Mrs. Racer and I bought 6.2 acres in 2004 for $205,000. It had a 40 x 60 shop and a single wide trailer house on it. I designed a home, moved the trailer about 60 feet South and built the house. After the house was complete I tried to sell the trailer. Lots of interest but no one had the money to pay for the thing and the cost to move it. Then I tried to give it away. Still, no one had the money to pay to move it.
So I dismantled it and scrapped it. Made about $5,000 from the aluminum, steel and copper, and what I couldn't sell went to the dump, and that cost a couple hundred bucks.
The day the basement was dug.
And now it is home sweet home.
The assessed value we pay taxes on is around $650,000 or so. Market value close to $1,000,000.
Oh, and my shop is bigger than the house.
Wouldn't have it any other way.