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There’s a certain allure to owning a piece of rural land. A place where the hustle and bustle of city life fades into the background, replaced by the soothing sounds of nature. Rural land investment offers more than just a peaceful retreat. It’s a chance to create a personal haven, a space for outdoor recreation, and a potential source of income.
But embarking on this journey isn’t as simple as picking a plot and signing a check. It requires careful planning, thorough research, and a deep understanding of what rural land ownership entails. In this guide, we’ll walk you through the steps to get started on your rural land journey. From understanding the benefits of rural real estate to preparing for your purchase, we’ll provide practical advice to help you navigate this exciting venture. So, whether you’re an outdoor recreation blogger seeking engaging content or a farm and ranch lover yearning for a retreat from modern life, let’s dive into the world of rural land investment.
Understanding the Allure of Rural Land Investment
The charm of rural land lies in its promise of tranquility and privacy. Away from the prying eyes and constant noise of urban settings, rural properties serve as a refuge. Here, the pace of life slows down, allowing one to appreciate the simple pleasures often missed in city life. Rural land investment is not just about isolation, though. It’s about potential growth too. With urban sprawl creeping ever outward, rural properties are becoming more valuable. Savvy investors recognize this trend, seeing rural land not only as a retreat but as a strategic financial asset.
Moreover, investing in rural real estate opens doors to a wide range of outdoor activities. Whether it’s hunting, fishing, or simply hiking through unspoiled landscapes, rural properties provide countless opportunities for adventure and connection with nature. This multifaceted allure of rural land makes it an attractive prospect for many. It’s a chance to own a unique piece of the world, to invest in something tangible, and to foster a lifestyle that’s in harmony with nature.
The Benefits of Investing in Rural Real Estate
Rural real estate offers a wealth of benefits that go beyond the traditional urban property market. For those seeking a sanctuary from daily life, rural properties offer unmatched seclusion. The vast open spaces and limited foot traffic create a perfect setting for personal fulfillment and relaxation.
Financially, rural land investment is a sound choice. Rural properties often come at a lower initial cost than urban homes, and yet they have great potential for appreciation over time. As cities expand and land becomes a finite resource, the value of rural land rises, providing excellent long-term investment returns.
Opportunities for outdoor activities further enhance the appeal of rural real estate. Owning land provides a great backdrop for various recreational activities. You’re not just buying land; you’re embracing a lifestyle that many modern-day adventurers crave.
Here’s a quick look at some rural real estate benefits:
Escape from urban stress and enjoy wide-open spaces.
Own a tangible asset that can appreciate over time.
Engage in a variety of outdoor pursuits like hunting and fishing.
Enjoy lower property purchase costs relative to urban areas.
Create a personal retreat with ultimate privacy.
Personal Enjoyment and Privacy
When it comes to personal enjoyment, rural land provides an unrivaled sense of freedom. With wide-open spaces, you have room to breathe and think without distraction. Here, you can craft a personal oasis tailored to your own tastes and interests. Privacy is another significant advantage. You won’t find the hustle and bustle of city life here. Instead, enjoy peaceful solitude or the opportunity to build close-knit communities with neighbors who value personal space, creating a sense of tranquility.
Financial Advantages and Appreciation
The financial benefits of rural real estate are manifold. Compared to urban properties, rural land often requires a smaller investment, allowing for entry at various price points. This makes rural property an accessible option for many aspiring investors. Long-term appreciation is another appealing factor. As more people flee crowded urban areas for rural sanctuaries, the value of these lands is on the rise. This demand, coupled with limited supply, positions rural land as a smart investment with potential lucrative returns.
Opportunities for Outdoor Recreation
One of the great joys of rural land ownership is the access to outdoor recreation. Picture yourself casting a line on a calm lake or setting off on a hunt through the woods. Rural land invites these activities and more, offering a lifestyle rich in adventure. The land becomes your playground, with each season bringing new opportunities to explore and enjoy. It’s not just a place to live; it’s a backdrop for hobbies that offer both relaxation and excitement, bringing you closer to nature.
Preparing for Your Rural Land Purchase
Embarking on a rural land journey requires more than just enthusiasm. It takes careful planning to make wise decisions. The first step is a comprehensive understanding of the land itself and what you want to accomplish. Whether it’s to build a dream home or start a small farm, clarity is crucial. Assessing the land’s value is another key aspect. Look beyond its scenic beauty. Dig into the details that could impact your enjoyment and investment returns. Soil quality, water access, and potential hazards are all essential considerations.
Equipped with this knowledge, you are better positioned to negotiate a fair deal. Remember, rural properties can have hidden costs or limitations. It’s important to carry out exhaustive research to avoid surprises. Lastly, connecting with local experts can provide insights that online resources cannot. A local real estate agent can help navigate specific challenges typical of rural areas.
Research and Due Diligence
Before leaping into a purchase, research the property thoroughly. This helps ensure that it meets your expectations and intended use. A clear understanding of the land’s history and existing conditions will guide your decision. Conduct visits to feel the land, study surroundings, and understand its best features. Speak to neighbors and professionals to gain invaluable insights into the community and untapped potential of the location.
Assessing Land Quality and Resources
Evaluating land quality is pivotal for any land investment. Check soil quality, as this affects agriculture potential and building feasibility. Top-notch soil is a boon if you’re considering farming or gardening. Access to water is equally vital. Water availability affects daily living and plant cultivation. Review natural water sources, and have them tested if possible, to assess their reliability and safety.
Zoning Laws and Land Use Regulations
Understanding zoning laws and land use regulations is a must. These rules dictate what activities are permissible on the land. Ignoring them can lead to missed opportunities or legal complications. Invest time in learning about these regulations beforehand. Knowing them will help you avoid pitfalls. A local planning office or real estate expert can be great resources for this information.
Financing Your Rural Land Investment
Securing financing for rural land differs from urban real estate. Many traditional mortgages cater to urban settings. Investigate rural-specific financing options, like land loans, offered by lenders familiar with rural markets. Have a clear budget outline, keeping an eye on initial down payments and interest rates. A well-planned financial strategy will keep your investment journey smooth and stress-free, allowing you to focus on creating your ideal rural haven.
Owning rural land offers endless possibilities. The challenge lies in unlocking its full potential. To maximize enjoyment and value, consider diverse approaches that align with your vision. Many landowners are leaning towards sustainable living. This not only nurtures the environment but reduces costs. A well-managed piece of land can yield both ecological and personal dividends.
For those inclined to generate income, rural property offers numerous avenues. From agriculture to timber harvesting, the land can become a source of profit. Strategically leveraging its resources is key. Effective land management, including wildlife preservation, adds value to rural properties. Balanced ecosystems enhance the natural beauty and recreational opportunities. With mindful stewardship, your land can become a personal paradise.
Sustainable Living and Land Conservation
Embarking on the path of sustainable living is both practical and rewarding. Implementing environmentally friendly practices conserves resources for future generations. By embracing renewable energy or organic farming, landowners can create self-sufficient havens. Conservation efforts play a critical role in maintaining land health and biodiversity. By fostering healthy ecosystems, you can enjoy the bountiful natural resources your rural property offers, ensuring its vitality for years to come.
Income-Generating Activities
The potential for profit on rural land goes beyond traditional farming. Consider leasing land for hunting, which can provide supplemental income. Specialty crops, such as berries or mushrooms, are another growing trend for savvy landowners. Engaging in these activities requires strategic planning. It’s important to maintain the land’s balance and adhere to ethical practices. By doing so, your rural property not only generates income but enhances its value.
Wildlife and Land Management
Effective wildlife and land management enriches the rural experience. Enhancing habitats attracts diverse wildlife, boosting recreational opportunities. This, in turn, makes the property more appealing for outdoor enthusiasts. Managing the land responsibly includes controlling invasive species and promoting native flora. With careful planning and execution, landowners can foster a thriving ecosystem. This creates a harmonious environment where nature and recreation coexist beautifully.
The Joys of Rural Land Ownership
Owning rural land is more than a financial investment; it’s an opportunity to craft a unique lifestyle. The vastness of open spaces invites creativity and freedom. It’s a canvas for dreams to take shape. The joy of rural land ownership often lies in the unhurried pace it offers. Here, time seems to stretch and bend, providing moments to cherish simple pleasures. The call of a distant whippoorwill at dusk, the gentle rustle of leaves—it all fosters a deep connection with the world around.
Additionally, rural properties present the chance to build personal havens. These sanctuaries provide solace from the demands of modern life. Designing these spaces reveals the true potential of one’s land, tailored to personal tastes. Land ownership also carries an intrinsic value, offering a sense of achievement. Whether it’s planting an orchard or raising livestock, each endeavor contributes to this sense of fulfillment. Rural land becomes more than property; it becomes a cherished part of one’s identity.
Building a Personal Retreat
Creating a personal retreat within your rural land transforms it into a sanctuary. Here, you can escape the hurry of everyday life, immerse in peace, and rejuvenate. Consider erecting a rustic cabin or crafting a scenic garden to make the space uniquely yours. Customization turns land into a personal narrative. Each choice—from choosing a porch view to planting native blooms—reflects a piece of your soul. These retreats become extensions of your identity, nourishing your well-being with every visit.
Creating a Legacy for Future Generations
Envisioning your rural land as a legacy can be deeply gratifying. This perspective turns your property into a gift for future generations, fostering a lifelong bond with nature. As caretakers of the land, you sow the seeds for enduring memories and traditions. Preserving rural land for the next generation is about more than inheritance. It’s about imparting values and appreciation for nature. This legacy teaches stewardship, emphasizing the importance of protecting and honoring the land we cherish.
Navigating Challenges and Risks
Owning rural land, while fulfilling, comes with its share of challenges. Each parcel of land is unique, and assessing its specific risks is essential. Factors like climate, natural disasters, and market fluctuations can all affect land value. Proactive measures can help navigate these uncertainties. Building a resilient strategy for maintenance and improvements can mitigate future issues. Being informed and adaptable ensures you are prepared for whatever comes your way.
Mitigating Potential Risks
Mitigating risks starts with thorough research and awareness. Understanding environmental factors is crucial to preserving and enhancing land value. Identifying hazards like flooding zones or wildfire risks helps in planning appropriate responses. Developing a solid land management strategy can also lessen potential threats. Regular assessments of the property’s condition can reveal vulnerabilities before they escalate. Keeping a network of local experts can offer advice and solutions to safeguard your investment.
Long-Term Planning and Patience
Long-term planning is the cornerstone of successful rural land investment. Unlike urban properties, rural land may take time to develop its full potential. Strategic planning helps guide your decisions and maximize the returns over time. Patience is equally essential in this journey. The rewards of rural land ownership often come gradually. Whether you’re cultivating a sustainable forest or waiting for appreciation, it’s important to embrace the journey. With patience, the fruits of your effort will surely appear.
Conclusion: Embarking on Your Rural Land Adventure
Starting your journey into rural land investment is a thrilling venture. It offers a unique blend of personal enjoyment and financial opportunity. Each step, from research to ownership, brings new insights and a deeper connection to the land. As you embark on this adventure, remember that the rewards often outweigh the challenges. The beauty of rural landscapes provides a serene backdrop for creating lasting memories. With careful planning and a spirit of exploration, you can craft a fulfilling lifestyle that resonates with both nature and your personal aspirations. May your rural land journey be both enriching and delightful.
Farm Appraisal Season: What Every Property Owner Should Know
As the sun dips low and the crickets start their evening serenade, there’s no better place to be than on your own slice of heaven – your farm. But owning a farm isn’t just about the pastoral beauty and the peace it brings. It’s also about understanding the value of your land. Farm appraisal season is a crucial time for every property owner. It’s when you get to know the worth of your land, and it can significantly impact your financial decisions.
“Today’s farmers are very savvy businessmen and women,” said Hayden Outdoors Supervising Broker John Herrity. “They live it, breathe it, study it, and know it better than anyone.” That’s where this guide comes in. We’ll dive into the world of farm appraisals, shedding light on the process, and offering practical tips to help you navigate this season with confidence.
Understanding Farm Appraisals
Farm appraisals are more than a simple assessment. They are comprehensive evaluations that help determine the land’s worth. This value affects everything from property taxes to the sale price if you ever choose to sell. You might wonder how farm appraisals differ from regular residential or commercial property appraisals. Well, agricultural land has unique features, like soil quality and water resources, that play a crucial role in its valuation.
The process can often feel overwhelming for landowners. However, understanding the components is key. Knowing what appraisers look for can ease the stress and clarify any confusion surrounding the process. Here are some basic elements appraisers typically consider:
Location: Proximity to markets or urban centers adds value.
Soil Quality: Fertile soil boosts the land’s worth.
Water Resources: Water availability and rights are vital.
Market Trends: Current demand and prices influence value.
Comparable Sales: Recent sales of similar properties are crucial benchmarks.
Farm appraisal isn’t just about numbers. It’s about understanding how different factors come together. This insight can guide you in making informed decisions concerning your land. Knowing the appraisal process can also ensure your property’s potential is fully realized. It’s like uncovering hidden treasures lying beneath the earth.
Key Factors Influencing Agricultural Land Assessment
Several factors play into the assessment of agricultural land value. Each aspect has its unique contribution to the overall appraisal. Let’s delve into some of these key factors. One critical element is the location of the land. Proximity to main roads and markets can significantly enhance its value. Easier access can mean better logistics for selling produce or livestock.
Soil & Land Considerations
Soil quality is another major influencer. Fertile soil, capable of supporting crops, boosts the land’s appeal. Rich land ensures productive farming and often commands a higher appraisal value. Water resources are essential for any farming operation. Land with ample and reliable water supplies is usually more valuable. Access to irrigation systems and water rights also enhance worth.
In addition to the quality of the soil itself, the percentage of tillable land is a major factor in evaluating row crop farmland. According to Herrity, appraisers must consider: “how much is tillable and how much is recreational/pasture? How much of the land is comprised of roads and waste/ditches?”
Off-property Factors
When it comes to valuing row crop it’s important to remember that the value to the next door neighbor or close neighbor can be considerably more than an outside investor. The opportunity to add land to your operation, as a neighbor, may only present itself once in a lifetime. The advantages to an adjoining neighbor to increase their farm footprint could affect the value as much as several hundred dollars per acre or 8-10% in some cases. Owner/operators may wait 15-20 years for that right tract to come on the market so when it does, they jump on it and tend to pay more than market value.
Current market trends can’t be overlooked. Appraisers take these into account when evaluating a property. Increasing demand for farmland can drive up land values. Recent sales of nearby comparable lands provide a benchmark. This assists appraisers in determining a reasonable value for your property. It’s about knowing how your land stands among its peers. Finally, the appraisal considers any improvements. Investments in infrastructure or land enhancements can increase the value. Keeping track of these developments ensures they are reflected in the appraisal.
Preparing for Your Farm Appraisal
Getting ready for a farm appraisal requires some thoughtful preparation. This effort can help reveal your property’s full potential. Start with gathering all necessary documents. Essential papers might include deeds, land surveys, and income records. These will aid the appraiser in understanding your property thoroughly. Consider tidying up and maintaining the farm. A well-presented appearance often leaves a positive impression. Functionality and cleanliness can influence the appraiser’s perspective.
Prepare a list of recent improvements and investments. Whether it’s a new barn or enhanced fencing, document them. Providing these details can highlight the added value. Make sure you’re available during the appraisal. Being present can help address questions and provide insights. A well-informed discussion with the appraiser can be advantageous. Here’s a quick list to help organize your prep work:
Gather legal and financial documents
Maintain and tidy the farm
List recent upgrades and investments
Schedule a convenient time with the appraiser
Be present during the appraisal process
Types of Farm Appraisals and Their Purposes
Farm appraisals come in various forms, each serving a distinct purpose. Understanding these types helps you select the right one. A full appraisal is the most detailed type. It involves a comprehensive visit and meticulous evaluation of the property. This is ideal for selling or significant financial decisions. Drive-by appraisals offer a quicker, less intrusive option. The appraiser assesses the farm from a distance. They’re useful when time is limited and a full appraisal isn’t required. Lastly, desktop appraisals rely on data without a physical visit. Using available records, they’re cost-effective for basic property insights. However, they lack the detail of a full appraisal.
Maximizing Your Farm’s Appraisal Value
Boosting your farm’s appraisal value takes strategic planning and effort. Start by sprucing up the property’s appearance. A neat and well-maintained farm speaks volumes to an appraiser. Documenting improvements is essential. Keep records of upgrades and investments made on the farm. This proof can significantly impact the valuation.
Consider features that add value. Organic certifications or specialty crops can enhance your farm’s appeal. Highlight these aspects during the appraisal process. Communication with your appraiser is key. Provide them with all necessary information, like water rights and land use plans. Ensuring they understand your property’s unique qualities can sway the appraisal in your favor. Here’s a quick checklist to prepare:
Improve overall farm appearance.
Document property improvements.
Highlight certifications or special features.
Provide comprehensive information to the appraiser.
Discuss future potential and unique qualities.
These steps can aid in reaching an optimal appraisal outcome.
Hiring the Right Appraiser for Your Agricultural Property
Choosing a skilled appraiser is vital for a fair valuation. Seek someone with expertise in agricultural properties. Their knowledge ensures an accurate assessment. Check their credentials and references. Verify that they meet state requirements and have a solid track record. This due diligence is crucial for peace of mind. Communication counts. Ensure the appraiser understands your property’s unique features. Discuss your goals and any relevant improvements. Their grasp of these details aids in achieving a precise appraisal outcome.
Navigating the Appraisal Report and Next Steps
Once the appraisal report lands in your hands, take time to digest it. This document outlines your property’s value based on various factors. Understanding its contents is key to making informed choices. A well-rounded report includes market analysis, land condition, and improvement potential. Pay close attention to these components. They highlight areas for enhancement and future value growth. After reviewing, decide your next steps. Use the report to guide estate planning or secure financing. If any part seems unclear or inaccurate, don’t hesitate to consult the appraiser for clarification.
Leveraging Your Appraisal for Future Success
Armed with your appraisal, you’re well-equipped for future endeavors. Use this newfound knowledge to make strategic property decisions. Your farm’s potential hinges on informed moves. Remember, a keen understanding of your land’s value can open doors. Whether it’s refinancing, selling, or planning enhancements, your appraisal is a powerful tool.
Thanks to Hayden Outdoors Supervising Broker John Herrity for lending his expertise on this article.
10 Ways to Imagine Your Dream Recreational Property
Off-the-grid cabin to expansive cattle ranch, hobby farm to fertile row crop land, equine sanctuary to prime hunting habitat, ideal recreational property comes in many forms, and the real estate experts at Hayden Outdoors are here to help you find it. The company’s avid outdoorsmen and women, waterfront experts, gun range specialists and fly fishing fanatics offer up their expertise—in their own words—on what to consider when your dream recreational property begins to take form.
Building or Owning a Gun Range
Clay Owens grew up on a Colorado cattle ranch before managing some of the top big game hunting outfits in the country. Today, he specializes in ranch, livestock and recreation properties. Bruce Lindsey is also an avid sportsman and conservationist, working to preserve the outdoor way of life. He specializes in tillable farm crop land, livestock, rural real estate and hunting properties. Offering decades of hunting experience between them, the two men had this to say when considering building a gun range on property you already own or purchasing land with an established range on it. Their biggest takeaways? Follow the rules and safety first.
Know Your Local Regulations
“It’s crucial to consult with local authorities, legal professionals and shooting range experts who can provide guidance based on your jurisdiction’s laws and regulations,” says Clay. “Generally speaking, most rural areas are not going to have any kind of regulation for that type of activity. The closer you get to an urban or neighborhood setting, the more you’ll need to take noise and compliance into account.”
Keep It Safe
Bruce adds, “Safety is paramount! No matter what, safety must always be your priority when shooting. Wherever you decide to set up your range, be sure you are in a safe location. Be positive of what lies beyond your target. Either set your target array in front of proper backstops or take the time to build one. Mound up dirt or stack railroad ties. And of course, always wear hearing, eye protection and control your muzzle.”
Establishing an Archery Range
Hayden Outdoors’ recreational real estate agents set themselves apart in many ways—loyalty to their clients, knowledge and professionalism, and perhaps most importantly, life experience. Clay is no exception there; his hunting bonafides include guiding hundreds of guests in pursuit of a variety of big game species on some of the most successful hunting outfits in the country. His love of the land translates directly into finding his clients their dream properties, becoming a member of the 10 Million Dollar Club in 2021 and the 60 Million Dollar Club in 2022. If archery is your first hunting love and you want to build a range on your property, Clay has some advice.
Safety Considerations
“When building an archery range on your private property, safety should be your top priority. For basic practice and repetitive shooting, choose a flat, open area with plenty of distance from structures, roads or other hazards.”
Use Proper Backstops and Targets
“Ensure your backstop is high enough and sturdy, using materials like hay bales or a thick netting to prevent arrows from leaving the range. For targets, you can incorporate a variety of types. Bag targets are great for beginners, offering easy arrow removal, while block targets provide durability for repeated use. If you’re looking for more realistic practice, consider adding 3D targets, which simulate animals and offer a challenging, lifelike experience.”
Make It Realistic
“Additionally, as you get more proficient or if you are an experienced archer, you can utilize terrain features to add realistic scenarios to your practice experience such as shooting up or down hill or across small draws. Be sure to clearly mark shooting lanes, and always have an observer or spotter when others are shooting.”
Creating an Equine Epicenter
Casey Stayman loves being outside; in fact, it’s where she’s spent nearly her entire life. She grew up in rural northern Colorado, and still calls the state home. She’s a ranch manager, a real estate agent and a self-described incurable animal lover. Casey has also spent a large portion of her career establishing strong relationships with local farmers and ranchers across Colorado and Wyoming. This is all to say that if you’re looking for the ideal horseback riding property, she’s your girl, and she imparts some wisdom here.
Stay on Budget
“Make sure you have a well-defined budget for your property. It needs to include money for property improvement, a budget for your animals, feed and welfare. Outlining these costs will help you fully understand the commitment you’re making.”
Location, Location, Location.
“People will call me about properties that are extremely rural. I tend to classify those properties as better for recreational hunting and hiking. Even though you can have horses there, the ingress and egress become much bigger considerations. If you’re going to be traveling with a horse, is the road suitable for a horse trailer? It’s much cheaper to take your horse to the vet than have the vet come to your horse.”
Think Year-Round
“Weather is also important to keep in mind. What kind of conditions does the area experience? Are you prepared to deal with the snow and moving hay with heavy equipment? Thinking about these things before you buy can help alleviate headaches in the long run.”
Find the Perfect Fly Fishing Property
John Wood’s love of fishing spans nearly the entire country. A Florida native, he’s always been drawn to coastal waters, but his time in Colorado led him to some of the region’s Gold Medal fly fishing rivers. He’s been a boat captain, guiding in-shore and off-shore ocean fishing adventures for decades. Sea to stream, John knows fly fishing, and how to find the perfect property to nurture a love of casting all day long.
Owning and Maintaining Riverfront Property
“If you’re lucky enough to own riverfront property, you’re sitting on a prime opportunity for fly fishing right from your own backyard. The first step is understanding the types of fish species native to your area and the seasonal patterns that impact their behavior. Always check the local regulations for fishing seasons and permits, as these can vary by location.”
Maintaining the Habitat
“A well-maintained riverbank is key, as it provides habitat for both fish and the insects they feed on. Adding a mix of vegetation like willows or reeds can improve the ecosystem, benefiting both your fishing experience and the local environment. And remember, patience is key—let the river speak to you and enjoy the connection with nature.”
Bird Hunting and Dog Training on Your Land
JC Bosch knows his bird dogs. As a contributor for Project Upland, he can walk you through the best breeds for tracking waterfowl and the theories of better gun dog training. A dedicated outdoorsman, JC helps guide clients in finding ideal bird hunting properties as well as providing essential insight into training the right animal to help with the job once you own the land.
“These dogs are more than just tools; they are family to most of us. Give your dogs the time and training they need to be successful out in the field and remember that you are their only advocate. Dogs are not people. I truly believe that if you show them the time, attention and structure they need to be the best they can be, you will not anthropomorphize them and they can live extremely long and happy lives with you. They deserve time and structure and you will see them thrive with those two things and plenty of experience.”
Big Game Hunting on Your Property
The endless fields, streams, meadows and hills of Kansas offer prime hunting country. Just ask Preston Geist. The recreational real estate agent, long-time hunting guide, photographer and videographer has a keen eye for detail. It’s a trait that lends itself well to honing in on dream big game hunting properties for his clients. For those looking to find ideal hunting land, Preston outlines key steps in the process.
Consider Size, Use and Accessibility
“The first step is selecting a property that fits your needs. Ideally, it should be close to your home or camp, allowing for frequent visits to maintain and manage it properly. The size and habitat of the property are also important—anywhere from 40 to 160 acres is a great starting point for managing a healthy whitetail herd. Ensuring the property has access to water, food sources and good cover is important to your success.”
Establish Habitat and Food Plots
“Once you have the right property, the next step is establishing treestands, food plots, and, if legal in your state, a feeding program. Choose locations for blinds and treestands that have an easy entry and exit so you don’t disturb the deer. Wind direction is also important here in Kansas; the wind predominantly comes from the northwest in the winter, so we set up most of our blinds and treestands for that wind. In Kansas, we’re fortunate to be able to run our feeding program year round.
During the growing season in spring and summer, we use a mix of 30% corn and 70% dried distillers grain (DDG). In the winter, we reverse it to 70% corn and 30% DDG. To make the deer feel safe on our property, we consistently drive the same vehicle in and out. Our old white Dodge has become familiar to them, whether we’re setting up treestands or filling feeders, so when hunting season arrives, we don’t push them around as much.”
Maintain Healthy Population Numbers
“We’re fortunate to have about 1,000 contiguous acres, which makes it easier to keep deer on our property. Nothing is more frustrating than investing time, money and effort, only to have a neighbor harvest the 12-point buck you were after. To maintain a healthy and stable herd, we focus heavily on herd management. Most importantly, we let young bucks walk; young deer can’t develop if they are harvested too early. We also try to harvest around 20 doe per year, and even then it feels like we don’t put a dent in the population. They say a 1:1 buck-to-doe ratio is the best, but we find it hard to achieve due to the number of deer on our property. We’re typically closer to 4:1 even with all that effort.”
Waterfront Lifestyle
If you’re considering buying waterfront property, there’s probably no better person to talk to than the person who grew up in the land of 11,000 lakes. Kevin Doyle hails from Michigan, where he still lives and specializes in recreational real estate, including rural, hunting, fishing, timberland, golf course and waterfront opportunities. He spent his youth “embracing every water sport imagined, plus hunting, fishing and snowmobiling” with his three brothers. He knows a thing or two about the value of life on the water.
“Owning a lakefront property offers a unique lifestyle. It can provide unmatched views and unique benefits, including a life filled with serene beauty and tranquility. The allure of waking up to a lakeside sunrise or enjoying a peaceful sunset over the water makes for lasting lifetime memories for your family and friends. It’s this unwavering appeal that makes investing in a lakefront property a sound financial investment.”
The Joys and Benefits of Snowmobiling on Your Land
Jack Johnson is no stranger to recreation. Born and raised in Hays, Kansas, he grew up immersed in the outdoors and his love for fresh air and wide open spaces has never faltered. A recent graduate of Kansas State University, Jack combines his professional strategic selling and marketing expertise with a lifetime of sportsmanship—he has helped manage a 7,000+ game bird farm and row crop operation. When fields and pastures turn to snowy wonderlands mid-winter, Jack hops on the snowmobile, both for recreation and as a way to effectively manage properties.
“Snowmobiling can be a great way to enjoy the outdoors if you live in an area that gets good snowfall. It can also be a necessity for some landowners in the heart of winter as a reliable way to traverse in certain snow conditions. Having the proper gear, understanding the terrain, and knowing the snow conditions are all essential before getting on a snowmobile. Snowmobiling on your own land also offers you the ability and freedom to venture into parts of your property that may be hard to reach during other seasons.”
Hobby Farming—Working Your Ground
There are those who have worked their family’s land for decades or even generations—and you’ll find plenty of them at Hayden Outdoors. But there are also property owners who simply want to make the most of their personal farm, pursuing small-scale agriculture as a way to offset property costs, provide leases to local farmers, or cultivate homegrown crops, eggs and meat for personal use. Typically, a hobby farm operates at a smaller scale than large row cropping operations, less than 50 acres. Common uses for this type and size of property include growing fruits and vegetables (think orchards and organic farming), raising livestock like chickens, sheep, goats or a handful of cows, or even keeping bees to produce your own honey.
It requires a certain amount of self-sufficiency and commitment, but as any hobby farmer will tell you, it’s a worthy journey and righteous reward all in one.
Go Off–The-Grid
These days, getting away from it all comes with extraordinary appeal. For some, a quick weekend escape is enough, but for people like Zack Wiese, it’s a life-long endeavor. When it comes to recreational real estate, he specializes in hunting, fishing, waterfront, water rights, timberland and rural properties. When it comes to lifestyle, he specializes in hunting, fishing and exploring the Rockies. Combine the two, and you have an expert in establishing your own off-the-grid escape or full-time residence, but before you do, Zack provides important things to consider.
Building in a Rural Area
“A big factor when buying vacant land versus buying something that already has a structure of some sort is certainly going to be cost. When you buy a home in town, you have immediate access to a handyman. Builders live right down the road, so they can come to a job site in 10 minutes, whereas building in the mountains requires the travel time to get there.”
The Satisfaction of Living Off the Grid
“At first it can be a little bit of an unknown as to what you’re getting into if you don’t know what off-grid entails. But once you get to know it, it’s very fulfilling in the sense that you have a cabin now that runs on solar power and it’s a little bit of maintenance to watch it and to keep an eye on it but learning about that process is part of the fun too.”
Conclusion
It might start with the dream of wide open spaces, idyllic waterfront property, or the ability to hop on your horse or snowmobile and go for a ride. When it comes to turning the dream property into a reality, the folks at Hayden Outdoors are more than experts; they’re lifers. They’re passionate about helping clients find the perfect recreational property, dedicated to the core, because they know first-hand the value in making dreams come true.
The Complete Guide to Investing in Lakefront Property
Like all Hayden Outdoors real estate professionals, Kevin Doyle knows land. Kevin is the oldest of the four Doyle Boys, while growing up on the Tri-Lakes in Mecosta County, Michigan. His genuine love of the outdoors started at a very young age and most of his adult life while living on Lake Mecosta, where he and his brothers embraced every water sport imagined, plus fishing and hunting, while ice fishing and snowmobiling in the wintertime. Kevin’s passion for lake living is evident while sharing his experience and knowledge with friends and clients alike who are considering investing in lakefront property.
If you’re dreaming of lakefront property, imagining afternoons spent relaxing in the screened-in porch room or evenings on the deck that overlooks your dock as the sun sinks low, Kevin has some tips. Here, he walks through important things to consider when buying a lakefront home or property.
Types of Lakefront Properties
Private vs. Public
When it comes to talking about lakeside real estate, there are really two important types to consider: public and private lakes. While owning property on a public lake still ensures you are the homeowner, the main difference is access. Public lakes offer public access points while private lakes are for home and landowners only. “If you’re a private owner of lakefront property on a public lake, you just need to know the lake will get busier, compared to a private lake,” says Kevin. Public lakes do typically offer blanket regulations, such as no overnight mooring, but they can lack the sanctity of a private lake.
Seasonal vs. Year-round
And these days, lake living isn’t always a summer-only endeavour. Many people who buy do so planning to live on the lake year-round. If you’re buying a seasonal property, you’ll need to keep winterizing in mind – making sure your property is properly shuttered and maintained for the colder winter months. However, according to Kevin, many newer lakefront homes provide plenty of amenities. “These days, it’s easy to settle into year-round lake life in homes that feature vaulted ceilings, a lakeside wall of windows, sliding glass doors out to a patio or deck, three- and four-season rooms.” Yes, please.
Developed vs. Undeveloped Shoreline
To this point, it’s important to consider how developed and modernized you want your property to be. For some, the appeal of a knotty pine, rustic lakefront cottage with a natural rocky shoreline is the ideal. Others prefer more developed features, such as steel seawalls and permanent docks, firepits and sand volleyball courts.
Finally, keep in mind that not all lakefront property is right on the lake. Important distinctions include:
Waterfront: The property line adjoins the water and homeowners have direct access to the lake.
Water access: The property might share a path or a dock that provides access to the water.
Water view: As the name suggests, this type of lakefront property offers views of the water, but does not have direct access, although many lakeview neighborhoods and homeowners associations do offer a shared private beach or dock.
Ask Kevin about the price trends for lakefront property and he’s quick to point out the supply-demand aspect of this unique type of land ownership. “A lot of family cottages will stay in families for generations. I just listed one on a springfed lake. This cottage has a beautiful 169 feet of beachfront; been in the same family for 55 years.” This type of generational ownership plays a big part in lakefront properties continuing to appreciate year after year. If you’re looking to buy, prepare your pocketbook for premium pricing in waterfront locations.
An additional annual expense is property tax. While all home and landowners pay property tax, it is a tax that is assessed based on the value of the property. In short, the more the property is worth, the higher you can anticipate your property taxes to be.
Given its unique waterfront location, your lakeside property might require additional insurance coverage, but this is dependent on location. Says Kevin, “Here in our area, in most of Western Michigan actually, most of the lakefront properties are not in any type of floodplain, so no additional insurance is required.” Flood insurance might not be applicable in many areas, but talk with your insurance provider to make sure you have adequate coverage for the following:
Liability or umbrella insurance, especially if you have a lot of water toys, boats, a dock or any other feature that could result in additional risk or injury.
Hurricane and storm surge coverage, while more important for those who live in coastal areas, large lakes can still experience storm surges large enough to cause property damage.
Windstorm coverage
Boat insurance (if you have one)
Covering Your Bases
When buying any type of property, it’s important to talk with your real estate professional about all of the financing challenges you might face and possible solutions. Lakefront property can come with unique obstacles, namely higher property values and costs that require higher loan amounts, the potential for increased insurance costs, county and HOA property restrictions and specialized appraisals. Work with your real estate agent to establish the best path forward. If you’ll need to finance the property, explore all of your options, including fixed and adjustable mortgage rates, USDA and VA loan programs if applicable and seller financing.
If your dream property is still out of your financial reach, don’t give up. There is always the option to explore smaller properties and lakeview properties. In Kevin’s home state of Michigan, for example, there are 11,037 inland lakes that are five acres or bigger, according to the Michigan Lakes and Streams Association. While you can’t buy or build on all of these lakes, that number does lend itself to plenty of possibilities.
And it’s worth keeping in mind that lakefront property will almost always be a winning proposition. Kevin confirms, “Lakefront properties hold their value strongly.” They are highly sought after real estate. “On some of the most desirable lakes, I have several buyers who are just waiting for the right property to come available. Lakefronts have appreciated at a greater amount than some of rural property types. Lakefront properties are just a wonderful investment for making memories with your family and friends. You can not put a value on that. And that’s what lakefront living is all about.”
Beautiful Lake Mecosta at twilight.
Environmental and Regulatory Factors
Buying a lakefront property can bring with it a variety of environmental considerations. One of the big ones, according to Kevin, is whether the lake is spring-fed or not. “Most of our lakes in Michigan are considered spring-fed lakes. There are good natural groundwater springs throughout the lakes themselves that replenish every year, or daily. These lakes are going to be the healthiest. They’ll typically have better water clarity. The water quality is better and healthier for aquatic life; they tend to have fewer invasive species.”
In addition to the water source, consider these key environmental restrictions.
Shoreline regulations and building restrictions:
Setbacks – the minimum distance homes and other structures must be from the shoreline
Shoreline alterations – look to local agencies and authorities before removing vegetation or doing any major excavation
Structure restrictions
Erosion control
View impediment
Riparian rights
Riparian rights refer to access rights associated with the ownership of land that directly borders a natural watercourse. In short, riparian rights allow property owners the use of water for various purposes so long as that use is reasonable and does not impede or harm other riparian owners or the public. In short, if your lakefront property is in close quarters to your neighbors, a public boat launch or other natural, personal or community infrastructure, it’s on you as the property owner to be respectful of general boundaries.
Flood zones and FEMA considerations
It’s worth working with your real estate professional to understand any FEMA flood zone designations that might affect your property. The FEMA Flood Insurance Rate Maps (FIRM) designate areas of varying flood risk levels. Ensuring you’re compliant with any potential flood zones will help keep people and structures safe, preserve the natural beauty of the property and maintain the best flood insurance rates possible. Note that homes on natural lakes are often not in flood zones – the topography of the land ensures it!
Environmental protection requirements
If you’re investing in lakefront property, you most likely want to preserve its natural beauty as much as anyone. There are some essential environmental considerations and ongoing maintenance and management to think about before diving in, so to speak.
Erosion control
No dumping in water policies and protocols
Slope protection
Pollution prevention
Stormwater and wastewater management
Zoning laws
Building and shoreline modification permits
Water level fluctuations and management
Whether you find yourself on a natural spring-fed lake or a vast expanse of dam-controlled fresh water, make sure to consider how much water levels might fluctuate throughout a season. Will you need to pull your dock every fall, or is it permanent and able to weather ice and long winter months? Do you have shore stations for boats and other watercraft or will you need to pull your boat out of the water completely and store it? Is the lake prone to large swings in water levels due to irrigation factors, dam releases or spring run off? Keep these important questions in mind when planning for time and maintenance costs.
Dogs enjoying their day out on the boat.
Property Evaluation
In addition to extraordinary sunsets, prime fishing, lazing on a sunny dock or mixing up some mid-afternoon water games, the beauty of finding your perfect escape extends to properly evaluating the property before you buy. By all lakefront lifestyle measures, Kevin is an expert. Here ares some of the key points he likes to walk clients through before signing on the dotted line:
Perform a complete water quality assessment to make sure your shoreline is healthy and swimmable.
Work with an expert to test shoreline stability and establish proper, natural erosion control.
Make sure you understand your personal lakefront access, public access and riparian rights as they relate to your property as well as nearby services, such as boat gas stations, marinas and docks.
Walk your property line to get a complete idea of how much privacy your lakefront land will afford you and your family.
Talk through dock and boat storage options, especially if you don’t plan to stay through the winter.
If you’ll only be enjoying your lakefront home during the summer months, make sure it is properly winterized and shuttered by the time winter comes to avoid property damage or theft.
Ownership Responsibilities
Again, the ownership responsibilities of lakefront property are unique, and working with someone who fully understands the joy and implications of the task is important to the success and longevity of your investment. Before you buy, talk with your real estate professional about the time commitment and other responsibilities of owning lakefront property, including:
Special maintenance requirements
Shoreline preservation
Community obligations and restrictions, and whether or not your property is part of a homeowners’ association or lake association
Seasonal preparations and weatherproofing
Wildlife management, including contributing to and preserving a healthy aquatic ecosystem
Kevin refers to the “lakefront lifestyle” often and with the type of appreciation you only find in a kindred spirit who knows. He gets it and understands the literal and figurative ebbs and flows of a life spent on fresh water. It’s his inherent knowledge that sets him apart from other real estate agents when talking about lakefront living.
It’s important, according to Kevin, to know the ins and outs of your lake, including what type of lake it is. “All-sports lakes are big bodies of water – large enough where you can waterski, wakeboard, do some high speed boating, those types of activities. If an all-sports lake is under 400 acres in size, it will typically have a no-wake time, typically between 7:30 p.m. and 11:30 a.m., to give fishermen and people time to enjoy the lake without high speed boating and personal watercraft.”
He continues, “If you’re on a smaller lake that’s considered a no-wake lake, there’s usually also a restriction on horsepower, usually 10 hp or below. Some lakes have restrictions on electric motors altogether.”
Know Your Goals
This is all to say, think about what kind of enjoyment you’re seeking in buying lakefront property, including:
Recreational opportunities, such as boating, fishing, kayaking, paddleboarding and swimming.
Community aspects of lake living, knowing you’ll need to share your big blue front yard with others, which can be fun and highly rewarding. Just ask Kevin; he loves a good boat poker run!
Seasonal changes and accessibility
Work-from-home viability and whether or not this factors in. As work-from-home options become more popular, many have flocked to more secluded parts of the country to clock in. Make sure your lakefront home or cottage offers sustainable resources if you choose this path, including high-speed internet and phone options.
Family considerations, including your family’s interests and how long you hope to own the property.
The Buying Process
Buying a lakefront cottage or home can be a lifelong dream realized. It can become a legacy property, passing from one generation to the next, and a place where generations come together to celebrate, relax and play. Given all of this, it’s important to work with someone who understands the special aspects and specific requirements of buying and selling lakefront. “Try to find someone who really knows what they’re talking about,” says Kevin. “Someone who has lived it and has a passion for it. When you find someone who knows what lakefront lifestyle is all about, that makes a big difference.”
Make sure to talk with your real estate professional about key inspection points that are unique to lakefront properties, negotiation strategies and due diligence specific to waterfront. Doing the legwork upfront will mean you’ll get to sit back and relax once you close on your shoreline dream home.
Conclusion
There are a lot of things that set a lakefront property apart, but to Kevin, it comes down to one very important element. “With my background, growing up living the lake lifestyle, it’s all about the view and the setting. To me, that’s just as important as what the cottage or home has to offer on the inside.” If you’ve spent time jumping off the end of a dock into crystal clear blue water, recounted a sun-soaked day with family and friends overlooking the lake at sunset, or found sanctuary on the boat in the middle of the lake, you know what Kevin’s talking about. And if you’ve always dreamed of doing these things from your very own stretch of shoreline, give Kevin a call, because he can talk lakefront living – in all of its wild fun, peaceful solitude and vibrant beauty – all lake day long.
The four Doyle boys and their father after a successful day on the lake. Photo courtesy of Kevin Doyle.
Finding the Right Ranch in Colorado, Montana, Idaho, and Wyoming
There’s a certain allure to owning a ranch in the American West. It’s a call to freedom, space, and a deep connection to nature. If you’re a farm and ranch lover yearning for a retreat from modern life, the appeal of finding a ranch for sale is undeniable. The vast landscapes of Colorado, Montana, Idaho, and Wyoming offer a unique opportunity to live out this dream.
Each state presents its own unique charm. From the Rocky Mountains of Colorado to the “Big Sky Country” of Montana, the secluded retreats of Idaho to the iconic western heritage of Wyoming, there’s a ranch out there that’s just right for you. But finding the perfect ranch isn’t just about the view. It’s about understanding the land, the local wildlife, and the potential for outdoor recreational activities like hunting and fishing.
In this guide, we’ll explore what to look for when considering ranches for sale in these states. We’ll delve into the unique aspects of each location, and provide practical advice to help you find your perfect ranch. So saddle up, and let’s embark on this journey together. The perfect ranch is waiting for you, right over the horizon.
The Allure of Owning a Western Ranch
There’s a magical quality to Western ranches that captivates the soul. It’s the wide-open spaces and the sense of boundless freedom that they offer. For many, it’s a chance to escape the hustle of urban life. Ranches embody a lifestyle steeped in tradition. They offer a chance to reconnect with the land and embrace a slower pace. There’s something deeply satisfying about cultivating the land, managing livestock, and nurturing wildlife. With modern technology, running a ranch has become more efficient. However, the timeless rhythm of nature still dictates daily life. You rise with the sun and retire as the stars blanket the sky.
For outdoor enthusiasts, ranches open a world of adventure. Hunting, fishing, horseback riding, and hiking are just the beginning. The land becomes your playground, and the opportunities are endless. Ranch ownership is also a legacy investment, bringing families together across generations. It’s a chance to create memories that last a lifetime. Plus, there’s peace of mind in knowing you’re contributing to conservation efforts. Through responsible stewardship, ranch owners help maintain the natural beauty and ecological balance of their land.
Colorado ranches stand as testament to natural splendor. Nestled among the mighty Rockies, they offer breathtaking vistas and rich wildlife. The diverse landscapes range from rugged mountains to sweeping plains. Water rights are critical in Colorado. With arid conditions, controlling water access can make or break a ranch. Prospective buyers should delve into water rights agreements and availability.
A ranch here can serve as a hub for endless outdoor activities. Imagine fishing in pristine mountain streams or hunting in the vast backcountry. Each season brings new opportunities for adventure. Buyers should also consider the ranch’s proximity to local towns. Access to amenities without losing the charm of seclusion is a balance worth finding. Colorado ranches are more than just a haven for recreation. They offer a chance to live sustainably and steward the land responsibly.
Montana: Big Sky Country and Conservation Opportunities
Montana’s nickname, “Big Sky Country,” perfectly captures its essence. The expansive sky stretches endlessly, lending an aura of grandeur to the landscape. This feeling draws many to Montana’s ranches, seeking solace beneath its vastness. Montana’s landscape is diverse and offers rich hunting and fishing experiences. In vast wilderness areas, these outdoor activities are both tradition and pastime.
Ranches in Montana often play a pivotal role in conservation. They maintain local ecosystems while supporting native wildlife habitats. Buyers contribute to preservation efforts when investing here. The state’s ranch economy relies heavily on agriculture and livestock. Owners can find a rewarding balance in sustainable practices that benefit the environment and provide income. With wide-open spaces, Montana ranches offer more than a home; they offer a way of life. It’s an investment in tranquility and unspoiled nature.
Idaho offers ranches that serve as hidden gems. Seclusion and privacy are key characteristics of its properties. These retreats promise quietude away from the crowded modern world. Idaho’s landscapes vary from picturesque mountains to dense forests. This diversity offers unique opportunities for hunting and other outdoor adventures. The state’s rich wildlife enhances these experiences. For fishing enthusiasts, Idaho’s riverfront ranches are paradise. Serene waterways teem with fish, drawing anglers from far and wide. Imagine casting a line into crystal-clear rivers, surrounded by nature.
Buyers can expect to find a strong sense of community in Idaho. Neighbors often share a commitment to preserving their beloved landscapes. In owning an Idaho ranch, individuals not only gain property, but they also join a close-knit community. It’s an investment that enriches their lives beyond the boundaries of the land.
Wyoming: Western Heritage and Tax Benefits
Wyoming’s ranches resonate with iconic Western culture. Steeped in cowboy heritage, they offer a living link to America’s past. This history is part of the appeal for many buyers. Wyoming boasts vast open spaces, perfect for a host of outdoor activities. Hunt the expansive plains or ride horseback across rolling hills. The land feels limitless, encouraging adventure.
Ranchers here often embrace sustainable practices. Stewardship is about preserving land for future generations. This commitment benefits both ranchers and the broader ecosystem. One of Wyoming’s unique draws is its tax benefits. The state has no income tax, making ranch ownership financially appealing. This advantage can be significant over time. The spirit of Wyoming is one of self-sufficiency and community. Owning a ranch here means embracing both the challenges and rewards of this rugged lifestyle.
Purchasing a ranch is a sizable commitment. Prospective buyers need to delve into key aspects that can influence their decision. Understanding these can guide you in finding your dream property.
First familiarize yourself with zoning laws, hunting and fishing laws and land use regulations. These determine what you can do with the property. They vary significantly between states and regions. If your main goal is wanting to hunt a certain species year after year, then you ought to be able to in that hunting unit!
Then, assess the land size and topography. A ranch’s terrain can greatly affect its usability and aesthetic appeal. Different topographies suit different farming and recreational needs.
Next, look at the existing infrastructure on the ranch. This includes buildings, fencing, and roads. Consider how these align with your vision for future development.
Access to water rights and live water on the property is crucial. Water is essential for livestock, irrigation, wildlife and personal use. Ensure you fully understand the property’s water rights and sources.
Ultimately, selecting the right ranch is about matching the property’s potential with your goals. Clarity on these factors aids in making an informed choice.
Zoning Laws and Land Use Regulations
Zoning laws govern how land can be used. Regulations in that region allow you to do various activities in that region on private lands. Each region has specific guidelines, affecting everything from building permissions to hunting and fishing rules to livestock management. Know these laws before buying a ranch. Land use regulations can influence business operations. Farming, guest lodging, and recreational activities may have different restrictions. Understanding these helps plan suitable ranch activities. Consult with local authorities or experts familiar with ranch regulations. They can offer insights into how regulations impact your plans. This knowledge will aid in making informed buying decisions.
Land Size and Topography
When considering a ranch, reflect on the size and the terrain. Large tracts offer privacy and potential for diverse activities. However, they also require more management and resources. Evaluate the terrain, as it influences land use. Flat lands may be ideal for crops or grazing. Meanwhile, hilly or forested areas provide better settings for recreational activities. Landscapes and precipitation directly affect cattle grazing and carrying capacities. Understand how the landscape affects accessibility and potential hazards. Steeper areas may have limited access but could hold breathtaking views. Ensure the land complements your needs and pursuits.
Existing Operations and Potential for Development
Existing infrastructure and operations can significantly impact the value of a ranch. Buildings, fences, and roads contribute to the property’s readiness for use. Cattle pens and working facilities that are in place are ready for use and can save on infrastructure costs. Producing hay and alfalfa operations can be a source of feed and income. What are the annual hay yields for the last 5 years? Consider the potential for further development on the property. Some buyers may want to build or expand facilities. Existing infrastructure sets the foundation for future improvements. Investigate local regulations that may affect building plans. Ensure your vision aligns with these rules. This foresight will aid smooth development in the future.
Some properties in regions around the country include subsurface rights and mineral rights that can be of high value. What minerals are available with the purchase? Are they already leased or owned by someone else? If they transfer with the title, what is the output, existing income or potential for development?
Water is vital on any ranch and comes in many ways, from live water streams and springs to ponds, lakes or well and irrigation supply. It supports livestock, irrigation, wildlife and daily needs. When purchasing, confirm what water rights come with the property. Understanding water rights means knowing how much water you can access and from where. Sources may include wells, rivers, or irrigation systems and can be quite complex. Secure water is a key aspect of sustainable ranch operations. Check local water regulations and any existing agreements. These can influence usage limits and affect long-term viability. Proper management ensures a dependable water supply for years to come.
The Role of Ranches in Outdoor Recreation
Ranches offer an ideal setting for a variety of outdoor activities. These sprawling landscapes encourage both adventure and relaxation. They serve as a sanctuary for nature lovers and outdoor enthusiasts alike. Whether it’s hunting, fishing, or horseback riding, ranch properties provide ample opportunities to engage with nature. Each activity brings its own set of rewards, enhancing life on the ranch. The sense of freedom and connection to the land is unmatched.
Furthermore, these lands play a crucial role in wildlife management. Responsible landowners can contribute to conservation efforts. This balance supports both ecological health and recreational uses. The open spaces of a ranch invite exploration. Trails weaving through varied terrain beckon to be roamed. They offer a welcome escape from the bustle of modern life. Ultimately, ranches are not just places to live—they are playgrounds for the soul. They invite residents and visitors to embrace a lifestyle rich in outdoor pursuits.
Hunting on a ranch adds a dynamic layer to ranch life. These lands offer hunters the thrill of pursuing game amidst stunning natural beauty. It’s a pursuit of skill, patience, and respect for wildlife. In addition, ranches are integral to wildlife management. Proper habitat maintenance ensures healthy animal populations. Landowners play a key role in conserving diverse species. By balancing hunting with conservation efforts, ranches support sustainable ecosystems. This partnership with nature enriches the land and fosters a thriving environment.
Fishing and Riverfront Properties
Riverfront ranches offer a paradise for fishing enthusiasts. They boast streams and lakes teeming with fish, making every cast an adventure. Anglers can enjoy the peace and challenge of pursuing various species. Access to clean, flowing waters is a privilege. It ensures a thriving aquatic ecosystem. Owners must consider sustainable practices to preserve these vital resources. In these tranquil settings, fishing becomes more than a pastime. It’s a link to nature, inviting moments of reflection and relaxation. The rhythmic cast and catch create a meditative experience, connecting anglers to the water and land.
Horseback Riding and Trail Access
Horseback riding is a cherished activity on many ranches. It epitomizes the spirit of the American West, where open land invites exploration. Riding through such vastness offers a unique perspective on the land. Trails winding through diverse terrains present endless possibilities for adventure. Riders can traverse meadows, forests, and hills, all on horseback. This connection to nature is both invigorating and grounding. For those looking to escape, horseback riding trails are an ideal retreat. They foster a bond between rider and horse, land and sky. Ranches with extensive trail networks ensure every ride offers new experiences and unforgettable moments.
Owning a ranch can offer profound rewards. It often transforms into a cherished family legacy. The land becomes a canvas for shared memories and future hopes. Ranches serve as long-term investments, providing financial security. Families passing them down through generations retain wealth and heritage. This continuity strengthens both familial bonds and land stewardship. A ranch naturally nurtures stewardship. It teaches respect for the environment and responsibility for sustainability. This legacy of care extends beyond the family, benefiting future generations.
Additionally, ranching provides a unique connection to the past. It embraces history while adapting to contemporary needs. This balance ensures its relevance and value. Ultimately, investing in a ranch is about more than money. It’s about embracing a lifestyle that honors tradition and celebrates the future. It enriches both owners’ lives and the communities they inhabit.
Generational Investment and Stewardship
A ranch offers more than just a living space. It can become a family heirloom, passed from one generation to the next. This continuity provides a sense of belonging and purpose. Stewardship is at the core of ranching. It demands attention to the land and its needs. Each generation nurtures the environment, offering lessons in conservation and responsibility. As a generational investment, a ranch aligns with long-term goals. Families can create enduring legacies, fostering a deep connection with the land. This commitment transcends financial considerations, nurturing a shared identity.
Income Generation and Sustainable Practices
A ranch’s potential for income can be substantial but with today’s input costs, usually rely on multiple revenue streams to reach financially independent operations. Many ranches support cattle operations or agricultural ventures, but these include high levels of experience, training, knowledge and education. These activities not only yield profits but also sustain the land. Sustainable practices are crucial for long-term success. They help maintain the health of both the ecosystem and the business. This approach minimizes environmental impact while maximizing productivity. Engaging in hunting and fishing leases, and tourism and agri-tourism, also offers revenue streams. Visitors experience ranch life, drawing income and creating awareness of sustainable practices. Each visitor becomes part of the ranch’s wider community.
Conservation easements provide ranches with long-term protection. They safeguard land from development while offering environmental benefits. These agreements ensure that the natural state of the land endures. Ranches with conservation easements often qualify for tax benefits. These include reductions in property taxes and eligibility for federal incentives. This financial relief supports ranch owners in their stewardship efforts. Engagement with conservation easements aligns economic interests with ecological values. It reflects a commitment to preserving open spaces for future generations. This dual advantage enhances the ranch’s worth and preserves its natural beauty.
Working with the Right Real Estate Agent
Choosing the right real estate agent is vital when buying a ranch. This decision can greatly influence your purchasing process. A knowledgeable agent from Hayden Outdoors streamlines your journey, ensuring success. Ranch properties require specialized knowledge. Not all agents have the expertise needed for such purchases. Finding an agent who knows ranches well is crucial. A good agent acts as a guide and advocate. They help you navigate complexities and answer questions. This support makes the buying process clearer and more manageable.
Expertise in Ranch Properties
Expertise in ranch properties means understanding unique challenges. These include zoning laws, water rights, hunting and fishing laws, local land market knowledge and land use regulations. Your agent should have deep knowledge of these specifics. Experience is key in ranch transactions. Look for an agent with a proven track record in the rural property market. They should offer insights into market trends and property value. An expert agent understands the lifestyle and values associated with ranching. They align your needs with the right property options. This alignment ensures satisfaction and long-term happiness.
Due diligence is a critical step in buying a ranch. It involves thorough inspections and assessments. This process uncovers potential issues with the property. An experienced agent will guide you through due diligence. They coordinate inspections and gather vital information. This diligence helps you make an informed decision. Ensuring clear titles, legal compliance, water sources, and environmental assessments are part of this. Completing due diligence protects your investment. It ensures that you enter the purchase with clarity.
Building Relationships with Local Communities
A strong relationship with local communities enhances ranch ownership. A real estate agent with community ties offers added value. They introduce you to local farmers, ranchers, game wardens and service providers. Building these connections benefits your ranch experience. Community relationships provide support, advice, and camaraderie. They enrich your ranching lifestyle with shared knowledge. A well-connected agent helps integrate you into the community. This integration fosters a sense of belonging and community trust. It lays the foundation for a fulfilling ranch ownership experience.
Embracing the Ranch Lifestyle
Owning a ranch offers more than just property—it’s a lifestyle choice, and it’s not for everyone. It embodies freedom, adventure, hard work and a deep connection to nature. Each day brings new possibilities, challenges and unique experiences. The decision to purchase a ranch is both significant and transformative. It invites you to embrace a self-sustaining lifestyle. This journey fosters personal growth and fulfillment. Ranches hold the promise of legacy, family bonding, and stewardship. They provide spaces for recreation, relaxation, and reflection. Embrace the ranch lifestyle and unlock the serenity and satisfaction it offers.
The Buyer’s Guide to Buying Acreage in Kentucky
There’s a certain allure to owning a piece of the Kentucky countryside. The rolling hills, the lush forests, the wide-open spaces – it’s a dream many of us share. But buying land in Kentucky isn’t just about fulfilling a dream. It’s also a significant investment. One that requires careful planning and a deep understanding of the local real estate market. That’s why we at Hayden Outdoors have put together a full guide to navigating your dream acreage in Kentucky.
The Cumberland Mountains shrouded in mist at 1824 Kingtown Rd in Strunk, KY.
Why Kentucky Acreage? The Dream of Space and Freedom
The appeal of Kentucky acreage lies in its vastness and natural beauty. Owning land here means embracing a lifestyle of tranquility and open skies. It’s a space where you can stretch your legs and let your imagination wander. Kentucky’s landscapes are perfect for those craving a break from the hustle and bustle of urban life. Imagine morning walks through misty fields, afternoons spent fishing in your own pond, and evenings under a starlit sky. This is the promise of Kentucky acreage – a promise of freedom and connection with nature.
Understanding Kentucky’s Real Estate Market Trends
Diving into Kentucky’s real estate market reveals opportunities and considerations for potential buyers. The market continues to show promise, but understanding its nuances is key. Recent trends highlight a shift towards rural living and land investment, driven by the desire for more space. Key aspects to consider include:
Fluctuations in land prices.
Demand for rural properties.
Impact of local economy on land values.
These elements play a crucial role in shaping your buying strategy for Kentucky acreage.
When buying acreage in Kentucky, land appraisal and surveys are crucial steps. They determine the property’s true value and uncover any hidden issues. Appraisals provide insight into how much a piece of land is worth in the current market. Surveys, on the other hand, define property boundaries and highlight potential encroachments. These steps should include:
Accurate valuation of the land
Identification of boundary lines
Detection of any legal issues
Together, appraisals and surveys protect your investment and prevent future disputes.
Water and Mineral Rights: A Hidden Value
When buying acreage in Kentucky, it’s essential to explore water and mineral rights. These rights can add significant value. Water access is crucial for farming, livestock, and personal use, while mineral rights could lead to additional income. Understanding these rights requires careful research and often legal guidance. Consulting with experts ensures you know what rights are conveyed with your land, securing long-term benefits and protections.
Zoning Regulations and Land Use in Kentucky
Zoning regulations in Kentucky can greatly influence how you use your purchased acreage. Understanding these rules helps ensure your plans align with legal requirements. It’s essential to explore local land use regulations before buying. These can affect various aspects, such as:
Knowledge of these regulations can help you make informed decisions and prevent future obstacles in your land development ambitions.
Autumn light filtering through the trees at Knight and Hale Farm in Cadiz, Kentucky.
Easements and Access: Knowing Your Rights
Easements can significantly influence how you use your property. They grant others certain rights over parts of your land. Understanding these rights is crucial before buying. Access issues can arise if your property is landlocked. You might need an easement for road access. Ensure you explore all easement agreements to avoid future conflicts. Your peace of mind depends on clear property access rights.
Making Use of the Right Professionals
Financing Your Kentucky Land Purchase
Purchasing land often requires different financing options than a typical home. Banks and lenders may offer land loans tailored to rural properties. Understanding these options is key to securing the best deal. Many land buyers consider financing methods such as:
Traditional bank loans
Owner financing arrangements
USDA rural development loans
Consulting with local financial advisors can help you explore and understand these options. They can guide you through the process, ensuring it aligns with your budget and goals.
Partnering with the Right Real Estate Agent
Choosing the right real estate agent is crucial when buying acreage in Kentucky. Seek agents with expertise in rural property. Their knowledge of the local market can be invaluable. A specialized agent can navigate complex issues, from zoning regulations to land appraisals. They can also connect you with essential resources. This partnership can make your land-buying experience smoother and more successful.
Planning to build on your Kentucky acreage requires careful thought. Understanding local building codes is essential. These regulations may impact your plans significantly.
Key considerations include:
Access to utilities like water and electricity.
Installation of a septic system.
Topography and soil quality for construction.
Furthermore, checking for potential flood zones is crucial. This can affect building options and safety. Engaging with local contractors can provide insights into these issues.
Property Taxes and Insurance in Kentucky
Owning land in Kentucky includes handling property taxes. These taxes vary by county, affecting your annual costs. Knowing the tax rate is vital for budgeting. Insurance is another important factor. It safeguards your investment from unforeseen events. This peace of mind is worth the cost. Ensure you explore different insurance options to find the best coverage for your land.
Embracing a homesteading lifestyle in Kentucky offers unmatched rewards. Imagine self-sufficiency, peace, and a connection to nature’s rhythms. Rural living provides room to grow, both figuratively and literally. Your land becomes a canvas for sustainable living, with gardens, livestock, and green practices. The satisfaction of harvesting homegrown food is unequaled. Homesteading in the Kentucky countryside can truly nourish both body and soul.
The Allure of Agricultural and Woodland Potential
Kentucky’s fertile soil and lush woodlands offer abundant opportunities for both farming and woodland management. Many buyers are drawn to the idea of growing their own crops or managing a timber operation. The region’s climate supports diverse agricultural ventures, from horse farming to small-scale organic agriculture. For outdoor enthusiasts, the woodland areas are teeming with potential. They present opportunities for hunting, conservation, and recreational activities. Whether you dream of managing a sustainable farm or a wildlife habitat, Kentucky’s land is ripe with possibility.
A rafter of Eastern turkeys showing off for the trail cam at Knight and Hale Farm.
Final Thoughts: Embracing the Kentucky Countryside
Owning acreage in Kentucky is more than a real estate transaction; it’s an invitation to a serene lifestyle. The countryside offers a blend of adventure and tranquility that appeals to outdoor enthusiasts. Embrace the rich landscapes and community spirit that distinguish Kentucky living. Whether you’re dreaming of hunting, farming, or simply savoring the peace, the Kentucky countryside holds endless possibilities. Making a home here means joining a legacy of land stewardship and vibrant rural life.
An Expert Shares Things to Consider When Buying Oceanfront Property
Lauren Fichtl describes herself as a southern girl, now living out West. Indeed, her roots stretch from Georgia to the Florida panhandle to the Rocky Mountains and the Southwest. She’s an adventurous mountain towner who loves the beach; a hunter and cowgirl who’s not afraid to swim with great white sharks; and a passionate real estate agent who devotes her career to helping clients find the perfect place to call home.
Lauren currently splits her time between Santa Fe, New Mexico and coastal Florida where she specializes in buying and selling oceanfront property. For many, living on the water is a dream, one she works hard to make come true in her current role as a Hayden Outdoors real estate agent. But in order to achieve the dream, there are a variety of considerations and pitfalls to avoid. Oceanfront property can be unique in a variety of ways. Here, Lauren walks through the dos and don’ts of buying land or homes near the water.
Sunset in Destin, Florida. Photo courtesy of Lauren Fichtl.
Location Matters: Not All Oceanfronts Are Equal
Before diving in, so to speak, Lauren cautions that each oceanfront property is different in structure, access, coastline, and maintenance. “Depending on where you are, you don’t always own all the way to the ocean. Every county is different as to where that property line is, so it’s important to be mindful of what you’re buying. Most people buying oceanfront have the understanding that the majority of the property line will go to the high tide water line. This means others can walk near your property.”
If you’re looking for a completely private beach, talk with your real estate professional about what that means to you and how realistic it is within your budget. Lauren outlines these considerations:
Learn where the property line is – the high tide water mark, which can fluctuate, or another landmark.
Does the property line extend into the water?
Do you own surfer’s rights?
Does the county have an easement that allows public access across the beachfront near your home?
What are the HOA regulations associated with the property?
Is there one access point, or are there multiple places homeowners and the public can walk onto the beach?
Proximity & Climate
It’s also important to think about proximity to urban areas. If seclusion is what you’re after, private beachfront can offer that, however, you might also find yourself farther away from local community amenities such as hospitals, school systems, grocery stores, and dining establishments and nightlife.
While climate and surrounding environment are always an important consideration when investing in real estate, it is an elemental aspect of buying oceanfront property. There is the obvious threat of hurricanes, which can batter poorly built homes into disrepair. But oceanfront property homeowners also need to consider:
Humidity
Rain
Wind
Severe storms
Flooding
Pure white sand and blue water on the coastline of Destin, Florida. Photo Courtesy of Lauren Fichtl.
Know the Risks: Erosion and Flooding
When you’re looking for the ideal beachfront property, two key factors to consider are coastal erosion and flooding. Both can decrease the value of your home and contribute to significant safety hazards. If your house is level with the ocean, this is particularly important. Coastal erosion can affect property values and personal safety by:
Causing structural damage, such as structural instability, foundational damage, and faltering utilities
Increasing flood risk by lowering the land elevation
Driving up homeowner’s insurance costs
Increasing the possibility of landslides
Decreasing the market appeal and value of a property
Make sure you thoroughly understand flood zones as they relate to your property’s location. FEMA defines a flood zone as a geographic area with a specific level of flood risk. Flood zones can be anything from high-risk to minimal flood hazard. Flood zones can also affect your options for building as well as securing adequate flood insurance. Talk with your real estate agent about how flooding might impact your oceanfront property and the flood zones in and around your area.
Along those water lines, flood insurance goes hand-in-hand with flood zones, and is an elemental aspect of any successful beachfront property purchase. Flood insurance protects your property, helps you recover more quickly in case of flooding, and helps you avoid financial loss and replace damaged goods.
Maintenance Costs: It’s More Than Just the View
The ocean can be a beautiful, warm, sunny, inviting place to live. But it also presents a variety of maintenance challenges. Salty air can be hard and corrosive on exterior materials. Wind and water can batter a house over decades, increasing the cost of upkeep. Says Lauren, “It’s one thing to see a big, beautiful house, but you definitely want to look into the age of the property. Most of the properties that get completely wiped out in a hurricane are older construction.”
Lauren’s list of materials and construction items to consider when buying on the beach include:
The age of the home
How it was constructed
If any updates have been made
Hurricane-proof windows
Exterior materials, e.g. paint versus concrete versus metal siding or stucco
Additionally, take into mind the angle of the home – whether it faces the on-shore winds and water or is slightly askew to them. Buyers will want to look closely at landscaping and, if there is none, put in trees and shrubs that can withstand high winds, such as palms and heavy bushes. Stucco is a good alternative to paint or stain if you want to avoid having to reapply materials every few years. Passive homes also tend to better withstand the harsher, constant elements of coastal climate.
Take all of these maintenance costs into consideration before you buy. Oceanfront property can require long-term financial commitments for repairs and maintenance.
Dolphins swimming in teal blue water. Photo courtesy of Lauren Fichtl.
Seasonal Considerations: Off-Peak vs. Peak Periods
You might be someone looking to spend all of your days watching the sun rise and set over the coastal horizon, or you might simply be seeking a warm-weather getaway for part of the year. If you’re buying oceanfront property in a heavily touristed area that enjoys periods of ideal weather and other times of less tempting temps, make sure to account for how often you plan to be at the property and if it will be usable when you want to be there.
Seasonal considerations include:
Temperature fluctuations
Hurricane season
Tourist season (if you’re looking to escape the crowds, or join them)
Water temperature
Amenity availability
To understand the area’s high and low seasons, talk with your real estate professional, but also ask around. Pop into local shops and restaurants and chat with people who live in the area. If you’ll be flying commercially into the local airport, check seasonal ticket prices to make sure you can afford to get to your property when you want to. Think about if you’ll want to visit during high visitation periods (summer or winter depending on the area, spring break, holidays, etc.) and if so, how those costs might impact your decision to buy.
Insurance Essentials: Beyond the Basics
When it comes to properly insuring your beachfront home, Lauren doesn’t equivocate. “Insurance is essential. Make sure your insurance is adequate and you have the right approval. Find a good insurance agent you have a good relationship with, someone who is looking out for your best interests.” Her top homeowner’s insurance tips for oceanfront property include:
Don’t stop at hurricane or flood insurance. Get wind, fire, and storm insurance as well.
Set calendar alerts or set up a yearly call with your insurance agent to make sure your insurance doesn’t lapse or get cancelled.
Consider an endorsement or add-on to your policy that provides coverage for mold, which can become extremely problematic and systemic in oceanside homes.
Spend time with a trusted insurance agent to fully understand the cost of your homeowner’s insurance. Talk about expected annual increases if your area is hit by a hurricane, flood, or other natural disaster. If you plan on renting your home either short-term or long-term, include that coverage in your homeowner’s policy (this can drastically increase your premium cost, doubling it in some cases). Compare insurance quotes across companies, policies, and agents. If you’re a veteran or active military service member, you might be able to secure specific rates that can help lower the annual cost of your insurance.
Maintaining proper insurance coverage for your oceanfront property is key to maintaining the property’s value and ensuring your peace of mind.
Rental Potential and ROI for Oceanfront Homes
If you don’t plan on living in your beachfront home year-round, turning it into a rental property part of the year is an excellent way to offset ownership and maintenance costs and increase the home’s value. “When you’re getting a loan for an oceanfront property, the lender will look at the rental income because it will affect how much you can afford. Properties that rent for higher and more have higher purchase demand.”
While this can be a great way to save money in the long run, don’t discount the costs associated with establishing a property as a rental, such as:
Furnishings
Amenities
Landscaping and maintenance
Utilities
Housekeeping and property management fees
Insurance
Before you put down a down payment, assess the rental demand in the area and any legal requirements.
Is your property zoned for short-term rentals?
If other properties in the area are rented, how much do they charge and what is the average length of stay?
Do you want to put any limitations on potential renters, such as number in the party, pets, parking, etc.?
Expert Advice: What to Ask Before You Buy
Lauren encourages potential beachfront buyers to approach the process with a checklist in mind, including key questions to ask real estate agents, inspectors, and local authorities, including:
How old is the house?
Where is the property line?
Has it had any recent updates?
Has it been tested for mold?
What are the property taxes?
How much are the HOA fees if there are any?
Will you have the beach access you want?
Are you zoned for short-term rentals?
What are the environmental influences, including storms, hurricane season, flood zones, natural land barriers, etc.?
How old is the roof?
Are the windows hurricane-proof?
Some of these answers are obvious, others less so, which is why consulting with a professional is non-negotiable. Lauren and agents like her know which questions to ask and who to turn to for the most informed answers. She relies on long-established networks of reliable local authorities and inspectors to help her clients find their dream property within their budget.
The Fichtl family on a fishing trip in Florida. Photo courtesy of Lauren Fichtl.
Conclusion: Making Your Oceanfront Dream a Reality
In a world where remote or hybrid work is now a reality for many, oceanfront living has become a possibility for those looking to escape to their own slice of beach. Lauren appreciates that. Growing up in Destin, Florida engrained a love of salty air and coastal life, one she’s happy to share with those looking to fulfill their own oceanfront dreams.
Lauren with her husband and fellow Hayden Outdoors agent, Chris. Photo Courtesy of Lauren Fichtl.
Steps to Take When Selling Farm Land
Selling farm land is no small task. It requires careful planning, a deep understanding of the market, excellent marketing and a good deal of patience. With the right guidance, selling your farm land can be a good financial decision. It’s an opportunity to sell your land and pass on a piece of rural paradise to someone who will appreciate it as much as you do, as well as free up funds for other investments or beneficiary funding. We’ll walk you through the steps to take when selling farm land, from understanding the local real estate market to marketing the property to closing the sale. Whether you’re an outdoor land blogger looking for engaging content, or a farm and ranch owner considering selling your land, this guide is for you.
Understanding the Local Farm Real Estate Market
Before you hire a land agent and put up that “For Sale” sign, it’s key to understand your local farm real estate market. Each region comes with its own set of dynamics influenced by everything from economic trends and land values to local agricultural policies. Start by researching available properties for sale nearby or recent sales in your area with a licensed agent. Look at comparable properties to get a sense of what’s selling and at what price. This will help you gauge market demand and set realistic expectations. Consulting with real estate agents specializing in farm land can provide invaluable insights. They know the local market inside out and can alert you to any emerging trends or potential challenges in your area.
Analyzing Current Market Trends
The farm land market is always shifting. Staying on top of current trends will help you make informed decisions. Pay attention to factors such as crop prices, input costs, interest rates, and farming subsidies, as these can significantly influence land values. Market reports from agents and real estate publications often highlight key trends. Keep an eye on these resources to see where the market is headed. Are prices rising or falling? Is demand increasing or waning? By understanding these dynamics, you can better position your property to attract the right buyers at the right time.
The Best Time to Sell: Seasonal and Economic Considerations
Timing your sale can make a big difference in the outcome. Farm land can be more attractive during certain seasons or economic conditions. For example, springtime or summer might offer freshly planted crops or lush, green fields, making the land more visually appealing in marketing and showings. Economic factors like rural land interest rates and government policies also play a crucial role. Selling when rates are low might attract more buyers, while supportive agricultural policies can boost land values. Careful analysis of these factors will help you determine the optimum time to list your farm land, ensuring you reach potential buyers ready to make a purchase.
Preparing Your Land for Sale
Getting your land ready for sale is about first impressions. A well-maintained property attracts more buyers and can command a better price. Start with a thorough clean-up. Remove any debris or unwanted items. Tidy up fence lines and access roads. A neat appearance suggests that the land has been well cared for. Give lease notice or termination to any tenants you have that you are preparing to sell. Consider making improvements. Repair any damaged structures or infrastructure. Clean the farm yard, ensure clear property boundaries, and enhance the land’s “curb appeal”. These steps can significantly impact a buyer’s perception and willingness to pay top dollar.
Clean-Up and Land Improvements
The state of your land speaks volumes. Begin by walking the property to identify areas needing attention. Cut back overgrown areas and ensure paths are clear. This not only improves aesthetics but also makes the land easily navigable for potential agents and buyers. Consider minor improvements that make a big difference. Fixing leaky irrigation systems or restoring worn-out buildings can increase value. Enhancements can have a positive impact on both the sale price and buyer interest. Talk with a real estate agent about the costs of repair compared to the value in a sale.
Establishing Fair Market Value
Setting the right price is crucial. An accurate assessment prevents your land from sitting on the market too long or undervaluing your property. To do this, talk with a Hayden Outdoors agent to get a Comparative Market Analysis (CMA), or possibly have an appraisal done by a professional familiar with farm land (Appraisal costs vary depending on your farm size). Consider all potential income sources from the land, like crop production, hunting leases or rental income. What values can be put on soil types, rainfall, water rights and mineral rights? These details can affect your asking price. A fair valuation, backed by data, is convincing when negotiating with buyers.
Hiring the Right Professionals
Successfully selling farm land often requires a team of experts. Navigating this complex process is easier with skilled professionals by your side. They offer valuable insights and ensure you cover all bases. Start with a real estate agent who specializes in farm land. Their experience in rural property sales is invaluable. They’ll assist in marketing, pricing, and negotiating, specifically tailored to land sales. Don’t overlook the importance of legal and financial advisors. They safeguard against potential pitfalls. They help you comprehend the tax implications and legal requirements involved, ensuring a smooth transaction.
The Role of a Specialized Farm Land Agent
An agent experienced in farm land sales is crucial. They understand the nuances of the rural market and modern marketing; gone are the days of a property sign and local newspaper ad to sell your farm. Their knowledge helps attract the right buyers nationally and determines realistic pricing. Their network can uncover buyers you might miss. By leveraging their expertise, you increase the chances of a successful and timely sale.
Legal and Tax Implications: Seeking Expert Advice
The legal side of selling land can be daunting. Hiring an attorney who knows farm real estate law is wise. They navigate contracts, easements, leases, 1031 exchanges, trusts and settlement, ensuring everything is in order. Tax implications can be complex. A knowledgeable accountant can advise on capital gains, agricultural tax breaks, and other financial matters. This guidance optimizes your sale results, reducing unexpected tax burdens. A good Title company can ensure that the deed and title work are accurate and on time, which is critical to a real estate transaction.
Marketing Your Farm Land
Marketing farm land requires a unique approach. Unlike typical real estate, farm land offers specific features that appeal to niche buyers. Emphasizing these can be your key to success. Start by identifying the unique attributes of your property. Features such as fertile soil, water rights, crop production, or proximity to markets can enhance the appeal. These aspects form the core of your marketing strategy. Don’t underestimate the power of a strategic marketing plan from a land broker. This includes eye-catching listings, harnessing traditional and digital ad platforms, local, regional and national marketing, and the traditional referral approach. Together, these efforts can effectively reach potential buyers.
Crafting a Compelling Listing
A well-crafted listing description and presentation can captivate potential buyers. Hayden Outdoors agents will highlight the land’s features and potential uses in a clear manner. Quality agents use precise and thorough language to describe things like acreage, terrain, and existing infrastructure. Excellent photos and video are crucial. High-quality images and videos showcase the land’s beauty and functionality. Let them tell a story that words alone cannot convey, drawing in interested buyers ready to explore further.
Utilizing Online Platforms and Social Media
The digital age presents numerous opportunities for selling farm land. Online platforms broaden your reach, connecting with buyers far and wide. Only the most successful real estate firms use a variety of marketing channels to advertise real estate. From traditional real estate websites to specialized farm land forums, every option is valuable. Social media adds another dimension. Platforms like Facebook and Instagram can showcase your land’s visual appeal. Engaging posts and ads increase visibility, reaching communities interested in rural properties.
Showings for Potential Buyers
Inviting prospective buyers for a property tour is a powerful tool used by agents to bring qualified buyers to see the property. It provides them with a tangible sense of the land’s potential and assets. Walking through the fields often tells more than any listing could. Prepare the property to look its best. Ensure paths are clear and views are unobstructed. During the tour, the agents will discuss insights about the land’s history, functionality, profitability and future potential, making a lasting impression.
Navigating Offers and Negotiations
Once your land attracts attention, offers may start rolling in from buyers to your agent. This stage is where negotiations begin, a critical phase that can dramatically affect your final outcome. Strategic thinking and patience are your allies here. Each offer can vary significantly. Factors such as buyer contingencies, financing terms, and timelines can play a crucial role in negotiations. It’s wise to weigh these factors carefully against your priorities. Being open to negotiations ensures you don’t close off potential deals. Flexibility often leads to a satisfying middle ground. Let our qualified real estate agents handle your communication with potential buyers or buyer agents. Keep calm, remain professional, and always aim for a solution that feels fair to both sides. Buyers are normally not trying to insult you with lower offers, they are trying to inquire about below market opportunities and testing your motivation levels. Would you do the same?
Handling Multiple Offers and Terms of Sale
Receiving multiple offers can be both exciting and overwhelming. It’s essential to assess each on its own merits. Don’t just look at the price; consider terms such as inspection periods and closing dates too. This process benefits from a thoughtful, methodical approach. Rank the offers based on your goals and the overall package they present. Communicate clearly with your agent to relay comments and responses to potential buyers, keeping them informed and engaged.
The Importance of Due Diligence
Due diligence protects both the buyer and seller. It involves confirming all facts and conditions related to the property. Skipping this step can lead to unwelcome surprises later in the process. Keeping you on track and on time is a real estate agent’s job. We encourage prospective buyers to conduct inspections and surveys. This transparency builds trust and can streamline negotiations. Being thorough ensures a smoother closing process and peace of mind for everyone involved.
Closing the Sale
Reaching the closing stage is an exciting milestone in selling farm land. This phase involves finalizing the sale and ensuring all legalities are in place. It’s essential to be thorough and detail-oriented as you approach this conclusion. Documentation is key during the closing process. You’ll need to gather all necessary paperwork and prepare for the transfer of ownership. This includes signing agreements and verifying that all contingencies have been met. Communication with your agent and the buyers remains crucial. Clear dialogue ensures that any last-minute questions or concerns can be addressed swiftly. A smooth closing is the product of careful planning and professional handling.
Preparing for Closing: Documentation and Ownership Transfer
The preparation for closing involves assembling a comprehensive set of documents by your agent and a title company, and possibly an attorney. Essential paperwork includes the purchase agreement, title deeds, title insurance policy, lease documents, and any other legal contracts. Having these in order ensures a seamless transfer of ownership. During this period, confirm with your agent that all financial requirements are met, including escrow deposits and loan approvals, if applicable. Proper preparation mitigates delays and ensures that both parties can proceed confidently.
Post-Sale Considerations and Responsibilities
After the sale concludes, several responsibilities could remain for the seller. These may include farming existing crops when mature, which is very common in farm land sales. ]Additionally, reflect on the sale process to gather insights for future endeavors. Whether it’s feedback from buyers or lessons learned during negotiations, these takeaways provide valuable experience for your next venture.
Personal Anecdotes and Case Studies
Selling farm land is often more than just a business transaction. For many, it’s an emotional journey filled with memories and deep-rooted connections. Personal stories can offer valuable insights into this multifaceted process. Consider the tale of a family who decided to sell their ancestral land. They faced both bittersweet emotions and the challenge of finding the right buyer who appreciated the property’s history. Their journey included tearful goodbyes but also hopeful new beginnings. These stories illustrate the blend of practical steps and emotional transitions involved. Through shared experiences, sellers can find guidance and reassurance, knowing they’re not alone in their journey.
Emotional Aspects of Selling Family-Owned Land
Letting go of family-owned land can tug at the heartstrings. It often holds generations of memories and life stories. Embracing these emotions is a natural part of the process. One must reconcile nostalgia with the practicalities of sale. Balancing these emotions can help ease the transition and open a new chapter with a sense of closure and respect for what was.
Success Stories: Learning from Others
Success stories can serve as powerful motivators. One farm owner sold land while maximizing value by smartly highlighting its potential for organic farming. The family’s planning and strategic approach made it a lucrative venture. Another example involves a seller who transformed an underused property into a sought-after retreat spot. Understanding market trends and leveraging unique features led to an impressive sale. Learning from these stories can inspire innovative thinking and effective strategies.
Conclusion and Checklist
Selling farm land involves careful planning and strategic steps. Each stage, from understanding market trends to closing, plays a crucial role in achieving a successful sale. Emotions, too, weave through the journey, adding depth to the process. Having a checklist can help streamline actions and maintain focus. It ensures nothing is overlooked during this complex and rewarding venture.
Here’s a handy checklist to guide you:
Research local market trends
Determine the best time to sell
Prepare land with necessary improvements
Hire specialized professionals
Create compelling marketing materials
Engage potential buyers through tours
Navigate offers with diligence
Plan for closing documentation
By ticking off each item, you can confidently move towards a satisfying sale experience.
What You Need to Know When Applying for a Private Landowner Tags & Private Land Licenses
Owning recreational or ranch property comes with many perks, but it’s also a job in and of itself to manage the land, and for some, turn a profit on it. As cattle revenues continue to fluctuate, many large landowners have turned to private hunting leases in recent years as a predictable source of income, not to mention the added benefit of cultivating trophy big game and offering premium hunting opportunities to family, friends, and clients. In many states, private landowners can apply with the Game and Fish offices to receive landowner hunting tags for big game species to use for themselves, family, friends or to sell (depending on the state laws). Before you go down the road of applying for a private landowner hunting tags, here are a few things to know.
Eligibility Requirements for Landowners
There are a variety of things to consider regarding landowner hunting tags. The first, and perhaps most obvious, is the land. How many acres qualifies for a private landowner hunting licenses? The specific number varies from state to state, but generally falls within the range of 160 to 640 contiguous acres or more.
Additionally, you will need proof of land ownership such as property deed, tax bill, or contract to purchase and any lease agreements or easements associated with the property. Land owners might also need to show residency within the state in which they wish to offer their private land for hunting. Confirm your state’s regulations, but this typically requires a property owner to live in the state for at least 180 consecutive days before applying for a license. In all cases, make sure to check with your local and state agencies to ensure you meet all requirements. If you’re a non-resident landowner who can not apply for landowner hunting rights, you might still be able to sponsor hunters who live in the state to hunt on your land. Again, review this request with your wildlife management agencies.
Bull Elk at Sunrise During the Fall Rut in Wyoming
Understanding State and Local Hunting Laws
Each state has a different set of rules and regulations for hunting private land. If you plan on applying for landowner hunting tags to hunt your own land, you’ll need to understand these rules as they relate to your property. In some states, deer require a certain number of contiguous acres whereas larger game, like elk, might require more. And these rules can change from year to year.
Most public land hunting restrictions also apply to private landowners. This can include protected species and seasonal restrictions. If you allow others to hunt your property, make sure all those hunting your land understand these rules and regulations, and know how to identify any protected species and their habitat.
You can stay informed about local hunting laws by visiting agencies and organizations in your region such as Game and Fish associations, DNR offices and Wildlife & Parks.
The Application Process: Step-by-Step Guide
Private landowners should collect all necessary information before applying for their permit. This information will vary by state, but can include the following:
Name
Date of birth
Address
Email
Which type of permit you’re applying for
Name in which the land is deeded
Contact name (if someone other than the landowner, such as a property manager or outfitter, is the primary point of contact)
County
Hunting district (township, range, section)
Tax bill information
Some states provide an online licensing system that allows landowners to submit all materials through the wildlife management website. Others might require hard copy materials and an in-person application.
If you plan to apply for a landowner hunting tags, make sure you know the deadline for the upcoming season. In many cases, the deadline for the next season is the last day of the current year, e.g. December 31, 2024 for the 2025 hunting season. Timeline for approval varies, but most states provide a contact phone number, tracking website, or other form of knowing when you can expect to know the status of your application.
UPCOMING DEADLINES FOR LANDOWNER TAG APPLICATIONS:
No set deadline, recommend applying before January 1st, 2025.
New Mexico:
Register by January 5th, 2025 (Primary Zone), June 30th, 2025 (Secondary Zone)
Montana:
Register by April 1st, 2025 at 5:00pm MST
Private Land Tag Costs and Fees
Fees for private landowner hunting vary widely depending on a variety of factors, including the state, type of game, hunting district regulations, and total acreage. For landowners the cost for landowner tags can be minimal, but if legal in your state, the landowner may sell these landowner tags to the general public for market rate.
Keep the following in mind:
State in which you’re applying
How much land you own, the more land usually means you can apply for more licenses
Which type of game you plan to hunt
Whether or not your application will require a property survey
Recent property tax bills
Some states like New Mexico offer a bonus or incentive tag for responsible and sustainable land ownership, rewarding those who steward the land, do not overgraze, and oversee good water disbursement.
Responsibilities of the Private Landowner
As a private landowner with hunting permits for your property, it’s important to be mindful of the responsibility that comes with it. To help ensure the safety of you, hunters on your land, and those hunting bordering properties, make sure you:
Maintain property boundaries and safety standards
Set clear rules for hunters on your land
Establish clear property boundaries and no-trespass points
Consider legal liability and insurance measures
Hayden Outdoors Agent & Partner Greg Liddle
Hayden Outdoors recreational real estate professional Greg Liddle sums up the benefits of hunting on private land. “In 1985, you could walk into your nearest hardware store and get your deer or elk tag right over the counter. It was good for the entire season. Nowadays, there are units in Colorado that could easily take 25 – 30 years to draw.” He notes that in 2021, an additional 60,000 applicants applied for big game deer and elk tags in the state of Colorado alone as compared to the previous year.
“This makes hunting on private land pretty appealing to those who have access to it.” Private hunting land is certainly a luxury, but it’s much more than that in today’s world. It’s a legacy for future generations of hunters. It’s added financial value in your recreational real estate investment. And it’s a way to preserve the land for all those who value the art of big game hunting. To learn more about securing a private land hunting application for your recreational property, or if you’re interested in purchasing private hunting land, contact Hayden Outdoors.”
*Don’t forget to visit us at a trade show to discuss Landowner Tags!*
Hayden Outdoors will attend a number of hunting and sporting trade shows every year. Stop by one of these shows to discuss how we can help you with your private landowner tag application, property and wildlife management and learn about some amazing sporting properties we have for sale from coast to coast.
Jake Hyland got the hunting bug early in life, and he’s fostered the passion ever since. He has guided on some of the most coveted trophy elk and mule deer properties in the country, and lived in South Dakota for a number of years, hunting whitetail, mule deer, ducks, geese, and pheasants. His family still runs cattle in Colorado and Wyoming, and he and his family call Colorado’s Front Range home. Jake has been working with Hayden Outdoors going on eight years now. He’s an expert in buying and selling farmland, ranchland, dairy stockyards, timberland, hunting properties, earning income from rural property, and water and mineral rights.
This is all to say that when it comes to making a life of your rural property, Jake knows a thing or two about it. “My relationship with land stewardship began at a very young age. I’ve always been surrounded by agriculture and that way of life.” Lucky for us, Jake was willing to share his thoughts on generating some revenue off your land.
Jake Hyland after bow hunting a black bear. Photo courtesy of Jake Hyland.
Strategies for Earning Income
Renting Land for Farming
There are a lot of different investment strategies with rural property. The most common are short-term and long-term rental – simply turning the keys over to a responsible tenant and collecting rent. However, recreation, farm, and ranchland offer additional income opportunities. The best example of this isfarm monetization, which can be broken up into three categories:
Owner/operator
Absentee landowner, wherein the owner rents to a farmer tenant
Tenant farm leases
Tenant farm leases can be flat-cash rent in which the tenant calculates rent on a price-per-acre annual basis. The arrangement can also include half of the rent payment on the front end and the other half in the fall and winter months, post-harvest. “These can be annual, two-, three-, or five-year leases. Typically they’re annual leases that are reevaluated in the spring,” Jake explains.
Rural property owners can also consider sharecropping. “In this scenario, you’re basically going into business with the farmer. The most common arrangement is the landowner making one-third and the farmer making two-thirds with everything else – seeds, maintenance, fertilizer – split the same way.”
Leasing Land to Ranchers
Ranching and grazing are also typically based on a price-per-acre structure with an annual lease and defined grazing window – most often May 1 through October 15. If you’re using a price-per-head model, then a monthly lease is most common. “It basically comes down to your relationship with your tenant,” says Jake. “You’re putting a lot of onus on your tenant rancher because you’re agreeing this ranch can sustain 100 cows per month for five months. If the tenant grazes it down to a parking lot, now your stewardship program is diminished for the next year. You need the rancher and the farmer to be good stewards of your ground.”
A wide swath of recreational land. Photo courtesy of Jake Hyland.
Renewable Energy: Leasing Land for Water, Mineral Rights, Solar, or Wind Farms
Water and mineral rights can be complicated transactions depending on your state. Jake has a lot of valuable experience and knowledge in this department. “Mineral leases are complicated but lucrative. Because of the amount of oil and gas exploration going on, it’s a very hot issue.”
It’s also very dependent on the region and the fact you can sell mineral rights separately, which is why it’s so important to work with someone who’s very familiar with the rights in your area. Other natural resources to consider monetizing on your rural property include wind leases for windmills or wind farms. And then there are solar farms. “Renewable energy is a lengthy and time-consuming process, but for those who are willing to jump through the hoops, it can be very lucrative.”
Key factors to consider when leasing land for energy production include:
Tax implications
Resources available and the quality and consistency of those resources
What it will do to your property value, e.g. will the revenue from the energy production outweigh the potential infrastructure required to produce it
Forestry and Timber Sales
Timber is another big revenue maker in certain areas. If your property is heavily forested, logging it to sell the timber is a great opportunity to make some money off your land. Selective logging, tree thinning, and tree removal can have added benefits, including:
Wildfire mitigation
Wildlife habitat improvement
Space for improved road and trail systems
In some states, government agencies will provide grants for selective tree removal to help prevent and manage wildlife. Talk with your local U.S. Forest Service or DNRC office to learn more about these opportunities in your area. Beyond basic logging, timber can also be an income generator through the sale of firewood, woodchips, or speciality woods.
Harvested timber.
Agritourism and Glamping
Both agritourism, which encourages people to explore farming and ranching experiences as a form of tourism, and glamping are quickly increasing in popularity and offer revenue potential for your property. If you have land that works well for small-unit cabins, yurts, luxury wall tents, or trailers, glamping can be a great money maker.
Things to consider when looking at agritourism and glamping on your property include:
Proper homeowner’s, business, and liability insurance
Comfortable accommodations
Seasonality, especially for farming-specific activities
Staffing and maintenance
Food
Marketing strategies and costs
Offering Hunting and Fishing Leases
According to Jake, it’s common to lease for a specific type of hunting. For example, deer hunting is for you while waterfowl hunting land is leased. If you own a 1,000-acre property, you can lease 500 acres and keep the remaining 500 private, ensuring there is a clear line between the two. “As the old saying goes,” Jake says, “good fences make good neighbors.” These leases can be seasonal, relative to specific hunting seasons.
Fishing can be a little trickier, but certainly not impossible. Depending on the state, you might need to go through your local fish and wildlife agency. “Have a lease drawn up with an attorney who knows what they’re talking about.” Jake also recommends getting liability insurance specific to hunting and fishing on private rural land.
In both cases, safety is paramount. Make sure guides, outfitters, or others who are leasing the property for hunting and fishing are up-to-date on all relevant hunter’s safety education, hunting regulations, hunting and fishing seasons and licenses, and first aid.
Jake and his buddies after a successful goose hunt. Photo courtesy of Jake Hyland.
“Using a recreational broker is more important today than it’s ever been. These professionals live this life first-hand, and know the ins and outs of property types and usage.” He goes on to point out the importance of what drew you to the land in the first place. “Don’t lose sight of why you bought the recreational property or rural piece of real estate. You bought it for peace and solitude, and the more you open up income, the more you increase the opportunity for intrusion.”
He cautions that this type of life and land investment is not a quick turnaround; it’s not a get-rich-quick endeavor. Instead, you’re probably looking at a 15- or 20-year plan. “Do your research on it. Know what you’re getting into. Call your local broker; they have a lot of first-hand knowledge of the region.”
As an avid lover of the land and someone who has lived his entire life exploring the hidden corners of the country, Jake shares this key insight about protecting it: “Land is a great investment. Don’t forget that we can’t make any more of it. It’s a limited resource; we’re just borrowing the ground.”
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