In this article, we'll cover buying land for an off-grid home. Homesteading or living off-grid has become highly popular in America. Accenture, a well-known consulting company, has estimated that 12% of American households will be living off-grid in the next 15 years.
This rise in interest in living off-grid has come about because of the great benefits that this lifestyle offers. The increasing interest in protecting the environment has also contributed to the rise in homesteading.
In this article, we will discuss things that you must consider before purchasing land for your off-grid home. Let’s get into it.
There are several approaches that you can take when looking for the best deals for off-grid worthy land. Off the bat, there are many online listing platforms that you can search through.
These platforms typically allow you to search for listings based on your needs and budget.
Here are some of the platforms that you can use:
These platforms are great for finding listed properties that you can shortlist. While scanning these platforms can be beneficial, there are other things that you can do to secure great deals. These include:
Bear in mind that you may have to sift through a large number of listings before you find an incredible deal.
Now that you have found a great land that is appropriate for homesteading, it is now time to decide how you will finance the property and make an offer to the seller.
Before you make an offer, it is important that you do due diligence before making an offer to the seller. You need to get a recent survey of the land, do a title search, and check the zoning laws that govern the property. After considering these things, you will have a clear idea of the risk involved.
At the end of this thorough assessment, you will know just how good of a deal the land is. This knowledge will help you to understand the ideal amount that you would like to spend as well as the most that you are willing to offer for the property.
There are a number of financing options available to you when you are seeking to purchase land to go off-grid. Here are a few:
Searching for land to fulfill your homesteading dreams can be a joy, but it can also be tricky. Here are some things to look out for when land shopping:
These among other critical factors must be considered when you are land hunting. Never rush into a purchase. Always consult and do your research.
The most critical factors in shopping for land to use for building your off-grid home are land usage, your family’s needs, and the location that you will be choosing. You need to think of the following while shopping for land:
There are usually a lot of questions about the legality of off-grid living. It is possible to live legally off-grid in America. While this is so, there is still a wide range of local, county, and state laws that you will have to navigate through to enjoy off-grid bliss. Here are some of the laws that you will need to understand before going off-grid:
Also, if you intend to install solar panels by yourself, you will need to be acquainted with the applicable sections of the international building code, international fire code as well as the national electric code. You will also need to know these codes when trying to determine the proper heating device for your property.
To successfully live off-grid without the fear of getting into difficulties with the law, you simply need to know and abide by the laws that regulate what you are trying to do.
There are quite a few costs involved in going off-grid. First, you will need to purchase the land. You may then need to purchase solar panels, wind turbines, batteries, inverters, lumber, tools, and other things that are necessary for successful homesteading.
However, your biggest expense in going off-grid will most likely be property taxes. Property tax is based on:
One of the most effective methods to estimate the taxes and fees that you will need to pay for your land is to look up the tax records available on your county’s website.
Be sure to consider all that we have discussed in this article. We are hopeful that what you have learned in this short blog post will help you to fulfill your dream of homesteading. Ensure that you are patient in your hunt for a great land contract. It is also important that you remember to learn and budget for all the costs involved in the process.