Tennessee, Arkansas, and West Virginia are three of the most affordable states for purchasing land. New Mexico and Arizona are popular retirement destinations. If you plan to buy land, make sure it is near water and utilities. Also, the Best Places to buy land in the US guide will be given here for further help.
The beauty of purchasing vacant land is that it serves as a blank canvas for whatever you want to do with it. Vacant land is undeveloped land with great potential, and whether you want to live in the mountains, on the beach, or somewhere in between, you can find affordable land all over the country if you know where to look.
When looking for land, it's critical to understand what makes one piece of land less expensive or more expensive than another. Naturally, land with obvious revenue-generating potentials, such as farming or logging, will be more expensive than land without. Land with an existing structure will also be more expensive than raw land, which benefits investors looking solely for vacant land. Over here, gather relevant information related to Best Places to buy land in the US.
When purchasing land, the price will be calculated on a cost-per-acre basis. Here are the top places to buy cheap land across the country, depending on where you want to buy, how much land you want, and what you plan to do with the land:
- Cheapest hunting land
If you enjoy the solitude and quiet of an early morning hunt and would like to own your own hunting land, begin your search in the southwest region of the country, specifically Oklahoma and Texas. Because there is little competition among buyers of recreational land and farmland, the land is inexpensive here. In fact, for grabbing the Best Places to buy land in the US, hunting land in some of West Texas's more remote counties, such as Terrell and Val Verde, and you can get it only for less than $500 per acre.
- Land near the water is the most affordable.
If being near water is important to you, land in Oregon or Washington is surprisingly inexpensive and close to some of the country's most beautiful bodies of water. Purchasing land in Oregon's North Bend region combines the beauty of the Adventure Coast with the modern amenities of a bustling city, whereas vacant land in the Ocean Shores area. Moreover, it is just three hours from Seattle as well as is offering stunning ocean views. Along with this, there will be prime real estate opportunities. You can get the Best Places to buy land in the US, If you prefer to be warm while living near the water, Boynton Beach in Florida and Myrtle Beach in South Carolina are both inexpensive places to buy property, relax, and enjoy the waterfront lifestyle.
- The most affordable land near the city
Purchasing vacant land does not always imply living in the middle of nowhere. Lexington, Kentucky, is a great place to start for investors looking for large lots close to local community amenities and a vibrant city center. The land here costs between $4,000 and $6,000 per acre and combines open space with easy access to the amenities of the big city. Cheap land near major cities can be found in pockets across the country, including Tampa Bay, Florida, Chattanooga, Tennessee, and Buffalo, New York. Jacksonville, in northeast Florida, is also a hotspot for real estate investing, as well as a popular location for vacant land near a bustling big city.
- Farming land at the lowest cost
Whether you want to run a high-performing dairy farm or just have enough space to raise a few animals and crops, the farmland you choose will have a significant impact on how successful your farm is. In the list of Best Places to buy land in the US, The most affordable farmland will not be picturesque, flat, square fields with deep, fertile soil. Instead, land in off-the-beaten-path areas like Louisiana and Arkansas that may require some TLC will be your best bet. Smaller farms may fare better in states like Nebraska, where farmers receive tax breaks and flexible lease options, as well as training and educational programmed for new farmers.
