Recreational Land and Country Estates
Recreational land, a relatively new term for the individual or
partnership to invest in land for both recreational and investment
purposes. Typically the driving force behind investing in recreation
land is having a property within a decent commuting time of home to
escape on the weekend and hunt, ride recreational vehicles or have a
place in the country to enjoy with the family and children.
Recreational land properties can vary in size from as little as 10
acres to several thousand acres. These properties also serve as
alternative investments in conjunction with stock market and bank
investment. Some recreational land investments have features such as
growing timber, farming, mitigation banks, or mining to bring periodic
income and support larger investments in this type land. Also, some of
this recreational land is located in areas where land is anticipated to
transition in use over time thus banking on the fact that the land use
will change over time creating a higher value use.
Recreational land occasionally becomes one’s homestead after retirement
thereby becoming what we consider country estate. Country estates may
also vary in size tremendously. These properties are either
intentionally or eventually become the primary residence for those
wishing to escape to a calmer way of life away from the cities and
towns. In some ways these properties mimic the plantation life of years
gone by with a primary home or residence, a guest residence and other
building situated nearby used to support the use of the property or
keeping pets and some for storage. Country estates are typically
characterized by being located within half an hour or less from a
supporting city or town where one travels to find most of their
physical needs including health and other desired support. Country
estates will gain popularity with those whose life is connected to
large animals such as horses, cattle, exotic pets (emu or ostrich), or
even a number of dogs since not all animals are welcome in the city way
of life. Larger country estates due to their management and operation
requirement sometimes require additional help and this sometimes leads
to owner’s family moving onto the estate and at least one member
working there. We may well see more country estates in the future as
job markets tighten and more people work from home.
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