Some Tips For Buying Rural Property

Posted by Gurpreet Ghatehora on Tuesday, May 31st, 2016 at 11:07am.

Edmonton is lucky in many ways, but one of its biggest advantages is the amount of space it has to grow. Citizens in Edmonton and the surrounding area have been gifted with the ability to buy in rural or acreage markets and still be able to drive into the city for work without crazy commute times. It’s a phenomenon that other parts of the country do not get to experience. But buying property in rural areas is much different from buying in the city. If you’re considering moving out into the country, here are some tips to make sure you get what you want, need, and love.

1. Think About the Costs

It’s true: rural living often comes with much lower property taxes, especially if you are living south of the city, but that doesn’t mean all of your expenses are lessened. House insurance rates may be higher than in the city for a few different reasons, including the time it takes emergency services to reach your home.Heating costs can be higher as well. You may want to invest in a fuel-efficient vehicle as well, since you’ll be driving longer and further for almost everything you need. Other factors are sure to pop up as well, especially if the land around your rural paradise starts being bought up by developers, so be sure to consider a higher cost of living in the country.

2. Talk to People

Friends and family who have already made the move out into the country can help you decide on whether it’s right for you, and provide you with plenty of advice along the way. Sit down and talk with anyone who can offer you information on either the area to which you want to move or moving to rural areas in general. They will know things you simply cannot.

3. Get a Feel for Location

When shopping in the city, people often recommend you look at different neighbourhoods to get a feel for what you want. The same applies to living in the country. Be sure to look at several properties all over the area to see what you like, what you don’t, and to maybe even discover something you didn’t know you love. Without shopping around, you’ll have little to go off of when the decision-making time comes.

4. Ask About Maintenance

When you visit a property, be sure to inspect as much of it as you can, and ask about details that city houses may not have, such as drainage, any necessary road-building, fence maintenance, and questions regarding easements.

Finding the right home in the country is much different than in the city. When shopping for a rural home, be sure to consider the right elements. If you approach it the same as buying an urban home, you could run into many difficulties.

Leave a Comment