Pros and Cons of Buying Rural Northern AZ Land FAQ's -- Why Buy?

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Real Estate Agent with Dirt Road Real Estate

Pros and Cons of Buying Rural Northern AZ Land FAQ's -- Why Buy?

The Pros to Buying Rural Land

Affordability - Parcels of land in many rural areas of Arizona are still affordable! Land prices fell with the market in 2008 but have been slowly rising. In many cases you can find land with part of the work done! The well or septic system or driveway or pad are already there.

Savings on Vacations and Family Trips - Instead of spending money for vacations every year, find an area you love and create an affordable vacation retreat or hunting camp, with or without RV hookups, a septic, a small solar system and a well. Your family can come back year after year.

Improve as You Can - Slowly improve the property by cutting in a drive, clearing a building site, putting in a septic system, drilling a well and then building or bringing in a structure. Eventually you can live on the land full time. You could homestead for real, building a sustainable lifestyle or retire.

Large Lots Furnish Peace & Privacy - In rural areas, parcels of 20 acres and more will give you the peace and privacy you crave. Privacy is even more in Arizona's checkboarded rural land. The shaded sections are State Trust Land, and they are all over Northern Arizona's rural areas.

Natural Beauty & Wildlife - Part of the year or full time, you will be surrounded by natural beauty and experience the seasons first hand.

Investment in Family's Future - Buying rural land is an investment for your family's future; your property can become an asset for your children and grandchildren and a natural spot for family get-togethers.

 

The Cons to Buying Rural Land

No Guarantees - There are no guarantees that real estate prices will not decrease at a later date.

Not a Quick Cash Out - Land, unlike a CD or savings account, normally takes some time to sell.

Buying a Problem - The main problems people run into stem from not knowing enough about the land when they buy.  Buyers can end up with parcels with liens (charges against the property), land with no water available, rules about not splitting the property or forbidding the use they planned for. A real estate agent who specializes in land will not let you make those mistakes.

So...let us help you find your perfect rural set-up, and remember, "Life Begins Where The Pavement Ends".

Cheers,

Elise Harron  

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Rainmaker
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Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Good points Judith Ritter and thanks for your knowledge. Water and power is certainly an issue and is a huge determinant on the price of the land, followed by access and roads...Jeff 

Nov 01, 2019 11:28 AM #1
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Rainmaker
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Judith Ritter

Rural Land & Homes Specialist
Northern Arizona Rural Land or Home Question. Ask Me....
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