Tuesday, May 14, 2013

Questions About Purchasing Property

When purchasing land for recreation or investment, we at BuyWisconsinLand.com recommend you start by answering these questions:

First – what kind of property are you looking for?
An existing home or cabin? A building lot? Small acreage parcel? Large acreage property? Water frontage?

Second – what will be using the property for?
A vacation cabin for weekend getaways? A future retirement home? Your own hunting ground or ATV area? An investment property?

Third – where do you want to be?
Is there a city you would like to be near? Is there an activity you want to be able to do on and around your property? Is there a distance from a city that you don’t want to travel far from?

Fourth – what do you want to spend?
Know your budget - then research property values. This will give you a better picture of what type of property you should look for and what areas to look in.
Too often customers believe that because a property isn’t near a major city land values are very low, or that there is no zoning and they can use the land however they wish. This is rarely the case; even though a parcel may be deep in the countryside, other factors such as water frontage, proximity to public lands or local attractions, or even road frontage, all have an affect on the price. And all Counties have zoning regulations and in some cases Townships have even more laws regarding property use.

Before heading out and looking for any type of property – take time to research the areas you are interested in. Know what you would like to use your property for and set yourself a budget.

Do you have more questions? Drop us a line at property@buywisconsinland.com and one of our Associates will get you the information you need to make an informed purchase. And check out our listings of wooded properties at BuyWisconsinLand.com We also have County Government and Tourism Links, ATV Trail Information, Hunting and Fishing Season Dates as well as Land Purchase Information.

(questions reposted from Wisconsin Fun Facts blog June 24, 2009)

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