Choosing the Best Rural Location for You
If you’re looking for some peace and quiet, heading to a rural area could have a positive impact on your mental health. According to a study by the University of British Columbia and McGill University, people who live in rural areas are much happier1 than those living in larger cities. Though moving from the city to a less populated area can be daunting, it can also be one of the best decisions you make in your life.
Known as “the simple life,” rural life is an attractive option for those who are irritated with the high cost of living in metro areas. As a bonus, you have wide-open spaces, less neighbors to keep you up at night and you don’t have to worry about homeowners’ associations.
If you’re beginning your search for a country home, there are some things you’ll want to think about before signing on the dotted line, especially when it comes to the land your property sits on.
[Related: Moving to the Country with Kids? What to Expect]
WHAT TO CONSIDER BEFORE BUYING
Know what’s included in the purchase price
Whether you're looking to buy a large farm or a small home, by now, you likely have a good idea of what type of property you have your eyes on. Because of this, take a good look at what’s included in the buying price. For instance, if you're looking to do livestock farming2, ensure that the feeders, troughs, racks and watering systems are all included in the offer. You don't want any surprise expenses after you've signed the mortgage.
Understand your utility access
When it comes to country living, one challenge is finding out where and how to get basic utilities. Some rural dwellers are lucky enough to get public utilities, while others may have to rely on an easement3 from neighbor. Depending on what you're comfortable with, you should understand your options regarding utility access before you commit to purchasing your new property.
Know how much land you get
Many people move to the country simply because they want more land. If this rings true to you, know how many acres you get and if that land's geographic landscape fits your desired lifestyle. For instance, if you're looking for a rural property to fish and hunt, you'll want to make sure your property encompasses a forest or includes access to a lake or river.
Ensure you have the proper licenses and permit
Speaking of fishing and hunting, if you plan to do so on your property, make sure you have the right licenses or permits4 for doing so. Even if the previous owner has them, it never hurts to double-check. The same goes for raising produce or livestock.
Know what the zoning rules are
Zoning is something relatively new5 for rural landowners to consider. However, it's crucial to understand what the laws are before making a final purchase. To find out more about zoning in the county the property resides in, you can contact the local county's zoning office. They can tell you what the requirements are.
IT CAN BE A LOT TO TAKE IN
There’s a lot to think about when buying rural land, and even though things may seem overwhelming at first, the reward of having a larger space to roam more than makes up for it.
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Sources:
- University of British Columbia: https://www.nber.org/system/files/working_papers/w24592/w24592.pdf
- Farmtek: https://www.farmtek.com/farm/supplies/cat;11051;;ft_livestock_equipment_store.html
- HobbyFarms.com: https://www.hobbyfarms.com/understand-a-propertys-easements-before-you-buy/
- Minnesota DNR: https://www.dnr.state.mn.us/licenses/commercial/index.html
- Land.com: https://www.land.com/buying/10-things-to-know-when-buying-rural-property