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Start Up Costs and Expenses

Real homesteading, by real families, interested in real success, needs a real plan. A plan that takes everything into consideration—where you are now and where you will be in the future. And every responsible plan for any purposes has an exit strategy. Mature and rational people know it is easy to get into something—getting out of whatever you got yourself into is "a whole different breed of cat".

I am going to try to attach a Microsoft Excell spreadsheet of the start-up expenses for a real, productive, and economically viable (prosperous) homestead, but I don't know how FB feels about spreadsheets or if it supports them. But this is a good estimate of what it would take for a young family in their early 30's to start the transition. For a couple just starting out, say early 20's, all of this could be accumulated as they went along. The older you are, the more capital it takes to make it.

I got it from someone who is threatening to make the move here, and I tweaked it a little. This the kind of planning you have to do if you are going to succeed. (There is an error. Plumbing and Electric for the framed out "barn apartment" shelter where you will live as you build your house is listed at $20,000. It should be $2,000.)

Current Opportunity (Dec 2017)
Max Min
Land Land
minimum 40 acres  $              165,000  $              165,000 minimum 40 acres
$2-4K per acre $2-4K per acre
5 acre woodlot 5 acre woodlot
5-acres row crop land 5 acre crops
30 acres pasture/hayfield 30 acres pasture/hayfield
Hillside and swamp does not count Hillside and swamp does not count
Must have barn Must have barn
Must have water source (stream, spring, well, rainwater collection from metal roof) Must have water source (stream, spring, well, rainwater collection from metal roof)
Living arangements Living arangements
Barn apartment  $                       -    $                       -   Barn apartment
Water source? (dependent on property) Water source? (dependent on property)
Hot water Hot water
Wood-fired stainless steel kettle 50-gal  $                     750  $                     750 Wood-fired stainless steel kettle 50-gal
Water tanks Water tanks
300 gallon  $                     900  $                     900 300 gallon
$300 each $300 each
Water filter  $                     250  $                     250 Water filter
$250 $250
Drinking water containers Drinking water containers
5 x 5 gal  $                     150  $                       75 5 x 5 gal
Buckets  $                     100  $                     100 Buckets
Food grade Food grade
5 x 5-gal 5 x 5-gal
With lids With lids
Maybe get from Kimbal farm Maybe get from Kimbal farm
Lighting Lighting
Kerosene laterns Kerosene laterns
Deitz hurricane lanterns ($20)  $                     100  $                     100 Deitz hurricane lanterns ($20)
Extra wicks ($6 per 6 ft)  $                     120  $                     120 Extra wicks ($6 per 6 ft)
Kerosene (50 gals)  $                     500  $                     500 Kerosene (50 gals)
Laundry Laundry
1941 Maytag washing machine  $                     100  $                       60 1941 Maytag washing machine
Find online Find online
Clothesline  $                       50  $                       50 Clothesline
Heat Heat
Kerosene Round wick heater Kerosene Round wick heater
10000 BTU  $                     100  $                     100 10000 BTU
22000 BTU  $                     125  $                     125 22000 BTU
Firewood for first winter Firewood for first winter
5 cords @$250 each  $                  1,250  $                  1,250 5 cords @$250 each
40 pound propane tank   $                     100  $                     100 40 pound propane tank 
Latrine Latrine
Chamber pot  $                       80  $                       25 Chamber pot
Old fashion urinal? Old fashion urinal?
Outhouse DIY  $                     250  $                     250 Outhouse DIY
Dry toilet  $                       20  $                       20 Dry toilet
Cedar sawdust $7/bag for 2 weeks  $                     182  $                     182 Cedar sawdust $7/bag for 2 weeks
Wood stove Wood stove
Cooking woodstove Cooking woodstove
Kitchen Queen or Pioneer Princess (Pioneer Maid is cheaper)  $                  3,000  $                  3,000 Kitchen Queen or Pioneer Princess (Pioneer Maid is cheaper)
Pioneer Maid could be cheaper Option Pioneed Maid could be cheaper Option
Pioneer is handmade by Amish Craftsmen :) Pioneer is handmade by Amish Craftsmen :)
Plus $300 for hot water saddles  $                     300  $                     300 Plus $300 for hot water saddles
Stove pipe for chimeny  $                     500  $                     500 Stove pipe for chimeny
Traction Traction
Draft horses Draft horses
Team = 2 horses  $                  7,500  $                  4,000 Team = 2 horses
Tack  $                  2,000  $                  1,000 Tack
Garden Implements Garden Implements
Separate   $                  5,050 Separate 
"The Homesteader" from pioneer equipment $4000  $                  4,000 "The Homesteader" from pioneer equipment $4000
Hay making implements (could be as little as $2500 if we rebuild) Hay making implements (could be as little as $2500 if we rebuild)
Sickle mower  $                  1,500  $                  1,500 Sickle mower
Ground driven, side delivery hay rake  $                  1,000  $                  1,000 Ground driven, side delivery hay rake
Ground driven, hay loader  $                  1,200  $                  1,200 Ground driven, hay loader
Hay wagon  $                  1,000  $                  1,000 Hay wagon
Firewood cutting Firewood cutting
One-man timber cross cut saw  $                     215  $                     215 One-man timber cross cut saw
Two-man timber cross cut saw  $                     215  $                     215 Two-man timber cross cut saw
Axe  $                       35  $                       35 Axe
Splitting maul and two wedges  $                       50  $                       50 Splitting maul and two wedges
Chainsaw  $                     800  $                     800 Chainsaw
Fencing Fencing
$4K for 40 acres  $                       -    $                       -   $4K for 40 acres
$1K minimally $1K minimally
Miscelaneous Tools and Equipment  $                  5,000  $                  5,000
Barbed wired strecher tool  $                       35  $                       35 Barbed wired strecher tool
Anmial husbandry Anmial husbandry
Manure spreader  $                  1,500  $                     800 Manure spreader
$800-1.5K $800-1.5K
Young dairy cow Young dairy cow
$1200-1600  $                  1,600  $                  1,200 $1200-1600
Young pigs ($75 each)  $                     375  $                     225 Young pigs ($75 each)
Breeding dairy cow ($100 per year)  $                     100  $                     100 Breading dairy cow ($100 per year)
Canning Canning
Pressure canner Pressure canner
All american 941  $                     400  $                     400 All american 941
Jars Jars
300-500 qt canning jarsr  $                     500  $                     500 300-500 qt canning jarsr
$1 each $1 each
1000 flats  $                     500  $                     500 1000 flats
300 rings  $                     200  $                     200 300 rings
Meat grinder  $                       40  $                       40 Meat grinder
Storage food Storage food
Should bring adequate food for first winter  $                  2,500  $                  2,500 Should bring adequate food for first winter
Garden Garden
Seeds  $                     300  $                     300 Seeds
 $                20,000  $                20,000 Electric and Plumbing 
 $              227,542  $              220,572

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