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Articles Tagged "agricultural land"

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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.
Buy a Home with Old Dominion Realty

February
23

Daydreaming About Your First Home

Turn Your Homebuying Dreams into a Reality

FIRST-TIME HOMEBUYER DREAMS

There's nothing quite as exciting as dreaming about your first home. As you look at options in your community, it's hard not to want to run out and look at all your favorites. However, as a first-time homebuyer, it's important to take some steps before looking. By having the right information, your daydream can become a reality.

Ask Yourself: Am I Ready to Buy a House?

Before you get started, it's essential to start with the most pertinent question: Are you ready to buy a house? This includes everything from finances to responsibility. Homeownership is rewarding, but it also takes hard work. You don't have a landlord to make repairs to the property. It's all up to you. Plus, buying is a big financial investment. Sit down and list the pros and cons of homeownership. If you feel you're ready, then take the right steps to ensure a successful first-time experience.

Enlist the Help of Professionals

While it is tempting to do everything on your own, it's beneficial to work with professionals.

  • Mortgage Lenders. Gather all your financial information and work with a reputable mortgage lender who will help you determine how much house you can afford. Once you have a pre-approval from a lender, start your home search by working with an experienced real estate agent.
  • REALTORS® understand markets, contracts, pricing and negotiations. There is no fee to work with a buyer's agent—so why wouldn't you? Buying a house is more complex than many assume. Leave the small details to the experts.

Make sure your team is top-notch, but also make sure they are familiar with areas or types of homes you're interested in. Working with knowledgeable, experienced agents and lenders can make all the difference.

Needs Vs. Wants

Buying a house may be your dream come true, but you'll need to get realistic before looking. "Perfect" may not look exactly like you expected, but if you're adaptable, you'll get your dream home.

The first question to ask is what you want and what you need. Start with the ideal (the full dream) and then remove the less necessary items. List things like "large yard, neighborhood with good schools, a large kitchen, a single-story home"—basically anything that you want or need.

Next, work on looking at valuable items. Double-pane windows will look nice and save you money. Hardwood floors will reduce allergens and look good. Determine things you can do as you live there, like landscaping, new countertops or painting. Remember you can change the finishes much easier than changing the space.

Prioritize what is most to least important. Another way to break down your list is by must have, would like to have, and wish you could have. Use checklists you find online to research your wants and needs.

If you go into buying a house knowing you probably won't get everything, you are more likely to end up a happy customer. Compromise on the little things—nothing is perfect. However, if you get many of your top features, you'll come out ahead.

If you're ready to buy a house, our REALTORS® at Old Dominion Realty can guide you through the process. Contact us today to find your dream home.

Contact Old Dominion Realty

April
21

Things to Know Before Buying Farmland

Ever dreamt of buying a farm? Here's a guide of things to consider before buying farmland.

Things to know before buying farmland

So, you've been dreaming of moving to the country. Whether you want to become a professional farmer or have a passion for living in the country and growing your own produce, buying agricultural land can be a complex process.  Here is a guide for things to consider before buying a farm.

1.  Define Your Goals.

You want to become a farmer and buy land in the country.  Each person has their own reasons why they want to own or work on a farm.   Before going down the path of actually buying agricultural real estate, ask yourself these questions to help determine your goals:

  • Do you want to own a farm and make a living as a professional farmer?
  • Do you want to become a "weekend" farmer and grow produce for your family's needs?
  • Are you looking for a real estate investment?

2.  Find the Right Location.

Finding the right piece of real estate goes along with defining your goals.  If you want to buy a working farm, determine where the nearest market for selling your produce is located.  Make sure the neighborhood suits you and the type of farming you want to do. 

If your plan is to live in the country enjoying a quieter, simpler lifestyle, then buying farm property away from a larger community might be for you.

Old Dominion Realty specializes in farm and rural properties in our local marketplace.  We can help you find the right location for you in the Virginia and West Virginia real estate markets.

3.  Find the Right REALTOR®.

Find a real estate agent with experience in helping customers buy and sell farm property.  Our team of REALTORS® in the Virginia and West Virginia real estate markets has the knowledge and experience you need to buy farm and rural properties.  They have expert knowledge about zoning, easements and details like soil type and water rights to help guide your decision.

4.  Understand your financial needs.

You'll need to understand your financial needs and budget to pay for and run your farm.  Cash buyers can compare their available amount of money with the price of the land they wish to buy.  If you need to finance a portion of the purchase price, find a lender experienced in financing farm properties.

5.  Zoning.

Zoning for agricultural property is in place to restrict non-farm uses of land.  The use of land, minimum farm size, and non-farm use buildings on the property can be determined by local zoning laws.  Working with experienced REALTORS® who have a knowledge of selling farm property will help you understand your limitations for use before you buy.

6.  Know what's included with your real estate purchase.

It is important for all parties involved to understand what is included with the purchase before the transaction is completed.  Buying farm equipment, building fences, gates and structures can be expensive.  A detailed list of everything included with the purchase needs to be a part of the contract.

7.  Water.

When searching for the perfect farm, its water supply is an essential resource to consider.  Are there streams, ponds or rivers on the property?  Is there standing water?  Find out more about water quality standards by visiting your state's Department of Health or Department of Natural Resources web site.  Learn how to take a water sample and where to send it for testing.

8.  Soil.

Whether or not land can be farmed is determined primarily by soil type.  Know your soil limitations before buying farm land.  To learn about your potential property's soil limitations, visit the Natural Resources Conservation Service (NRCS) web site and search the farm's site address.  Take a soil sample and send to a nearby soil-testing to test the soil for nutrients and deficiencies.

Contact Old Dominion Realty

Buying a farm can be a complex process. However, if you work with the right real estate team, owning a farm can be a rewarding experience.  Contact our team at Old Dominion Realty today.

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