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August
15

What to Know When Buying Farmland

Farmland Tips

If you've dreamed of growing your own food or raising livestock, purchasing farmland can help you turn your dream into a reality. Our real estate agents know that purchasing farmland is a little different than purchasing a more conventional piece of property. Here's what you need to keep in mind when buying farmland. 

Plant Types

  • You Should Determine What You're Hoping to Accomplish by Purchasing Farmland
    Before you can start searching for farmland, you should have some idea of what you want to do with the land. Having a plan for your farmland will help you find properties that are suited to your needs. If you just want the ability to own animals that aren't allowed within the city limits (like chickens and a few goats), your land needs are different than those of someone who wants to grow and raise most of their own foods. 
  • There May Be Regulations That Impact Your Ability to Use the Land
    Even though farmland is usually subject to fewer laws and regulations than other types of land, there may still be restrictions that dictate how you can use the land. For example, you may only be allowed to use a certain amount of water. This will affect the types and quantity of any crops that you grow. Zoning laws can also impact your ability to use the farmland. If the land parcel is on a conservation easement, any activities on the land will need to follow the easement's guidelines. 

Soil Type

  • The Soil May Not Fit Your Plans
    Before you decide to purchase one of the Augusta County homes for sale, make sure that you obtain information about the soil's history, including details about what crops have been successfully grown on the land in the past. This will help you decide if it's a good fit for the crops that you want to grow or if it's best to continue searching for a different property. While some soil problems can be fixed, this process is usually expensive and time-consuming. 

Building Types

  • Some Buildings May Not Be Usable
    It's common for a farm to have multiple buildings and structures, including barns, garages, tool sheds, and spaces for storing crops. However, there may be some buildings on the property that aren't usable. If a property has unusable buildings, you need to review the financial implications of restoring the space's functionality. Some buildings may need extensive repairs; you may be better off tearing these structures down. Even if you decide to tear down a building, this project will add multiple expenses to your budget. Should the property have buildings that require extensive repairs or demolition, make sure to factor in these costs when making an offer on the farmland.

 Location

  • The Farmland's Location Can Impact Your Plans for the Land
    Where the farmland is located should be considered when deciding if it's right for your needs. Maybe you envision setting up a booth at the local farmers market to sell your crops, eggs, or other goods. If the local farmers market is a lengthy distance from your farm, this will affect your ability to earn an income from your farmland. Or, if the farmland is so remote that you'll have trouble finding buyers or will spend a lot of time and gas driving to potential buyers, you may want to consider other options that are more centrally located. You should also think about how the land is situated from major roadways and bodies of water. For example, if your farmland is low-lying and near a river, it may be at risk of flooding and destroying your crops or livestock. Farmland that's close to busy roads may experience pollution from vehicle exhaust; it's also more likely to face theft or vandalism. 

Purchasing farmland has unique considerations that you should explore to help you confirm that a property is a good fit for your needs. Ready to start looking for your next property? Contact us today to get started!

January
13

How Farms Grow a Community

Home is where the heart is — and it's the compassion, honesty, and integrity that's inside our hearts that truly brings us together as a united community. Our REALTORS® at Old Dominion Realty believe that home is more than a place where we live. It's a place where our food, our children and our community grows. It's a space where we come together to support each other and pass along our values. Home is where we give back to our community and our local farmlands are vital resources that foster the growth of each and every one of us.

Farming is the largest private industry in the state. There are over 45,000 farms within state lines that give back to our communities and our planet. Farming is also a personally rewarding experience, as many of the Virginia farms currently operating are small, manageable spaces that farmers tend to for enjoyment rather than generating their primary income.

There are numerous ways that farming helps our community grow in every sense of the word. Large and small farms alike make substantial positive impacts in our daily lives, often affecting us in ways we're unaware of.

  • Farms create jobs for our community.
    Whether it's tending to the soil, harvesting the crop or selling the goods at the market, every farm creates occupational opportunities for the men and women of our community.

  • Farms also stimulate our economy.
    Just as they provide jobs, local farmers also stimulate our local economy by encouraging us to keep our income flowing within our region. Proceeds from every local purchase are more likely to be reinvested into the community compared to money spent at corporations or chains.

  • Farmers educate us about food culture and agriculture.
    Knowing where our food comes from is the first step to understanding the importance of sustainable, local food systems. By educating us on how and why certain foods are grown, we gain the knowledge needed to make everyday decisions that positively impact our environment.

  • Local farms reduce carbon emissions.
    Urban agriculture keeps our cycle of food within the community. Instead of selecting mass-produced foods that often result in increased industrial pollution, choosing to do business with local farms cuts down on fossil fuel usage.

  • Local foods nourish our community.
    Across the country, many adults and children do not get the nutrition they need from quality foods. Locally grown foods preserve biodiversity and food security which enables the community to get the nutrition their bodies desperately need.

We invite you to visit one of these area farms to show your appreciation, gratitude and learn more about how these farms are helping our community grow year after year.

  • Back Home on the Farm Adventures — 2915 Willow Run Rd., Harrisonburg, VA 22802
    A fun-filled farm hosting family-friendly events throughout the year.

  • Harrisonburg Farmer's Market — 228 S. Liberty St., Harrisonburg, VA 22801
    Stop by the Turner Pavilion and meet many of our local producers who bring fresh food to the market each week.

  • White Oak Lavender Farm — 2644 Cross Keys Rd., Harrisonburg, VA 22801
    A farm specializing in lavender plants and products, you can pick your own plants or choose from their wide variety of lavender goods.

For help finding a home in one of the Virginia or West Virginia communities we represent, contact us today.
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