If you are really into the outdoors and you have always loved the idea of owning some property, you may want to talk to your realtor about buying some recreational land for sale. While recreational land used to be something that everyone and their neighbors seemed to own, it has become exceedingly rare because there's not much of it available.
1. It's an Affordable Option
Typically, recreational land can be bought at a much more affordable price. Not only do you not have to pay for a house or utilities, but you can find recreational land in rural areas where the asking price is really low.
And, if you have cash on hand, then it's really something that you can buy outright and not have to take a loan out for. If you do have to take a loan out, you can work with your lender to try to get a really low payment since it does tend to be a more affordable option.
2. You Can Embrace the Outdoors
If you like to use an ATV, go hunting, go fishing, go hiking, or just be in nature, then buying some recreational land may be just the ticket for you and your family. Imagine all of your summers spent with your kids and grandkids riding ATVs around your property and really embracing everything that nature has to offer.
3. It's an Investment
If you think about it, most land only appreciates over time—especially if you purchase it in a great hunting/fishing area. While you may purchase your recreational land for super cheap, it may be worth a ton more in 10, 20, or even 50 years; something that you can pass on for generations to come.
4. You Can Rent It
Another thing you can potentially do with recreational land (if the county permits it), is rent it out to campers or other outdoors enthusiasts. As long as you have a road, access to some sort of water (even a river), you may be able to get a ton of outdoorsy people excited about staying on your property and you can make hundreds of dollars a month.
5. Taxes May Be Low
Having to pay property taxes in a zip code with high taxes can feel like a stab to the gut. However, when you buy recreational land in a rural area, you can typically rest easy knowing that taxes are low. Plus, if you donate to certain outdoor foundations, you can write them off on your taxes as well.
If you find a piece of recreational land for sale that you are interested in, work with your real estate agent to ensure that you get the best deal possible; that way you get exactly what you want and when you want it.