Homes on Acreage and Large Lots
NTREIS data last updated September 29, 2023.
Living on an acreage property can have both pros and cons, depending on individual preferences and circumstances. Here are some potential advantages and disadvantages to consider:
- Space and privacy: Living on an acreage property provides more space and privacy than living in a crowded urban or suburban area.
- Nature and wildlife: Acreage properties often offer more opportunities for outdoor activities and a closer connection to nature and wildlife.
- Gardening and farming: If you enjoy gardening or farming, an acreage property provides ample space to cultivate plants or animals.
- Quiet and peaceful environment: Away from the hustle and bustle of the city, an acreage property can provide a quieter and more peaceful living environment.
- Flexibility: With more space, you have more flexibility to build or modify your property to suit your needs.
- Higher costs: Living on an acreage property may come with higher property taxes, maintenance costs, and utility bills than living in a more urban area.
- Distance from amenities: Depending on the location, an acreage property may be farther away from amenities such as grocery stores, hospitals, and schools.
- Increased maintenance: With more land, there is more property to maintain and care for, which can be time-consuming and expensive.
- Limited social opportunities: Living on an acreage property can be isolating, as there may be fewer social opportunities and community events in rural areas.
- Wildlife concerns: Depending on the location, there may be wildlife concerns, such as the risk of wildlife damaging crops or entering homes.
- Ultimately, whether living on an acreage property is right for you will depend on your personal preferences and lifestyle.
Are you considering an acreage home or even a home on a farm or ranch? Do you know what a fair market price is for an acre of ag-land, grazing pasture or farmland? How about what farms and ranches have recently sold for in the area you want land?
Well you need to know this information or you might overpay for your new property. This is why we created our market update, it lists all the active, pending and sold properties. It is free to you and can even be sent to you via email.