Are you considering a move to the country, on a lot where you can build the unique home of your dreams? There are many advantages to buying acreage, but the process is a bit different than what you may be used to when buying a house. Location is still a huge priority, and it’s important to know exactly what to look for from the right piece of land. Understanding how to identify the right acreage for your needs will make it much easier to find the ideal match, whether you’re buying as an investment or looking for a place to build your next home. Start the process with our 6 tips for buying an acreage that you’ll love long-term.
- Remember That Location Is Still King
It may be a bit different than choosing the right location in an urban setting, but selecting the right location for your acreage is still one of your most important priorities. Consider your commute time for work, how long it will take to reach necessary nearby services, and of course what you want from the setting of your property. Every shopper is different, and the right location for you depends on personal factors. - Consider the Availability of Services
Buying an acreage doesn’t mean going “off the grid,” so you’ll definitely want to check on the availability of key services like utilities, garbage collection, internet service, and road maintenance. Learn whether there are any existing wells on the property, assess their quality, and find out if you will have to build a new septic tank for your home. - Learn the Rules of the Land
Acreage can be a blank canvas for building a new house, but first, you’ll want to make sure there aren’t any restrictions on how you can use the land. Find out if there are any protective covenants or ordinances that regulate how you can use the land, as well as any local zoning laws that apply to the property. Contacting the local zoning commission is the best place to start when discovering how you can use a potential property. - Research Property Boundaries
In addition to learning about zoning rules, you’ll also want to know exactly how much land you’ll be getting when you buy an acreage. You can check with the county assessor’s office to find out exactly how many acres are being taxed for the property, which will give you a strong idea of what you’re buying. For added security, consider hiring a professional surveyor to analyze the property boundaries. - Consider Additional Costs of Ownership
Maintaining an acreage may come with additional costs, like an ATV, mower, garages, and farming equipment if you plan to grow food. Consider how you expect to use the land, and plan for any additional costs of ownership that may arise. - Rely on Your Real Estate Agent
Whether you’re buying acreage or buying a house, the right real estate agent can make life so much easier. Start the process by interviewing agents with rural experience until you find someone who suits your needs, and then rely on your agent whenever you need advice. The right agent will have the experience and knowledge necessary to allow you to purchase acreage with confidence.
Buying an acreage may be different from buying a house, but the processes also share many similarities. By choosing the right location, preparing for costs of ownership, learning the rules of the land, and relying on your real estate agent to assist you throughout the process, you can find the acreage that best suits your needs.
