Tips for Purchasing Ideal Farming Property
Starting a homestead is an exciting journey, but the process of finding the perfect piece of land can be overwhelming. Here's a comprehensive checklist to ensure you make the best decision for your homesteading dreams.
Must-Haves for Your Homestead Land
1. Legal Access Rights
Always confirm your right to access the property, especially if it's surrounded by public land or not properly subdivided. Make sure your access isn't revocable under any circumstances to avoid costly legal fees or abandoning your dreams.
2. Covenants and Restrictions
Look into any covenants, HOAs, or other restrictions that may apply to the property, as some can be surprisingly limiting. Ensure the land isn't restricted from fulfilling your homesteading goals.
3. Water Sources and Rights
Investigate the availability and accessibility of water sources such as wells, streams, or nearby bodies of water. Be aware that water rights may not always be implied, and it's essential to own them.
4. Road Accessibility
Consider the condition and seasonal availability of the road leading to the property, as well as the distance to the nearest public, maintained road.
5. Septic Systems and Waste disposal
Understand the minimum septic requirements for your region and ensure the property can accommodate your chosen waste disposal system. If a traditional septic system is needed, make sure the land perks and permitting can be obtained.
6. Timber and Mineral Rights
Don't ignore timber and mineral rights, as they can become valuable assets. Be wary of properties where these rights have been signed off to someone else.
7. Proximity to Town
Although self-sufficiency is key, it's essential to have easy access to resources and services, especially if you or your spouse will need to work off the homestead. A balance between seclusion and convenience is ideal.
8. Land Size and Layout
Ensure the property is large enough to meet all your homesteading goals, including housing, outbuildings, pasture, gardens, and orchards. Consider overestimating the space required to avoid overcrowding livestock.
9. Existing Improvements and Developability
Assess the condition of any existing improvements on the property and weigh the costs of removing them or renovating them. Consult a land planner or builder to determine if the property can meet your homesteading goals now and in the future.
10. Utilities and Alternative Power Sources
Consider the availability of electricity, internet, and other essential utilities. If off-grid living is your preference, ensure there are resources for alternative power, such as solar panels or wind turbines.
11. Neighbors and Community
Ask around about the neighbors and the local community to get a feel for the area. Make sure you'll be welcomed and won't face any unwanted issues with nearby residents.
12. Wildlife and Foraging Opportunities
Consider the potential for hunting, fishing, and foraging on the property or within the surrounding area to supplement your food sources.
13. Financing and Affordability
Determine if the property can be financed, and if so, at a reasonable interest rate. Calculate your monthly payments to ensure they're manageable within your budget.
14. Property Condition and History
Research the property's history for liens, environmental hazards, or potential future hazards—such as flood plains, mudslides, or wildfire risks. A land survey can provide valuable insight into the property's boundaries and any easements.
15. Soil Composition
Inspect the soil composition to ensure it's suitable for your intended agricultural activities. If necessary, consider preparing the soil for farming or gardening.
With this checklist in hand, you'll be well-prepared to find the perfect parcel of land for your dream homestead!
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Embrace your homesteading journey by considering the home-and-garden aspects of the property, such as soil composition and layout, which are crucial for your gardens and orchards. Additionally, contemplate the lifestyle factors that will enrich your homestead, like proximity to town for resources and services, and the presence of wildlife for supplemental food sources, as these elements contribute to the overall success and enjoyment of your homesteading endeavor.
