Depends upon your definition of homesteading. The Ferguson TO 35 ( and it's sucessors 135, 230, 245 etc) was designed to be the perfect "smallholding" power source. It has performed that task ably for nearly 66 years. I wouldn't own more than 2 acres without one. I confess it's part of my DNA because the little beasts have been a constant in my life. We keep our 17 acre place pretty neat with a 1978 135 Diesel, and a handful of inexpensive attachments ranging from a tiller to a wood splitter. It's handy in the woods with a trailer or a carry all mounted . Starts first turn on the coldest mornings. I'd work an extra job to pay for one.
Tom Maxey
Floyd, Va.