Buy the Farm or Build a Farm: choosing your Madison GA farm

By
Real Estate Agent with Coldwell Banker Lake Country 284620

Are you ready for rural life?

 

HGTV recently debuted a new series called Farmhouse Life, and in the very first episode we watched a family exchange suburban Atlanta living for a bucolic farm in Madison Georgia – offering their daughters an opportunity to live with their horses.

Madison Georgia farm 

 

I’ve been helping families choose farms in Madison Georgia and surrounding area for a decade now, and one thing I’ve learned is that families choosing rural life have one big decision to make:

 

Is it better to Buy a farm or Build a farm?

 

When you build a farm, you may start out with bare land, or with a home on some acreage but not much else. Building a farm begins with a lower initial purchase price, and then you add the improvements you want: home, outbuildings, fencing, perhaps a pool, raised beds, fruit or flowering trees. Each addition comes with a price measured in both time and money. But you get the satisfaction of creating the farm of your dreams.

 

When you buy a farm, the upfront cost will be higher, because you’ll be buying both land and improvements. One of the downfalls of buying a farm is that the improvements reflect the vision of the current owner – given a blank slate you may have made other choices. But the advantage of buying a developed farm means you can begin enjoying your farm on day one and you can finance the improvements at today’s low mortgage rates.

 

Real estate trends can be cyclical – back in the boom days, more buyers were choosing to purchase raw land and build their home from scratch. During the downturn, most buyers delayed their move to rural living – and those that bought farms often bought distressed places at very low prices. Today’s buyers seem to have a preference for updated homes with most improvements already in place.

 

This picture perfect farm is a great illustration of the trend: the owners purchased the property in 2008 in run-down condition – it offered beautiful land, a fixer-upper home, and no fencing or outbuildings. Madison Georgia farm for sale

When they put it on the market this year – what a transformation! Their reward was a quick sale at close to full asking price.

 

Here’s another wonderful Madison Georgia farm for sale – just listed, and located in the desirable Fairplay district. These owners also purchased great land with a rundown home and no improvements – it’s hard to imagine the time and money it took to create this masterpiece!

Madison Georgia farm viewMadison Georgia farm pond

Custom ranch home with soaring ceilings and a wall of storefront windows that bring the beautiful spring-fed pond oh so close! Classic 48x60 barn with a loft and RV shed. An incredible variety of fruit trees and vines, plus nearly 800sf of raised beds. All fenced and cross-fenced with a mix of board and wire fencing.

 

If you’re thinking that the rural lifestyle may be good for you – let’s talk. As HGTV showcased in the debut episode of Farmhouse Life, Madison Georgia and the surrounding area offers an unparalleled quality of life, within easy reach of metro Atlanta. I’ll help you figure out whether you want to Build a farm or Buy a farm.

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facebook horse-and-home-georgia  Jeanne Dufort on Zillow

 Are you thinking dreaming about a place that will nuture your soul, bring your family together, or give you a chance to give back?  Whatever your dream, I'm committed to helping you explore how Georgia's Lake Country fits in. Located midway between Atlanta and Augusta, the lake country offers two recreational lakes, plus wonderful historic small towns with a commitment to sustainable agriculture. Lets talk.

Jeanne Dufort

2010 Realtor of  the Year

Lake Country Board of Realtors

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Comments (4)

Sonja Patterson
Keller Williams - BV - College Station, TX
Texas Monthly 5-Star Realtor Recipient for the Hou

How beautiful the "picture-perfect farm" in the above picture looks!  My daughter would love to paint that scene!

Sep 20, 2015 01:42 PM
Jeanne Dufort
Coldwell Banker Lake Country - Madison, GA
Madison and Lake Oconee GA

Sonja Patterson thanks - my photographer is remarkable!

Sep 20, 2015 09:40 PM
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Jeanne, that photo of the house reflected in the lake makes me want to become a farmer!  Never mind that I can't keep my postage stamp city lot mowed and groomed!  

Oct 08, 2015 08:05 AM
Jeanne Dufort
Coldwell Banker Lake Country - Madison, GA
Madison and Lake Oconee GA

Patricia Kennedy - we had a magical day for that photoshoot, for sure!  There's a time for city living, and a time for country living. I've done both, and for sure my city lot was easier to maintain!

Oct 08, 2015 08:43 AM