Critique this property!

[Ginevive]

Tomorrow, Mark and I are going to look at a piece of property. We are renting an awesome farmhouse with a barn to keep our horses in, plenty of pasture, and hay.. but there's something missing here. It's not ours... not to mention personal issues with our LLord.
So the place we're looking at has 95 acres and a small; I mean, small.. house. 400 square feet is how small! But supposedly it has a basement also, which would double space. We wuld probably live here until we could build something bigger; thinking of getting a brand new doublewide. Don't laugh; they are Nice; 2 bathrooms, etc.
Here are some pics; the listing states it is about 75 percent wooded (awesome!) and roughly 10 acres of farmed land rented to a farmer (think it's hay.) You cannot even see an inkling of any buildings from the road; there's a long driveway that snakes into the woods to it.
Now, I am pretty upset on how small the house is; I always pictured myself livin' out my days in a huge open plan farmhouse.. we were thinking we could build-on since there's already the "basic" building aswell as septic, elec, etc. The price is in the neighborhood of 180k. So please, my awesome friends at BP.net, give me your honest opinions! The negative is, we will have to build a small shelter for the horses (my man is awesome at building though.) If we logged a path into the woods, we could probably get around 40K to add onto the mrotgage. And no, I will Not get rid of a single pet! (just the 2 horse babies we were selling anyway this fall, and maybe a few fish I could consign at my friend's pet store.).)
EDIT: OMFG; I just read that it is only 20 foot by 20 foot!! How could i stand it? lol; it would only be until we could add on; and there is a basement (what's a "slab basement?") and 1 detached garage.




Sigh.. it has this awesome pond too.