Moving from the big city out into sweet smelling fresh air of the country, can be a very rewarding decision. Like most people looking to get away from the stress and busyiness of their lives, they are looking to start a new path, a new adventure - they are looking for their very own hobby farm.... but the grass is not always greener on the other side. Owning any kind of acreage comes with it's own set of stress and problems. If you are thinking of making that big decision and buying a hobby farm, there are some key factors that will help you determine which one to purchase....
If we know anything, it is that we cannot escape the government. This is still true, even if you move out into the country, their rules may affect how you can operate your property. It is important to know if the property you are interested in is in the Agricultural Land Reserve (Provincial) as there may be more rules you would have to abide by if it falls under this classification. Are you hoping to lower your taxes by applying for "farm status" (Provincial BC Assessment), the amount of income your property is required to earn is based on the size of the property. If you property is under 1.86 acres you will have to earn $10,000 in farm income this is compared to if your propriety is over 1.86 acres you will only need to generate $2,500 in farm income. A buyer will also want to check the zoning bylaws (local Municipal) to deterimine if your ideal hobby farm is allowed under its regulations.
It's not just dirt - It's Soil
If you are thinking of wanting to grow any kind of produce, whether it be vegetables, fruit or any crop, it is important to know the land and ground that they will grow in. Some garden or farm supply stores can preform a soil test for you, which is much cheaper than having an engineer do soil testing. A soil testing goes far beyond knowing if your soil is clay, sandy or normal, it determines nutrient and contaminated content, composition, and other characteristics such as the ph levels or acidity of the soil. Previous land use, contaminations and other factors may affect your ability to grow the produce you desire.
Vital component to Success - Water
Nothing tastes as sweet and quenching as a tall glass of well water. Water is by far one of the most important and vital elements of life, and one that is often taken for granted in the city. Sure you have to worry about what days you get to water your lawn for and for how long, but you never have to worry about not having enough water to use for your basic living needs. This is not the case when it comes to country living. Having a good reliable well is worth every penny and installing one onto your property can be a very pretty penny. Any buyer would be wise to have a qualitative and qualitative testing done on the well to find out the potabiltiy of the water with the draw down and recovery rate of the system. This will help determined the pumping rate, usually in gallons per minute, as well as the depth of the well. Next it is important to note any other sources of water on the property which might be used for irrigation possibilities or ask if the current owners have any water rights to natural water sources likes streams, lakes and reservoirs.
The pipes - Septic Systems
One of the most common misunderstandings that new buyers have in regards to buying acreages and hobby farms is that the city takes care of your waste. It will be very rare if you come across a rural property without a septic system. These are very reliable systems if property installed, maintained and pumped (every 3-5 years), but if you have to install a new one, you could be looking at $15,000-$20,000. It is wise to have a septic inspection prior to purchasing a home. You will want to know the material used for the septic tank and don't forget to check the tank and drain field to confirm that it was properly installed with the property permits. Did you know that it is better to have the tank full than just pumped when doing a septic inspection?
Did someone say Chattels
In most urban residential sales, sellers and buyers agree to minimal chattels. Often the major appliances and sometimes lawnmowers and sheds will be included into the contract, but with larger properties, there are a few key items to remember. If you are to be continuing the agricultural business, it would be important to include farm equipment which might be needed, whether it is ride on gators, lawn mowers, haying equipment, rotter tillers, buckets, rakes etc.... It is important to note that anything not permanently attached and anchored into the foundation could be considered a chattel. This could include lean tos, chicken coops, sheds and make shift storage or barn areas. But don't forget to include the animals, after all that's where we get the name chattels!
I Will Find The Right Homes For You
Once you've been pre-qualified and know what price range you want to stay in, I can help you determine which properties fit your needs by using the (MLS) Multiple Listing Service system to locate them.
I have the best possible resources and communication systems available today to help you locate the homes on the market that match your specifications. You can even search my listings here at my website.
I Will Help You Every Step Of The Way
I will help you complete your financing and inspections, and close on the transaction. My top priority is to make sure that your home buying experience is pleasant, cost-efficient, and successful.