If you’re considering homesteading and being self-reliant there are a few things to consider when purchasing the land. Trust us…we’ve been there and done that.
For 13 years we lived in a small, 800 square foot cabin, made by Johnny, his dad and brother. It was rustic and heated only by our small wood stove or cooled in the summer with window units. Electricity had only been turned on the day before we moved in, which just happened to be July 4th weekend. We had no insulation, no running water, and no indoor plumbing. We had 2 small children and lots of dreams and ideas. We lived about 100 yards from Johnny’s parents so we were fortunate to be able to use their facilities until we had own installed.
It was an awesome place to raise our children (who were then 4 and almost 2). We were in the middle of 30 acres with a spring fed creek that ran into a small tank. We were able to hunt, grow a garden, and eventually raised chickens as well. Our children learned so much from that experience and so did we.
Here are a few tips when you’re considering homesteading and purchasing land (check out the FREE Land Buying Guide for further details and information):
- Always check for deed restrictions or city restrictions (if you find land within the city limits). If you want chickens or rabbits, there may be restrictions against these types of things. Some areas won’t even allow a clothesline. So, always read the fine print.
- Check to see if the land is in a flood plain. It’ll be an additional expense to purchase flood insurance.
- Depending on what you want to do on this land (farm, raise cattle, etc.), consider the terrain and soil. If you love the land but it is nothing but rock, it could be difficult to get a garden or orchard going unless you spend quite a bit of time amending the soil…or consider having raised beds.
- Be creative. Homesteading requires a lot of creativity. Does the property have a barn but no other structure? If the barn is livable, you may consider living in that until you can build your own home.
- If you purchase raw land, you’ll need to go through either a local bank or a farm/agriculture bank. And, they require 20% down.
- Look for land that has water and/or a septic. The cost putting these in can be quite high.
- Does the property have a dedicated easement or does it have road frontage?
These are just a few things to consider. Download our FREE CHECKLIST for buying land.