Alright. This is clearly the barest of bones, but I've always loved Harvest Moon, and this has promise. So, my suggestions: Not as big a deal now, but once there's more than nearly nothing to do, you really need to slow time down a bit. If I remember right, Harvest Moon's rate is about 10 minutes every 15 seconds, and that's about perfect. You should definitely add a small patch of dirt as a "road" to show where you head into town. Took a few minutes of just bumping around the perimeter pressing Z, just to see if there was one, to find it. Finally, you really need to fix it so the focus point is directly in front of the character, not in front and slightly to the left of him.
3/5, mostly for the potential. I'm looking forward to seeing what you do with this.