Allison Campbell, Realtor
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The Ultimate Buyer's Guide for Purchasing Land & Farms
Feb 9
2 min read
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Thinking about buying farmland? Whether you're a first-time buyer or looking to expand your agricultural operations, purchasing land is a major decision that requires thoughtful consideration. With the right knowledge, you can make an informed choice and invest in property that will serve your goals for years to come. In this post, we will explore key factors to keep in mind before sealing the deal on your farmland.
Location and Site Characteristics
The right location can make or break your farming success. Here's what to assess:
Size & Shape: Choose a parcel that suits your farming needs and allows for efficient land use.
Climate & Weather: Research plant hardiness zones, seasonal patterns, and microclimates.
Access & Infrastructure: Evaluate road access, proximity to markets, and the availability of agricultural services
Zoning and Land Use: Ensure local zoning regulations allow for agricultural operations
Natural Resources
Strong natural resources are the foundation of productive farmland. Consider the following:
Soil Quality: Get a soil test to assess the fertility, drainage, and pH levels.
Water Resources: Identify reliable water sources such as wells, ponds, and irrigation systems.
Topography: Look at slopes, elevation, and drainage patterns that may affect usability.
Environmental Considerations: Check for wetlands, protected habitats, or mineral resources that could impact land use.
Existing Infrastructure & Improvements
Having the right structures in place can save you time and money. Take note of:
Barns, Equipment Sheds, & Storage: Are they in good condition and usable for your needs?
Housing and Labor Accommodations: If needed, check for farm housing or existing tenant agreements.
Processing & Retail Facilities: Consider if the land includes infrastructure for processing or selling goods.
Utilities: Ensure access to electricity, internet, and reliable cell service.
Roads & Fencing: Evaluate road conditions and fencing for security and efficiency.
Land Use and Management History
A property's past can shape its future productivity. Investigate:
Current Land Cover: Identify existing cropland, pasture, timberland, or other land use.
Past Use: Research historical land management practices to understand soil conditions and fertility.
Conservation Practices: Look into conservation easements or past land restoration efforts.
Property Rights & Legal Considerations
Avoid legal surprised by checking:
Easements and Restrictions: Find out if there are conservation easements, utility rights-of-way, or deed restrictions.
Water, Timber, and Mineral Rights: Clarify ownership and usage rights to natural resources.
Compliance Laws: Understand local, state, and federal regulations, including zoning and health codes.
Financial Considerations and Carrying Costs
Beyond the purchase price, owning land comes with ongoing costs. Plan for:
Property Taxes: Research tax obligations and any available exemptions
Water Costs: Factor in irrigation expenses and well maintenance.
Infrastructure Maintenance: Budget for road repairs, fencing, and conservation measures.
Special Assessments: Check for any extra fees related to local improvements or conservation efforts.
Final Thoughts
Buying farmland is a major investment, but with thorough research and planning, you can secure the perfect property for your agricultural ambitions. Consulting with agricultural extension offices, real estate professionals, and local experts will help ensure you make the right choice.
If you're ready to explore farmland options, I'd love to help you find the ideal property. Reach out today, and let's turn your farming dream into a reality!
