Owning raw, undeveloped land or rural acreage comes with unique obligations in terms of care and maintenance. Hiring professional land management specialists is crucial for implementing targeted strategies that can substantially increase the long-term value and profitability of your property. Here are four key ways their expertise can pay dividends for your land investment.
1. Strategic Land Improvements and Infrastructure
From clearing heavily overgrown brush and trees to installing perimeter fencing or irrigation systems, land management specialists know which cost-effective improvements will make acreage more usable and visually appealing. Major enhancements like pond construction for livestock, nature trails for recreation, drainage systems to manage runoff, or selective timber thinning enable you to fully utilize every acre of your land while increasing curb appeal for potential buyers or lessees down the road.
2. Sustainable Land Stewardship Practices
Land management specialists can also guide the implementation of sustainable practices tailored to your acreage, like rotational grazing, native prairie restoration, cover crops, streambank stabilization, prescribed burning of overgrowth, regenerative agriculture techniques, and more. Adopting responsible stewardship enhances natural resources, reduces erosion, sequesters carbon, and demonstrates environmental responsibility. This draws buyers who value organic, conservation-minded land management.
3. Additional Revenue Streams
Your land management specialists will continually assess and identify opportunities to develop additional and diversified income streams well-suited to the property, whether through sustainable timber harvesting, leasing land for hunting/recreation, building renewable energy like wind or solar, mitigation banking, or other viable options. Implementing new income diversification strategies makes the land more self-sustaining and profitable long-term. Higher earning potential directly raises market value.
4. Improved Property Accessibility and Infrastructure
Sprawling rural land holdings with limited infrastructure are difficult to monitor, maintain, and manage. Land management specialists design and oversee the building of proper gated driveways, utility access, all-weather gravel or paved roads, and multi-use trails to open up the full property. Installing infrastructure for water, electricity, and other utilities enables development. Making the land easily navigable enables you to actively care for each acre, improving marketability.
Land management specialists have the breadth of expertise to strategically develop rural land – increasing functionality, revenue streams, sustainability, and accessibility. Their solutions make acreage far more usable and profitable, which are key factors that can substantially boost resale value over time. According to the United States Department of Agriculture, in 2022, the average United States farm real estate value, a measurement of the value of all land and buildings on farms, was $3,800 per acre. If you’re ready to boost the value of your land, then reach out to us for professional guidance.