Everything You Need to Know About Buying Mountain Property
When you're looking to buy mountain property, it is important to know what you're getting into. There are many things to consider, and you want to be sure you're making the best decision. Here's what you need to know.
What do you need to know before you buy a mountain property?
There are some important factors to consider before you look for mountain property with a real estate broker.
- Location. Choose an area that is convenient for you. For example, if you're looking for a place to retire, you'll want to find a property close to amenities like healthcare, shopping, and recreation.
- Size and layout. You'll need to decide how much space you need and what kind of layout you're looking for. Do you want a cabin in the woods or a more expansive property with multiple buildings?
- Accessibility. Consider how you'll get to your mountain property. Is it located on a regularly plowed road in the winter, or is it only accessible by four-wheel drive?
- Cost. Factor in the cost of the property, as well as the costs of utilities, taxes, and insurance.
- Maintenance. Be prepared to maintain your property, including clearing snow, trimming trees, and keeping the buildings in good repair.
Additionally, you'll need to decide if you want to buy a mountain property that is already developed or if you're interested in raw land that you can develop yourself.
What are the benefits of owning a mountain property?
Everyone buys mountain property for their own reasons. Mountain properties offer many benefits, including
- Panoramic views
- Privacy and seclusion
- Sense of community
- Abundant wildlife
- Opportunities for recreation
If you're looking for a place to escape the hustle and bustle of city life, a mountain property might be the perfect place for you.
What factors should you consider when purchasing a mountain property?
There may be some unexpected aspects that you need to consider when purchasing mountain property that is not common in suburban or urban areas, including:
- Easements. An easement is a legally-binding agreement that gives someone else the right to use your property for a specific purpose. A mountain property may have easements for power lines, pipelines, or access roads. Additionally, your neighbor may have an easement that gives them the right to cross your property to access their own land.
- Conservation areas. A mountain property may be located in a conservation easement designed to protect the area's natural beauty. This means that you will have to follow certain guidelines about developing and using the land.
- Seasonal roads. The county or state only maintains many mountain roads during certain months. Heavy snowfall can make it difficult (and expensive) to access your property during the winter months.
- Utilities. Mountain property is often located in remote areas, making it difficult to connect to municipal services like water, sewer, and electricity. The remoteness of your mountain property may add significant costs to the development of your property.
Additionally, cellular service and internet access can be spotty in mountainous areas.
If you're thinking of buying mountain property, doing your research ahead of time will help you find the perfect property. Contact a certified real estate agent to learn more about buying mountain properties.