I get a lot of questions asking, “how much does a homestead cost?”
Maybe you’re wondering this too.
Our modern society is constructed in a way that usually means money equals the things we want, the experiences we wish for, the life we want to live.
Of the few childhood memories I can recall, there is one that stands out to me – it’s the day it dawned on me that everything you want isn’t just at your disposal.
I can’t recall the age or circumstance of this memory, but I can very readily recall the feeling, with a giant and deflating sigh, “OH.”
Perhaps you can remember when the reality of how the world works set in for you?
For good or bad, money is the way we exchange or life energy, or time.
And unless you are the moneyless man (aka Mark Boyle), then you likely have to face this reality when thinking about starting a homestead or farm.
This, of course, is likely why one of the top questions people who are interested in starting a homestead or farm as is: how much does it cost?
Well, it depends on a few factors, the first of which is your level of comfortability.
Let me explain “it depends” and comfortability.
I have to start answering “how much does a homestead cost” by saying the-often cliched statement (especially in permaculture) “it depends.”
Just like the prospect of buying a car, there’s have a price range. You can buy a fixer-upper for a few hundred bucks, a reliable used car for a couple grand, an affordable new car for 20k-30 and on and on until you are the kind of person that buys million-dollar collector cars. Or dozens of them (like Jay Leno).
I think you know where I am going with this.
How much it costs to homestead, at least the acquisition of land to steward, can vary just as much as the cost of cars – pretty obvious, right?
Are you okay with going to the middle of nowhere to purchase acres of land for pennies on the dollar?
Or do you want prime land in a particular location for your homestead? You could spend top dollar for just one acre.
Now, you can also homestead without owning land. I did this for a couple years myself and it was really a good way start. (You can read more about how in the previous post How to Start a Homestead Overnight)
But most want to have their own land and to call the own shots on their homestead.
This is where your comfortability becomes a major factor in the cost of acquiring* a homestead or farm.
*You will notice I often try to avoid using the word ownership or purchasing land. Yes, I know this is the way our world works, and therefore we have to play it that way. To me, using these words has too much of a connotation of ownership, much like any other disposable object in our consumer culture, and in turn, implying it is ours to do what we will with it. I don’t believe that to be true. I believe the land is a precious gift, lent to us by our children and I am therefore just its steward. Okay, off my soapbox now.
The first variable of the cost is based on our desires or level of comfortability. If you are happy with little and can do without much then starting a homestead could cost hundreds of thousands less.
I lived in an off-grid jungle hut in Hawaii for a period of time. It was barely 300 sq feet, no heat, no air, no solid windows, no hot water, no internet and about 2 hours of power a day.
Imagine how affordable it would be to build a home like that if you were comfortable living like that?
For me, it was missing a few comforts I did decide I wanted in life, such as indoor hot water.
If a challenge for you is affording the homestead then the first question to ask yourself is: what am I comfortable with? Could I do with less in life?
More often than we think we can live far more simply than we are. Especially if it means getting us to the life we desire sooner.
This is how we start to pull together a picture of how much a homestead can cost.
Soon after that, the next question that might come up is about sustaining a homestead or farm once you have finally made it there.
The 5 BEST ways to make money homesteading
There’s much more to this, obviously, and if you are interested in diving in deeper, I’m running a free workshop this week called “How to Make A Living While Homesteading”
I’ll be teaching you 5 best ways to make an income while homesteading, plus looking at the most important questions you aren’t asking when desiring to start a homestead
Hint: You don’t have to be a farmer or scrape by hourly on minimum wage.
But, you do need to know more than just how to make an income while homesteading, to be successful at it. You need to know about the mindset shifts required in order to sustain it long term.
It’s all about seeing challenges as opportunities (that’s a gold nugget right there).
The workshop is available for only a short time, totally free, but – SEATS ARE LIMITED!REGISTER NOW!