Wednesday, February 23, 2005

To Build or Not to Build?

Well, here we are facing another conundrum down here in Baja. We love our little casita (guest house) , all 500 square feet of it, but we want to make use of our beautiful ocean front lot just north of Los Barriles. Real estate is exploding here since the idea that the new highway will actually be finished, has been finally accepted by everyone.

Building costs are rising almost daily, and the time has come to make the decision with the commitment, or forget that dream and move on. We are also being encouraged to build by Jim and Maryanne, dear friends from Portland. They have purchased a lot across the street and will break ground very soon. From an investment standpoint, I think building now will see rapid appreciation in our real property.

Oh well, I guess I'll go Sierra fishing tomorrow and think about it.

By the way, this is my first Blog, and I hope to keep a runnung journal of this entire experience.

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