Not all open land needs to be used for commercial, residential or agricultural purposes. For the investor with vision, it can be an excellent money-maker when used for recreational purposes.
Before buying or selling land, arrange for a land appraisal from a licensed agent. This will help prevent financially devastating and costly valuation errors and other problems.
In a 1031 exchange (also known as a Starker exchange, named for the individual who convinced the courts of its legality), three conditions must be met in order to qualify. We can provide this information and help you determine if it is something to pursue.
"Land is the only thing in the world that amounts to anything, for 'Tis the only thing in this world that lasts, 'Tis the only thing worth working for..." - Margaret Mitchell
"It is a comfortable feeling to know that you stand on your own ground. Land is about the only thing that can't fly away." - Anthony Trollope
About 80 percent of the American population lives in urban areas. Here’s where it gets more interesting: urban areas in the U.S. take up only a small percentage of land, around two to three percent!
Should you wish to petition for a zoning change to your land after purchasing it, you will need to have a qualified surveyor testify before the zoning board about where the property boundaries lie.
Land prices rarely go down. However, land values may fluctuate as to how quickly they rise. Nonetheless, owning land is a proven hedge against inflation and is a superior investment for both the short and long term.
"Maintaining healthy forests is essential to those who make a living from the land and for those of us who use them for recreational purposes." - Cathy McMorris Rodgers
"I think having land and not ruining it is the most beautiful art that anybody could ever want to own." - Andy Warhol, American artist
"Land is the secure ground of home, the sea is like life, the outside, the unknown." - Stephen Gardiner
Do not overlook or ignore erosion damage, especially on land that is not terraced, as it can have a huge impact on the land’s productivity and, subsequently, its profitability.
Considering making improvements to your land? A land appraisal provides information on its current value as well as projections on its value after improvements have been made.
Are you interested in land that may or may not be in a flood plain? Request a flood elevation survey to find out for certain so you can take out the necessary insurance.
Looking for land to fit your commercial, residential, industrial or agricultural plans? Let us know what they are, and we will direct you to properties that are zoned accordingly.
As professionals in land sales, we understand the nuances of properties, including cycles of land value and the cash flow potential they can have.
What is the difference between an easement and an encroachment? They are often confused - but an easement is essentially an encroachment with prior permission with the property owner.
How big is an acre? It's about 10 square chains or 160 square poles, in surveying language. For the rest of us, it's 43,560 square feet.
The term "metes and bounds," is a surveying system, fairly ancient in origin, that describes the boundaries to a property in terms of distance and relationship to natural features and properties that share boundaries.
Why does an encroachment matter? A potential buyer may change their mind about purchasing a property with an issue that may affect the value and how much title insurance they have to pay for.
If you plan on building a house on the land you are buying, have it surveyed and turn the information over to the architects before they begin drafting their designs. Accurate information eliminates guesswork and saves money.
The demand for food is a constant, especially as population continues to increase. Investing in good farmland is a sure way to tap into the profitable commodities market.
