Do you dream of enjoying the outdoors? Perhaps you
envision a place to ride your ATVs, cultivate a large garden
or simply savor the peaceful sounds of local wildlife.
Whether you're new to rural living or have enjoyed the
country lifestyle for years, the process of buying land can
go much smoother if you know what to look for–and what
to avoid. The better you prepare, the closer you'll get to
achieving your rural dream.
Land ownership is a rewarding opportunity that gives
you the freedom to shape your rural living experience.
However, buying bare land is very different from
purchasing a traditional home or lot. Here are some key
considerations to keep in mind before selecting a property.
Property access
Accessibility can impact property value as well as your
ability to enjoy the land. If your land has accessibility
issues, be sure to do your research to understand what
you may need to do to change that. This might mean
planning for a driveway, a bridge over a stream, or
clearing overgrown areas to create a safe passage onto
the property.
Water
Having a body of water, such as a pond or creek, on your
property can provide both practical and aesthetic benefits.
Water features can attract a diverse range of wildlife, and
provide a valuable resource for irrigation and even flood
control. Still, you'll want to consider whether the land is in
a flood zone, water quality and any native fish populations
along with their respective regulations.
Surveys
If there's no existing land survey for the property you
want to buy, you may want to complete one to determine
EIGHT THINGS TO CONSIDER
WHEN BUYING LAND.
As the leader in rural lending, we
understand what it means to find the
piece of land that's perfect for you.
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