I’m going to buy a 2000 ft2 lot from a friend some time in the next couple of months. I’m not sure what I’ll do with it, but at least I’ll own a piece of land.
My ideas so far:
Use it as a garden plot for isolating pumpkin varieties
Plant a miniature food forest/perennial garden
Build a good-sized 2-storey house on it and live there until we find something with more land
Build a tiny house (or two), plant fruit trees and flowers around them, then rent to tourists
I think the last option probably makes the most sense. Land here is ridiculously expensive and rents are moderately high. I could make my money back before too long with a couple of houses, then have some passive income. Though the mini food forest idea is also appealing. And really, we could build a full house on the spot but I’d go nuts with no yard. A little house with a little yard would be fun to build, especially if I build the furniture inside from local wood.
UPDATE:
I took my measuring tape today (Thursday) and checked out the land. It was supposed to be 2000ft2, but on review it’s only 1600ft2. Not even enough space for a septic, with the way it’s laid out. I’ve decided to pass.
9 responses to “What Can You Do With a Tiny Lot? (Updated)”
Good luck on the purchase. Whatever you decide to do with it….its yours. If plan A doesn’t pan out, you could always go back and start over or repurpose whatever you decided.
Totally.
I love these ideas!
John Kohler of the YouTube channel “Growing Your Greens” has a tiny lot; some of his videos may be helpful in cramming the most into a small space. (And PS: John is a really nice guy.)
His front yard beds are great.
^ Just don’t forget to use ROCK DUST!!!!
VEGAN ROCK DUST
Hmmm…small lot? Sounds like a good place to set up an aquaponics operation.
JK!
Option 4 looks like a nice option. However — without divulging too much info on the location — is it relatively immune to the type of natural disasters that have hit places like PR recently? Would be a shame to have nice rental cottage(s) wiped out or standing vacant because tourists are reluctant to go to a disaster zone.
Option 3 might be the optimum. It’s generally better to put your money into your own property, rather than giving it to a landlord with no return. Once you find the ideal place for your expansion, you can then rent out this place for extra income a la Option 4.
Yeah, we’re not hit too often here, but it’s a possibility. It’s not a bad idea – it’s just such a tiny lot.