Rural properties are plentiful in our valley and if you have an interest in buying or selling a rural property, there are some key elements to consider when preparing.
As far as selling a rural property, Home Owners Alliance offered these key questions below to discuss with at least three real estate brokers, prior to making a listing decision:
- “What rural properties have you sold recently and what is the percentage of asking price to selling price?”
- “How many potential “active” buyers do you have on your database?”
- “How would you market my property?”
- If applicable, “Do you have surveying expertise in terms of valuing land?”
The good news is…Amoré Realty takes the guesswork out of determining a price point and goes directly to the appraisers to determine your home’s value. Lynn Kirchner, Founder and Managing Broker for Amoré Realty, is an expert at managing expectations and minimizing frustration when time is of the essence. Lynn will tell you that understanding a client’s goals is pivotal to a successful real estate transaction. She believes the leg work done prior to going live with your listing is the best way to keep expectations realistic and by doing so, honors other real estate professionals and their clients’ time. Leg work up front allows for homes to get under contract faster and stay under contract through closing.
As far as buying a rural property, of course there are a number of components to consider. Here are just a few to think about:
- Fire, Flood, Mudslide, Avalanche Risk
- Water Source/Rights and Septic
- Comparables and their average time on the market
- Utility services, average costs and maintenance providers
Give us a call to discuss options so that you have the information you need to make the best decision for your goals.