Location, Location, Location: Factors to Consider When Choosing Land

Land is one of the best investments that you can make. It’s a finite resource, meaning it’s running out. Considering how many people are buying land right now, it’s not an understatement to say that it’s running out fast. Land retains its value better than any other asset, making it a great way to spend your cash. However, location is everything. You need to find one in a desirable area. This post will explore this topic in more detail, telling you about some of the factors you need to consider when you are choosing land.

1. Thinking About Location

The first thing to think about if you are planning on buying land is location. Where do you want your plot of land to be? It’s possible to find land for sale in Missouri and in every other state in the United States. Finding land is not usually a problem. The problem is finding land you can afford in areas that interest you. Missouri, for example, is a good state to buy land in if you want to live a self-sufficient life or just enjoy nature. Some people also buy land in cities like New York or Los Angeles so they can develop their own houses or complexes. If this is something you want to do, work out a budget before beginning your search. To figure out where to buy land, think about what you want, how much you can afford to spend, and what you need out of your plot.

2. Schooling Districts

The next thing you need to think about is schooling districts, though this only applies to you if you have children. Unless you homeschool yours, you are going to need to find a good school for them to go to. If you are buying land in a remote area, this might be hard for you to do. You need to conduct extensive online research and find out which schools in the area you plan on buying land in are worth sending your kids to. Once you have found these schools, you need to find land that’s in their catchment zone. A catchment zone is a geographic area in which children are eligible for specific schools, i.e., the ones closest to their houses. Before you send your children to a specific school, make sure that you go and visit it yourself. Visiting a school yourself will help you to get a better understanding of why you should send your children there. Additionally, read a school’s reviews or feedback given by parents on their website or social media pages.

3. Local Amenities

Local amenities also deserve your consideration. If you are planning on buying a plot of land to live on, you need to make sure that you have access to grocery stores and other modern conveniences, i.e., cinemas, public parks, and recreation. The same is true if you are buying land to develop. It’s senseless buying a plot that’s not in close proximity to a town or a city if you want to develop and sell it because nobody’s going to want to live in the middle of nowhere. That said, if you want to live sustainably, you don’t need to think about amenities so much. Think about hospitals and police precincts, though. Even people who are living self-sustainably can benefit from living in close proximity to emergency service providers. You never know when you are going to need an ambulance or the help of the police or another law enforcement agency.

4. State Wildlife

State wildlife is something else you need to think about, especially if you are planning on buying land in a remote area. The last thing you want to do is buy land in an area where there are dangerous, predatory animals. You can find out what kind of animals live in the place you are planning on buying land by getting in touch with the state Parks Department. Make sure that if you are going to buy land remotely and there are dangerous animals around such as bears and wolves, that you take your training course on how to handle yourself should you ever encounter one. Also, ensure that you manage your land in such a way that it deters them from coming near you. Make sure that you do not get into the habit of, for example, curing meat outdoors or leaving livestock unprotected. If you are going to buy land in an area with a lot of wildlife, you also need to think about planning permission. Some states will not give you permission to build in certain areas as it could negatively impact the lives of animals that are living there, such as endangered or threatened species.

5. Building Structures

If you are planning on undertaking construction work on the land that you are buying, you need to make sure that it is suitable for it. Some types of land are not good for building on. The best way to find out whether or not the land you are buying is suitable for construction work is to get in touch with a professional contractor and pay them to perform a land survey for you. If you're going to do this, you need to make sure you hire a company with quality reviews and experience. A company’s reviews will give you a clear idea of whether or not they are worth working with. In addition to reading reviews, take a look at their portfolio.

6. Planning Permission

you need to do some research and find out whether or not you're going to be able to obtain planning permission if you're planning on buying land to build on. If you're not able to get planning permission, then there is no point in buying it. If you buy land that you are not able to develop on, it won’t hold its value as well. The only time land that can’t be developed is worth buying is if you are using it for recreational or farming purposes.

Land can be a good investment if you get the right type and in a good place. You can use the guidance given here to determine whether or not the land you are buying is worthwhile. Make sure to give each point consideration and use them to help you get a good deal.