John F Dean wrote:......
I own a small tractor with a front end loader. It has come in handy. But I seriously doubt if the money I put into it is justified.
I will agree with many others here regarding really large equipment, what they tend to be used for, and the skill that typically is needed to use them wisely, safely, and efficiently. That said, like many, we have a tractor....well, not technically true....we have 3 tractors. It appeals to my sentiment that I have access to at least two of everything that I consider important or useful. All are within that 20 - 35 horsepower range and they are a good substitute for a lot of what skidsteers and excavators can do if you have time and patience. But again, some work is best done with that larger equipment and hiring it out may be the best course of action.
John F D....I must admit that I feel the money spent on tractors is the best money I've spent outside of the homestead. Interestingly, even as the homestead will appreciate due to the size and location, the house itself is probably not worth $20k....those were the words of the real estate agent when we purchased and I think it's gone downhill from there! Two of the tractors were bought new and were not cheap, but each year that goes by with minimal maintenance and continued operation, I feel the cost-per-year gets ever more justified. If you compare your tractor in terms of both what it *can* do as well as what it *has* done for you
along with the resale you could get for it to your car, your computer(s) and other equipment, you might be surprised at how justifiable it is. And remember how we discussed the savings in doctor's bills due to reduced wear and tear on your body? Since my wife uses these tractors as much if not more across the year than I do, it's not just a benefit to me alone. The third tractor, a small used grey-market Yanmar, has a 3-speed PTO that allows one to run certain equipment at higher speed without maxing out the rpm on the engine....a tricky balance between fuel use, engine wear, and equipment operation to be sure, but great to have the option. Finally, although you noted doubting if the money spent was justifiable, was not the education received on using, modifying, and maintaining the machine some sort of vague 'financial kick-back' that was unanticipated? It's taken a while for me to realize how much I've learned about 'the way things work' just out of necessity of getting familiar with and fixing the equipment and appliances on the property.
Back to OP: If you end up getting a tractor and are on hilly country, get something with wider wheel spacing for stability. Familiarity with front loaders and attachments are just something you learn on the job with use. Good luck!