Rural, Farmland & Acreages

Tom is best known for his extensive experience in rural markets, representing both sellers and buyers in a wide range of transactions, from small-to-large acreages, commercial farms, equestrian estates, campgrounds, forestry and agricultural lands including the ALR (Agricultural Land Reserve).

Rural transactions can be unique and complex. Rural real estate parcels are often larger with comprehensive infrastructure that extends beyond the home. This might include multiple dwellings or outbuildings such as workshops, greenhouses, barns, storage facilities, paddocks, etc.  Rural properties commonly rely on well water and septic systems, which can be daunting to unfamiliar buyers due to their cost to maintain, repair, and replace. Thus, a higher level of education in the sale process is often required to mitigate these concerns. The condition and configuration of rural properties can significantly impact their market value, as will the allowed uses (current and future potential).

Consequently, pricing and marketing rural properties can be challenging. Rural buyers place a greater emphasis on the property, which can be equally or more important than the house. The topography, outbuildings, amount of usable land, drainage/permeability, fencing, and functionality are all factors that can impact demand and market value. Rural areas also have lower turnover, and its rare to find two homes alike. Thus, these areas often have limited comparable sales for reference points.

Fortunately, pricing and marketing these listings is Tom’s area of expertise. He knows which features are important to buyers and how to tailor an effective marketing plan. He also knows the most common issues that arise in rural property transactions and how to avoid them. If you are looking to purchase a hobby or commercial farm, Tom can provide you with reliable counsel on the purchasing side to help you aquire your dream property and avoid problems that might not be obvious on the surface.