You may only be thinking about buying hunting land for the personal recreational benefits, but the fact of the matter is that purchasing hunting real estate is a smart and effective investment strategy, too. Here are the top four reasons why buying that vacant land for sale may prove to be the best investment decision you ever made.
- Land is money you can walk on.
Unlike investing in the stock market or a mutual fund, you can actually use, smell, touch, and see where your money is going when you buy hunting real estate. There’s a lot to be said for a tangible investment in this increasingly digital world. - It’s not going anywhere.
Furthermore, you don’t have to worry about the volatility of any stock index or housing market. While real estate prices may also ebb and flow, an undeveloped hunting property is not subject to the same kind of highs and lows that the traditional housing market has experienced over the last decade. You can rest assured that your investment will only appreciate in value as time goes on. - You can do as much or as little as you want.
When you own a large property, the best way to take care of it sometimes is to let nature run its course. On the other hand, some owners choose to take on forest maintenance to encourage deer population growth or add ponds to attract waterfowl. In turn, these improvements can spur additional revenue by drawing hunters who’re willing to pay good money for good hunting opportunities. Gear sales alone in hunting accounted for $38.3 billion in 2011, outpacing every other type of sport; there’s money to be made in well-maintained hunting grounds. - Undeveloped land is an increasingly scarce commodity.
Most real estate investors only have developments in mind, which means that the amount of natural, undeveloped land available on our planet may be quickly shrinking. Many state governments will offer tax incentives to landowners who promise not to build and will help preserve some of the natural beauty of the wild environment.
Many people dream of buying land as a way to pursue their outdoor hobbies or simply as a way to get away from it all. Hunting real estate offers those benefits and more, especially if you approach your options with a long-term investment strategy in mind. So don’t just buy — invest!