The idea of owning a Virginia farm is exciting and everyone has their dreams for what they want it to look like. They might have plans for animals, crops, or even just a place where you can go and get away from the hustle and bustle of life. One thing that we all know about farms is that they take work, but there are some things to consider before buying one.
First off, do you live close enough? The whole point of having your own Virginia farm is being able to enjoy it whenever you want to come out here instead of driving hours every time you visit. If this isn’t an option then maybe getting something closer will be more beneficial in the long run because as much as we love our land-based hobby, it can be a hassle to get out there.
Another factor to consider is the price. Buying land and buying everything needed for it can get expensive, but if this is your dream then you need to commit completely. You will be spending more time on the Virginia farm than in the house, anyway, so having it paid off as quickly as possible is ideal.
There’s a lot of land for sale and it can be hard to pick the best one. Buying good land is essential, but if you’re not experienced in farming, you might pick a piece of farmland that is more suited to someone with more experience.
If you don’t know how to tell the difference between good and bad, it’s best to hire an expert or talk to your local Virginia farm equipment dealer for advice on what kind of land will work well. Buying from a dealer will be much cheaper and they can help you get started the right way.
By buying farmland that someone else has cleared already and used you can get the property at a lower price. Buying something that hasn’t been cleared in the past will run more than buying something with trees or other structures removed because the cost of removing them is included in your asking price.
Buying from other farmers directly instead of going through real estate agencies will also reduce what you pay because they need to make their money somewhere else when using agents and dealerships. The less money spent on fees the better off your total outcome will be when all is said and done.
When buying farmland, you need to consider if there are any other buildings that come with it, especially if they’re already out here as this could save some time while building everything else. Also think about who owns the water for irrigation because even though it might be easy enough to run pipes over, who’s going to maintain them?
The benefits of buying your own land are numerous. Buying a place that has potential for growth is ideal because you will be able to see everything come to fruition quickly which makes for a beautiful sight.
And when crops and animals start producing profits that money will most likely stay within the family adding to the overall wealth of the family as opposed to paying someone else to rent every month. Buying property is also a good investment because there’s something more valuable than dollars on it, memories!
After reading this blog post, what do you think? Were there any points that resonated with you and made you feel like farming might be an idea worth exploring?
When you buy a farm, it’s not just the purchase price that needs to be considered. You must think about all of the work that goes into maintaining and managing your new Virginia farm.
There are animals to take care of, crops in need of harvesting, fields with weeds growing out of control – there is no shortage of things for someone who owns a farm to do! So before jumping on board with this idea because it sounds amazing, make sure you know what kind of commitment owning one will require.