Land/Cabin in Wyoming

I wouldn't say most of them are vrbo, but I don't know. I've been looking into a place on a different state, and some of the areas require you to vrbo the property if it isn't a permanent residence.

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Originally Posted by FromMyColdDeadHand

So I've basically given up on Colorado and water. My midwestern idea of a cabin on a lake seems to be a $2million pipe dream here. So I've kind of moved onto a few acres and a cabin. Prefer trees and mountain views. Looking to not double down on CO and maybe get a place in WY. Love Jackson Hole, but sweet baby Jesus that is expensive. Been prowling the web looking at property WY. Found some interesting places but I was wondering about:

- Places with mountain views and trees, 5+ acres?
-What kind of security needed, or do you just plan on random breakins if you are remote?
-Crazy market right now and will probably wait until it chills out
-We aren't skiers, so we don't care about that.


Saw a development that sounded interesting until I read the covenant- no shooting guns.

Thoughts?

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I can?t offer any help but I was in the same boat for a while. I love being in the mountains and being remote. But the cost was too much for the value I was getting in my opinion.

Hence, we just bought 50 acres in Michigan. Summers on the water. I have family very close to help maintain. The value was so much more. My job changing to 100% remote really was the big push we needed.


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Originally Posted by FromMyColdDeadHand

So I've basically given up on Colorado and water. My midwestern idea of a cabin on a lake seems to be a $2million pipe dream here.

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To be fair, most of Colorado is high desert so its not like there's a ton of lakes anyway.

If you want no trees (well, 1 tree) and no water in Colorado, mine should be for sale within the year... haha

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Originally Posted by mindfold

I can?t offer any help but I was in the same boat for a while. I love being in the mountains and being remote. But the cost was too much for the value I was getting in my opinion.

Hence, we just bought 50 acres in Michigan. Summers on the water. I have family very close to help maintain. The value was so much more. My job changing to 100% remote really was the big push we needed.


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I grew up in SW Michigan, and would love a place on a lake there, but the property taxes and vehicle registration/insurance can kill a savings account. Not to mention, the cold and damp winters. Get a good 3+ days of lake effect snow and the only people going anywhere are those on snowmobiles.

I lived in Wyoming for 5 years when I was in school and spent a lot of time exploring the state. While I did at one time consider living there, others have already given the reasons I didn't: Long, cold winters, lack of jobs, limited health care options, oh, and did I mention the long, brutally cold winters? Granted, Laramie is in the most inhospitable part of Wyoming, the I-80 corridor, but even the "milder" winters in the Cody valley are only "mild" by comparison to the rest of Wyoming.

WRT the economy, the boom-and-bust economic cycles that Wyoming goes through make it tough to establish any kind of business there. It's either feast or famine: Either the economy is booming and newcomers are moving in from out of state, leading to a housing shortage and crowding, or it's a bust cycle with businesses failing, houses going into foreclosure and main streets filled with boarded-up buildings. Both boom and bust economies also seem to bring transient workers, prostitution and meth/crack.

My aunt lives near Afton, about an hour from Jackson, and loves it. There's a large Mormon community in the area, and while she isn't Mormon herself, they're always very friendly and helpful (I want to say their local bishop even helped build her house or something).

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Originally Posted by Martinjmpr

I lived in Wyoming for 5 years when I was in school and spent a lot of time exploring the state. While I did at one time consider living there, others have already given the reasons I didn't: Long, cold winters, lack of jobs, limited health care options, oh, and did I mention the long, brutally cold winters? Granted, Laramie is in the most inhospitable part of Wyoming, the I-80 corridor, but even the "milder" winters in the Cody valley are only "mild" by comparison to the rest of Wyoming.

WRT the economy, the boom-and-bust economic cycles that Wyoming goes through make it tough to establish any kind of business there. It's either feast or famine: Either the economy is booming and newcomers are moving in from out of state, leading to a housing shortage and crowding, or it's a bust cycle with businesses failing, houses going into foreclosure and main streets filled with boarded-up buildings. Both boom and bust economies also seem to bring transient workers, prostitution and meth/crack.

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In the 80's , during the oil bust. Casper was referred to as, The Friendly Ghost Town.

I’m wondering what South Dakota prices will do if fracking gets curtailed…. But the big thing is the current bubble. Does it pop, or does inflation ‘save’ the bubble. I think rates rise if inflation actually hits (we have some inflation and an imbalance in supply/demand due to logistics- we’ll see which way it drops), prices will drop as interest rates make these valuations un-tenable, but if there is inflation, the prices will eventually rise.

What a crap show.

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Originally Posted by FromMyColdDeadHand

I’m wondering what South Dakota prices will do if fracking gets curtailed…. But the big thing is the current bubble. Does it pop, or does inflation ‘save’ the bubble. I think rates rise if inflation actually hits (we have some inflation and an imbalance in supply/demand due to logistics- we’ll see which way it drops), prices will drop as interest rates make these valuations un-tenable, but if there is inflation, the prices will eventually rise.

What a crap show.

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What you need to do is set a price range you're willing to spend. How much, if any repairs the place will need for the money invested. Does it have a well & septic, along with power on the property, or close by?

Having an upgrade in the electrical service, from overhead to underground, was $1600... That was for the people to come out, do the trench (to code), who knows how much for real rural , to run 200' of conduit and backfill.
Thankfully APS didn't charge me for running powder from the transformer to new panel, which is another story. Had i been charged for that (3 yrs ago) at then copper prices. Would have been $18'. Most power companies are having new, or upgraded electrical to homes, or the panel, put underground. Those numbers don't include my electricians cost to do hookups, etc.


Anyway will prices drop? Sure eventually. However when CA said 180k home sales, with people moving out of CA and home sales / buying doesn't seem to be slowing down. I'd say 1-3 yrs before the economy takes a crap. Depending how well the media covers for biden. Don't forget, if and when the economy does tank. That means what you own will also lose value.

We spent a year, before moving looking at options, what we'd get for the $$ etc, before doing it. But that was also a relocate to out of CO, for good. Not a get away cabin.


One idea for you might be buy land and get some sort of camper, too spend the time in. But that's another item that has little or no inventory in , either.