel in the work and find it very cathartic after sitting in a cubicle all day.

    All the best.

    • Thanks for the encouragement! Sounds like you had a major shift with that move to the 103 acre property. I certainly feel now that being busy doing homestead tasks would be more fulfilling than the desk job.

Leave a Comment