What to Look for When Buying Acreage

By
August 23, 2023

Acreage For Sale

Location and Accessibility:

Proximity to essential services, such as grocery stores, hospitals, and schools.

Access to major roads or highways for convenient travel.

Zoning and Land Use Regulations:

Understand the zoning regulations and land use restrictions that apply to the acreage.

Check if the land can be used for your intended purposes, whether it's residential, agricultural, commercial, or recreational.

Topography and Terrain:

Examine the land's topography, slope, and elevation to determine how suitable it is for your plans.

Consider factors like potential flooding, drainage, and erosion risks.

Utilities and Infrastructure:

Determine the availability of essential utilities like water, electricity, gas, and sewage systems.

Assess the costs and feasibility of bringing utilities to the property if they're not readily available.

Environmental Considerations:

Investigate any potential environmental concerns, such as soil quality, water quality, and the presence of protected species or habitats.

Learn about any past land uses that could have left behind contaminants.

Land Size and Shape:

Evaluate the acreage's size and shape to ensure it meets your intended use.

Consider factors like how much open space you need, setbacks, and potential for future expansion.

Legal Access and Easements:

Confirm that the land has legal access, either through public roads or established easements.

Research any existing easements that might impact your use of the land.

Future Development:

Investigate the potential for future development in the area, as this can affect the land's value and your long-term plans.

Neighboring Properties:

Consider the types of neighboring properties and how they might impact your enjoyment of the land.

Research any potential conflicts or nuisances that could arise from neighboring land uses.

Resale Value and Market Trends:

Study the local real estate market to understand property values and trends.

Think about the resale value of the acreage should you decide to sell it in the future.

Remember that buying acreage is a significant investment, and thorough research is essential to ensure you make an informed decision that aligns with your goals and requirements. It's often a good idea to work with a real estate agent, attorney, or land specialist who can provide expertise and guidance throughout the buying process.