Vermont Country Home – Do the math

3325 Hinesburg Road – Richmond, VT

Create your own estimate of what it might cost to start from scratch to buy 11.4 acres and build a similar property. When you are done compare your estimate with our offering price for this one-of-a-kind home in Richmond, VT to discover what a great value this for sale by owner property is.

Our offering price has taken depreciation into consideration in that our home is not new. Compare what a great value our property at 3325 Hinesburg Road – Richmond, VT is vs. buying acreage and building.

I invite you to do your own research as an independent view of the estimates presented below. Of course, if you had your home built on land you acquire everything would be new. Our asking price takes into consideration the following:

  • depreciation on our home
  • current market conditions for properties over $500,000
  • room between the professional appraisal of $700,000 and our asking price of $659,995 to allow a buyer to make changes and still be at or below the appraisal

Below are estimates for the major costs of creating a similar property as ours.

  • $136,000    11.4 private acres just off a Vermont state paved road
  • $   2,000     11.4 acres survey
  • $  10,000    1000′ driveway
  • $  10,000    Clear / excavate site
  • $  10,000    Drilled well
  • $  20,000    Septic system
  • $662,900    3788 FT2 living space
  • $  40,000    Professional landscaping
  • $890,900    TOTAL

Get to know our property and the quality features and visual appeal it offers.