3 Top Tips for Buying Horse Property
2/17/2021
3 Top Tips When Buying Horse Property:
This has been my all-time most-saved Instagram post. Follow me on IG @amandachavesrealtor
Tip #1: Find a Realtor, and one who understands the unique needs of horse owners. A Realtor will be able to search for and find properties that you may not be able to find on your own. She or he will also have contacts for other professionals you may need to call, such as contractors, after you buy. A Realtor will know the area, the land, the market, and be able to negotiate on your behalf
Tip #2: Identify your needs. Work with your Realtor to make a list of your priorities for your new horse property. The rule of thumb is to have 1-2.5 acres of land per horse, so calculate how much land you will need. Do you need a place for riding? Whether it is a grassy field or an arena, the space should drain well, be level, and large enough to work in. Will your horse live out 24/7 or do you want a barn, and if so, what type?
Tip #3: Choose the right location. Consider how far the property is not only from shopping, work and school, but also from activities you will want to participate in with your horse, such as show grounds or trails. On the flip side, horse properties that are surrounded by neighbors or in a more urban area present their own challenges. Location is also important to consider if you are planning on running a boarding or lesson/training business, as you will need to have a large enough customer base in the area.
Of course there are so many other factors to consider, such as pasture management, manure removal, farm layout, condition, and the actual home (if there is to be one)! There is probably enough to write a book on the topic one day! But these tips are a great place to start as you think about purchasing a horse property.
Contact me today for a free list of horse properties in Hampton Roads and/or North East North Carolina.
This has been my all-time most-saved Instagram post. Follow me on IG @amandachavesrealtor
Tip #1: Find a Realtor, and one who understands the unique needs of horse owners. A Realtor will be able to search for and find properties that you may not be able to find on your own. She or he will also have contacts for other professionals you may need to call, such as contractors, after you buy. A Realtor will know the area, the land, the market, and be able to negotiate on your behalf
Tip #2: Identify your needs. Work with your Realtor to make a list of your priorities for your new horse property. The rule of thumb is to have 1-2.5 acres of land per horse, so calculate how much land you will need. Do you need a place for riding? Whether it is a grassy field or an arena, the space should drain well, be level, and large enough to work in. Will your horse live out 24/7 or do you want a barn, and if so, what type?
Tip #3: Choose the right location. Consider how far the property is not only from shopping, work and school, but also from activities you will want to participate in with your horse, such as show grounds or trails. On the flip side, horse properties that are surrounded by neighbors or in a more urban area present their own challenges. Location is also important to consider if you are planning on running a boarding or lesson/training business, as you will need to have a large enough customer base in the area.
Of course there are so many other factors to consider, such as pasture management, manure removal, farm layout, condition, and the actual home (if there is to be one)! There is probably enough to write a book on the topic one day! But these tips are a great place to start as you think about purchasing a horse property.
Contact me today for a free list of horse properties in Hampton Roads and/or North East North Carolina.
