When the world is stressing you out, a home in the country could be the ideal place to escape. The fresh air and peace and quiet can be tempting, but there are some things you should know about purchasing rural property or acreage before even considering country living. Below are five things you should know if you’re considering buying rural property:
Consider the Location
No matter what type of real estate you’re buying, location matters considerably. This golden rule of real estate especially applies to rural property or acreage. Different areas have different zoning laws and rules for purchasing and maintaining land and property.
You should pay a visit to the local courthouse in the area where you’d like to purchase a piece of property. A visit to the courthouse will educate you on the local zoning laws, how property lines are established and what to do if there’s a dispute, and on how the water and septic systems operate. Of course, an experienced realtor will already know the best areas in which to buy rural land, and might even have this type of information available for you.
Have a Purchasing Plan
A purchasing plan is a necessity when you’re thinking of buying new property. When purchasing acreage, it comes in especially handy as there are many dimensions to buying rural property. A pros and cons list is a good start, but you may also want to sit down with your realtor to go over some of the finer points of owning rural property. Some of the things to consider could be the commute from the country to the city, your location in relation to local shops, schools, property maintenance, fencing requirements, and available employment.
Questions are of the utmost importance when buying acreage and knowledge is the key to getting the best deal. Once you’ve chosen an area in which you would like to purchase, it’s time to start asking some questions. Important questions to ask are:
- What are the costs of maintaining outbuildings, fences, and other structures?
- Has the property been well-maintained and what sort of maintenance should be performed?
- What’s the condition of the land?
- What are the easements?
- How old and deep is the well and septic system?
- When was the septic system last pumped?
These are just a few of the many things you should consider when looking to purchase rural property. Of course, there are a lot more things to consider, like the extra costs of owning rural property, farming regulations, and more. However, these considerations are an excellent place to start, and can certainly help with your rural Saskatoon real estate search. With this brief guide and a knowledgeable real estate agent, you’re sure to find the country home of your dreams.
Ready to start searching for that perfect rural property? Give me a call anytime at 306.227.6661 or fill out the contact form on the right and let me put my years of experience in the Saskatoon real estate market to work for you.