Don’t write it off if you feel like you might not want to walk around in overalls, buying cows and chickens. Trust us, there’s a lot of value in purchasing farmland. Not only is a fairly secure investment as inflation grows, but it can provide a valuable space for your family to grow and learn together. And if you are able to purchase more land then you need for you and your family, you can rent it out to another farmer for some passive income.
As real estate agents we do our best to make the home buying process less complicated so that you can choose the space that you can thrive. If you’d like to look at other style houses that are for sale check out our house search.
What is a Farm
There are multiple definitions for what a farm is. The Oxford Dictionary defines it as “an area of land and its buildings used for growing crops and rearing animals, typically under the control of one owner or manager.” The USDA defines a farm as “any place that produced and sold—or normally would have produced and sold—at least $1,000 of agricultural products during a given year.” But most would agree that farmland is one or more acres that can grow food or raise animals, usually for profit.
But beyond that a farm can range from 1 acre to 10,000 acres. It can include a small rancher with an extra large garden, some chickens and maybe a cow or two. Or it could be an expansive operation with multiple barns, large tractors, and dozens of employees.
The History of Farms
Farmland has been around for centuries. Specifically in the USA, farms were what nearly all of the colonist first lived on when they moved to the new land in search of new opportunities. And farmland continues to cover the majority of the USA. Our society relies on the food grown on farmland, and has through all of our history.
Today though there are more and more families looking to buy a couple of acres in order to raise their own beef, or grow the vegetables their family needs. You don’t need a lot of land to be able to help grow and produce your own food at home together as a family.
Price-Point and Availability
To find the current price-point and availability search by house type here.
In conclusion, Farmland isn’t the choice for everyone. But if you enjoy spending time outdoors, or you’re looking to grow your own food, or if you’re just looking to buy good land to invest in, farmland might be the right choice for you. If you’re looking to buy farmland or other property, we’d love to work with you! With years of experience, we’ve worked to refine the home buying process for you. Contact us for more information.
Sources: USDA