Are you looking for investment properties? Are you interested in buying land with a great ROI? If so, investing in rural property may be the right move for you.
Once upon a time, buying land in Georgia was as simple as putting down roots in the lush foothills of the Blue Ridge Mountains and waiting for sweet honey bees to arrive with their golden treasure.
Unfortunately, we no longer live in that simpler time; those days are forever gone. The real estate market is more competitive than ever before, which means you need to do your research before making an offer on any piece of land in Georgia.
Even remote areas that appear isolated still have hidden land development plans and zoning ordinances that can impact your investment. If you’re serious about purchasing rural property and making it your home for years to come, let this guide be your expert insight into where and how you should invest your money.
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Why You Should Buy Land in Georgia
The sunny state of Georgia has become a popular destination for retirees and first-time homebuyers because of itslow cost of living, beautiful scenery, and diverse climate.
The state’s economy is highly dependent on its agricultural industry. Georgia is also home to many large cities, including Atlanta, Augusta, and Savannah. Many people choose to buy land in Georgia because it offers low property taxes, great schools, and an abundance of recreational opportunities.
And, did we mention there are plenty of ranches, farms, and acres of land for sale too! From Catoosa County to Pike County, the opportunity for development and growth is endless.
The Pros and Cons of Buying Land in Georgia
Buying land in Georgia comes with many advantages and a few disadvantages.
Pros of Buying Land in Georgia
- The most important benefit is that you can buy land in Georgia for a fraction of the price compared to other states.
- Another positive aspect of owning land in Georgia is the state’s favorable climate. Even though some parts of Georgia are prone to extreme heat, it is still possible to grow various crops in these regions. Therefore, buying land in Georgia is a viable option for first-time and experienced homebuyers.
Cons of Buying Land in Georgia
- The real estate market in Georgia is booming! Since 2021, agents have noted a gradual increase in house prices. In fact, in some counties, house prices have risen by up to 25%.
- The biggest con of buying land in Georgia, USA is the potential for natural disasters. The state is located in the southeastern United States, which is prone to hurricanes, tornadoes, and other severe weather events. Georgia is also home to a number of active volcanoes, which could pose a risk to any structures built on the land.
- Another con is the cost of purchasing land in Georgia. The state is one of the most expensive in the country, with an average price per acre of $4,000 upwards to $8,000. Finally, there is the issue of zoning regulations. Georgia has a number of strict zoning laws that could limit what you are able to do with your land.
Top 5 Reasons to Buy Land in Georgia
Affordability:
From Pickens County to Franklin County, regardless of its location, most plots of land in Georgia are fairly affordable.
It’s a Seller’s market:
Good land and real estate in Georgia are not easy to come by. Because of this scarcity of valuable properties and land, Georgia is considered a seller’s market.
An Investment!
Any land in Georgia is considered an investment regardless of where you purchase your property.
Enjoy a beautiful landscape:
Maybe city living isn’t for you. That’s totally ok! Plenty of ranches and farms are available for buyers looking to experience the countryside.
It’s family-friendly!
Did you know that Georgia has been ranked the 10th best state to raise families? From fishing at the local ponds to heading for walks through the country tracts, there’s soo much to do and see in the scenic state.
What to Look for When Buying Land in Georgia
There are a few things to keep in mind when buying land in Georgia, USA. First and perhaps most importantly, it’s important to consult with a real estate agent or land broker familiar with the area.
They will be able to provide insights into which areas are growing and which might be declining in popularity. It is also important to get a feel for the property itself. Is it buildable? Is it in a good location? Is it affordable?
Once you have found a few potential properties, it is important to do your due diligence. This means researching the property, the surrounding area, and the current market conditions.
You will also want to get a survey of the property to ensure that there are no hidden surprises.
Finally, it is important to consult with an attorney to review any paperwork and to make sure that everything is in order.
Buying land can be a great investment, but it is important to do your homework first. By following these tips, you can be sure that you are making a wise investment.
How to Buy Land in Georgia
Buyers have the option to purchase vacant land from the government. This type of property is ideal for those who want to build their own house without paying upfront construction costs.
Another way to buy land in Georgia is by purchasing an existing home and then subdividing it into smaller lots through a process known as “zoning development.” However, this process is only effective when the property has been zoned for residential use.
Where to Buy Land in Georgia
If you’re looking at land for sale in Georgia but don’t know where to start, don’t worry! We’ve got you covered.
Henry County: Located south of Atlanta, Henry County offers you the opportunity to own acres of rural farmland and woods. Here the price of land ranges from $500,000 for small homes with a few acres to $1.1 million for a few hundred acres.
Floyd County:Located in the northwestern region of the state, Floyd County is home to plenty of creeks, mountains, wildlife, and of course, spectacular views. So, it’s no surprise why that land for sale here can be fairly pricey. Here the cost of land parcels ranges from $100,000 for 20 acres upwards to $2 million for a few hundred acres.
Fulton County: If the farm or ranch life isn’t for you, then maybe life in the city could be? From upscale apartments to top-notch luxury houses, this county offers buyers the opportunity to invest in some of the highest value listings in the state. But be warned, here even a small lot of land can cost anywhere from $250,000 upwards of $1.6 million.
Best Places to Buy an Investment Property in Georgia?
If you want to be the owner of a few acres of land then be sure to check out the listing and realtor information in these counties:
When to Buy Land in Georgia
There is no definitive answer as to when the best time to buy land in Georgia, USA is. However, there are a few things to keep in mind that may help you make your decision.
The first thing to consider is the current market conditions. If prices for land in Georgia are on the rise, it may be a good idea to purchase sooner rather than later. However, if prices are stagnant or falling, you may want to wait until they start to rebound before making your purchase.
Another thing to keep in mind is your own personal financial situation. If you have the cash on hand to make a purchase now, it may be a good idea to do so. However, if you need to finance the purchase, you may want to wait until you have a larger down payment saved up to avoid paying too much in interest.
Ultimately, the best time to buy land in Georgia, USA will depend on a variety of factors. By considering the current market conditions and your own personal financial situation, you can make an informed decision as to when the right time for you to purchase land is.
Best Places to Buy Rural Land?
Are you looking to invest in some rural hunting land? Or perhaps, a getaway ranch or farm? If you’re tired of living in the city, then be sure to check out land for sale in these counties.
How Much Land to Buy in Georgia
How much land you choose to buy will depend on a few factors, including the types of land available in that county and it’s market value. So, before you begin your search, it’s important to understand the average cost of a few acres throughout the state.
Cost of Land in Jones County
Jones County is mostly a woodland area. The cost of 10-acre ranges from $30,000 to $125,000.
Cost of Land in Burke County
There are different types of land for sale in Burke County including ranches, timberland, and residential areas. Here, the average cost of a 10 acre property varies from $80,000 up to $200,000.
Cost of Land in Talbot County
If you want to live by a lake, a creek, or a stream then Talbot County might be the place for you! And, the best part is that it’s relatively affordable. The average cost of a 10 acre property varies from $30,000 to $50,000.
Most Expensive Counties in Georgia?
What You Can Do With Your Land in Georgia
There are a number of things you can do with your land in Georgia, USA. You can use it for agricultural purposes, build a home or business on it, or simply enjoy its natural beauty. Georgia is a great place to live, work, and play, and your land can be a part of that. Whatever you decide to do with it, make sure you consult with a qualified professional to ensure that you are making the best use of your land.
