Asheville Real Estate Journal
An eco-minded client once asked me, "Why would I choose to buy acreage?"
Good question! "Land has intrinsic value," I answered. A lengthy discussion of the financial benefits of the environmentally-sensitive land purchase, and the delights of eco-friendly land planning and use followed.
Even though I love the land, my response was not biased. Land is synonymous with natural, social, and economic capital. In terms of the law of supply and demand, think of it, there is only so muchland. Land in our bioregion is appreciating rapidly.
And whether it is a large rural tract, or a single acre or two in town you fancy,prime acreages in the Asheville area, more and more are becoming difficult to locate, especially when land use is a primary consideration.
Let's say you have money ready to invest in land. Before you invest, have you considered what "kind" of land attracts you and how you plan to work with that land? It's always a good idea to evaluate what I call your land use factor.
If you are an eco-minded investor interested in agricultural land, for example, your vision for this land might be to create a working farm, develop co-housing facilities within asustainable eco-village, or to supply organic crops and dairy products.
On the other hand, an Audubon Group could conserve 1,900 of 2,000 acres of rural land to protect a watershed, to create a trail system for hiking and equestrian pursuits, to restrict use on 200 acres of such a parcel for a nature-education center for the public, or a LEED Certified Golf Course, or to designate a 15 acre parcel for a green-built cluster home ecovillage.
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