Essential Tips for Buying Farmland
Virginia's countryside is the perfect place to start your own farm! Follow this quick and easy guide to find the perfect piece of land.
Finding Land the Quick and Easy Way
You've been dreaming of this moment for years, but now you're finally on your way to starting your own farm. You have your heart set on acres of Virginia's rolling green hills, and you can easily picture the red barn, the stacks of hay, and the livestock grazing all around your property. We want to help you achieve your goals just as much as you do, which is why we've outlined the simplest ways to find and buy the right property.
First, Do Your Homework
Like with any real estate purchase, you should carefully research market conditions and outline your expectations before you search for land. Pinpoint the exact features you will need when looking for farmland and estimate your budget based on expected expenses and income. We are more than happy to help you figure out what you will need in a property. Give us a call at 703.966.9480.
Set a realistic budget. How much money do you expect to make, and how much money do you expect to spend?
Meet with a banker. If you need financing, it's crucial to talk with a lender who's familiar with the nuances of agricultural properties.
Outline your property needs. Consider soil types, tillable acres vs. total acres, and nearby farmers' markets and feed suppliers.
Next, Start Searching for Farmland
Once you've figured out what you are looking for in a property, it's time to start your search! Our easy-to-use search tool can help you find exactly what you are looking for. We can even alert you about new listings; just create a Property Organizer and save your search criteria.
What to Consider in a Property
Once you've picked out a few listings you want to see, consider these questions to help you evaluate the property. Make sure you take detailed notes and pictures to help you compare properties later.
- What is the soil type? What are the results of recent soil tests?
- How is the drainage on the farm?
- How much land will I be acquiring?
- Does the land convey gas, mineral, and water rights?
- How is the land zoned?
- Are there any easements I should be aware of?
Work with an Experienced Real Estate Agent
We specialize in Virginia real estate from land to hobby farms, so we understand the nuances of purchasing agricultural properties. We can help you find the land that suits your needs. Let's talk about your plans! Call us at 703.966.9480.
© 2020 Bright MLS. The information provided is for consumers, personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.