Saturday, 21 October 2017

7 Ways to Increase your Rural Property Value

Written by Posted On Wednesday, 11 October 2017 12:49

Rural property can be a great asset and a fantastic investment. However, if you plan to sell at some point, or if you just want to increase the value of your property, there are several steps you can take that are easy and can be affordable.

Boost Curb Appeal

For rural property, this usually means several simple steps that will make your property look better.

  • Clean up junk and garbage if there is any.
  • Clear away overgrown brush. This is a good way to prevent fires as well.
  • Prune trees.
  • Pull or cut down weeds.
  • Clear fallen tree limbs and dead brush.
  • Remove environmental hazards like chemicals.
  • Plug old wells or mine adits that might be hazardous.
  • Fence the perimeter of the property.

While these might take some time for you to do yourself, they can significantly increase the curb appeal of your property, making it more desirable to buyers.

Improve Access

Ideally, your driveway should be paved or asphalt, but if not gravel will do. With rural property, you usually have one of three kinds of access.

  • Public Access: Your driveway connects to a public road maintained by the county or a government entity.
  • Deeded Access: Your driveway connects to a road that crosses another person’s property, but you have established a legal agreement to use that road, and appropriate legal paperwork, usually an easement, has been filed at a courthouse.
  • Un-deeded Access: Your driveway connects to a road that crosses another person’s property, and has always been used to access it, but legal paperwork has never been filed.

You can improve access to your property by improving your driveway, and getting deeded access if you do not have it, as there are many potential legal issues with un-deeded access.

Plant Trees

Planting trees can add many things to your property that make it more valuable and even increase curb appeal. They can be used as a windbreak, to add beauty, and aid with both privacy and security.

If your property has a great view, be sure trees do not block that view now, or they won’t in the future as they grow.

Solve Irrigation Issues

If you have water that runs through your land, it may not run exactly where you want it to. Whether that is to plant a garden, keep trees watered, or even create an open lawn around your home or the area where it will be constructed, improving irrigation can make your property much more desirable.

This also means solving drainage issues. If water sits in puddles on your land when it rains, or runs to areas where you want to build or where it might do damage, you need to reroute that water. Of course, you will need to check all local laws before rerouting established waterways.

Build Structures

Even if there is already a home on your property, building other structures can increase both its appeal and value. There are a variety of outbuildings you can construct that will be both useful and valuable.

One is adding a storage solution, even one that can double as a garage. Some companies like Adaptive Steel Buildings offer affordable solutions in a variety of shapes and sizes. Many are easy enough to set up that you can build them yourself, or hire a contractor to do so inexpensively.

Add Utilities

What utilities run to your property? Do you have septic? How close are electrical lines and what will it cost to get them to your property? What about phone lines if there is limited or no cell service?

While you can run a generator even long term, having utilities in place can increase property values up to 20%. This can be costly though, so be sure it will be worth it in the long run.

Adding internet access is sometimes a big deal to potential buyers, and thanks to satellite providers, you can now get access where there are no phone or cable options in place.

Phone lines can also be a major boost to property value, and the cost of bringing them closer may be something you can split with your neighbors.

Enhance Security

Even in rural areas, sometimes security can be an important concern, especially if the property is not occupied full time.

Fencing, trespassing signs, a gated driveway, and other simple things are usually enough to keep curious people away, but it is still good to have other systems in place.

Locks and sturdy doors and windows are great determinants. If you do have phone or internet at your home, consider an alarm system. Modern ones even allow you to view cameras remotely and check on door and window alarms and locks.

Increasing the value of your rural property makes it easier for you to sell, should you want to do so. By following these easy steps, you will have added that value before you ever put it on the market.

Listing Additional Info

  • State: California
  • Address: Avlon Park
  • City: Avlon
  • Zipcode: 08242
  • SOLD: no
  • MLS #: 4421536987
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