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The soil system of your land, and how/if you can reach it by road also determine its worth. Take topography and transportation seriously in the searching process.
Does your property have access to a road? If not, you should be willing and able to build one as inaccessible land is also essentially worthless. What is the climate like? If you're buying in an area with cold, snowy winters considering the type of road, if any, leading to your land is particularly important.
Once again, check carefully for any easements. An easement means you do not own 100% of your land, and it is possible that a utility company, or other landowner can regularly use your land. This could affect how you can use your land, as well as its success as an investment.
What is the topography of your land? Take notice of where water runs and if your land can support infrastructure. Watch for signs of flooding and know soil types and grade. Knowing your soil type also affects your ability to drill and set up a water source like a well, so make sure you factor in the added cost of drilling through something like rock as opposed to a softer soil like sand.
The text was updated successfully, but these errors were encountered:
The soil system of your land, and how/if you can reach it by road also determine its worth. Take topography and transportation seriously in the searching process.
The text was updated successfully, but these errors were encountered: