10 Things You Should Know before Buying Farm Land

Southern Oregon has so much to offer to those that want to buy farm land. When buying farm land, you’ll have to consider several factors to make your purchase the right investment for you. Getting these things wrong can be disappointing and costly. Having left the farming industry for real estate, I know how to help you spot properties that will yield excellent farming conditions and avoid common pitfalls. Here are a few things to consider: 

1. Determine your needs and goals: Before buying farm land, it is important to determine your specific needs and goals for the property. Consider factors such as the size of the property, the type of farming you plan to do, and any other features that are important to you.

2. Research zoning laws and regulations: Make sure you understand the zoning laws and regulations in the area where you plan to buy farm land. Some areas may have restrictions on the types of farming activities that are allowed, and there may be limitations on building structures or making modifications to the land.

3. Consider soil quality: The quality of the soil is a crucial factor in determining the productivity of a farm. Conduct a soil test to determine the fertility and nutrient content of the soil, and consider factors such as drainage and topography.

4. Evaluate the water source: Access to a reliable and adequate water source is essential for any farm. Consider the availability of groundwater, surface water, or other sources of irrigation.

5. Assess the property's history: Find out as much as you can about the property's history, including previous uses, ownership, and any environmental issues that may have affected the land.

6. Check for easements and rights of way: Easements and rights of way can affect your ability to use and develop the land. Check for any existing easements or rights of way that may impact the property.

7. Evaluate the infrastructure: Consider the existing infrastructure on the property, such as buildings, fencing, and roads. Determine the condition and usability of these structures, and factor in any repairs or upgrades that may be necessary.

8. Look at the surrounding area: Evaluate the surrounding area and the potential impact on your farm. Consider factors such as neighboring properties, access to markets, and proximity to transportation and other amenities.

9. Determine the cost: Consider the cost of purchasing the land, as well as any ongoing costs such as property taxes, utilities, and maintenance.

And most importantly:

10. Seek professional advice: Before purchasing farm land, seek the advice of a professional real estate agent that knows something about farming. Your investment should be protected by the knowledge and commitment of a real estate agent who farms!

I’d love to offer my guidance in both farming and real estate to help ensure that you make an informed decision and find a farm that meets all of your needs.

Let’s talk farming.

Live it. Land it. Dream it.

Call or text me 707-888-7894 or email me at christophersummers@windermere.com

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