Many land buyers make the common mistake of not considering diversity when searching for land. A 500-acre hardwood bottom is what many buyers envision. While it is beautiful and could be a great investment, it doesn’t offer the variety necessary to make the property livable all year without major improvements. Land is not an investment that can be used only once. Buyers should look for properties that offer a variety of recreational and entertainment uses throughout the year.
Before a Certified Land Specialist begins walking properties, it is crucial for buyers to identify and prioritize the intended uses of a property. Buyers often get caught up in the property’s aesthetic appeal and forget to consider their needs and wants. Land is a long-term investment. It is best to not act on impulse or rush to make a purchase.
After you have identified your priorities and walked on the property, it’s time to review the property to ensure that the property meets your expectations. If you are interested in a large dove farm, how much land is available to allow for one? You may need to consult an outside consultant such as a forester, wildlife biologist or other expert to make these decisions and get a clear picture of how the property will fit your needs.
Hunting is still the most popular recreational land use. Each year, over 20 million Americans go outdoors to hunt. Most first-time land buyers don’t consider the potential hunting-based uses of a tract. While they know their favorite two or three types of game, they don’t realize the other game animals that can be used to fill in the gaps between seasons. One prime example is dove hunting. Dove hunting is a wonderful way to get out on your property and improve your wing-shooting skills. Dove hunting is a social hunting option that allows you to invite more people than you could with a turkey or deer hunt. Although dove fields may not be successful in every area, they can give landowners another way to enjoy their property. Trapping or predator hunting can be an exciting way to have fun while helping the game species on your property survive. There are many ways to hunt 365; it all depends on the land you have and who is hunting it.
Diversity of the tract is the key to a variety of hunting opportunities. A healthy balance of open and covered land is essential for a tract. The ideal balance of open and covered land is difficult to determine as buyers may have different hunting preferences. It is important to find property that is flexible, meaning it can grow many crops or timber as needed to meet your management goals. A soil map of the property is one way to find out. These are available at the National Resource Conservation Service office . They may be able help you determine the soil productivity of the tract.
Water is an essential natural resource. We depend on it for our survival. A property with a sufficient water supply may have many uses. The water source could be used by waterfowl as a wintering ground. This could make it an attractive hunting area.
A body of water can enhance the beauty and value of rural land. Landowners can also enjoy the opportunity to fish from their property, especially in the off-season. I evaluate the existing ponds and lakes on the land I am interested in buying when I look at it. I will verify that the property has access to a stream or river. High banks can make it difficult to get your boat into the water to fish the creek or river.
Water has many recreational benefits. It is vital to keep in mind that water is essential for wildlife to thrive on any piece of land. Make sure you understand the water situation before you buy a property. Sometimes water rights can be separated from the bundle rights that are included with a parcel, particularly in the west United States.
There are many activities that a property can support or offer. The landowner must be creative and enthusiastic enough to take part in these activities. Many landowners have begun to build sporting clay courses on their properties for the same reasons that dove hunting: to improve their shooting skills and have fun. While the courses vary in cost and style, all offer shooting practice and enjoyment. The same purpose is served by both archery and rifle ranges. They are great fun, especially in the summer when you get the desire to hunt.
Land is one of the most versatile and valuable investments a person can make. Only the land itself and the buyer’s imagination limit the number of possible uses for a parcel of land. Diversified properties will provide buyers with a lot of options. If you decide to sell your property, the tract’s diversity will increase its value. You can make a strong investment in rural America by focusing on your priorities and looking long-term.
Original Blog: https://www.landthink.com/maximize-your-investment-buy-a-diverse-property/
