Once you’ve narrowed your options down to a few properties that might work for you, it’s time to consider the logistics and lifestyle changes that owning one of them might entail. For example, how far from town are you willing to live? How far are you willing to commute for work, or to shop for groceries and other necessities? These, and the following questions, should be considered.
How Much Can I Realistically Handle?
As a beginning farmer, take into account how you will manage your property in conjunction with other aspects of your life. Will you work the farm full-time, or have other occupational commitments? How much livestock will you raise, and/or vegetation will you grow? Some beginning farmers, in retrospect, wish they had started out with a smaller number of cattle. Make sure that you will be able to invest the time necessary to achieve the results you desire.
How Far From a Town am I Willing to Live?
The distance from your potential farm to town can play a major role in your decision-making process. You may find that the farther a property is from town the less expensive it is, and the closer the pricier. So, how far from town are you willing to live? Are you okay with commuting a long distance into town for your job, or to shop for groceries and other necessities? What is your comfort level when it comes to the location of your farm?
What Are My Profit Goals?
Not all farms become profitable right away—it may take a few years. Does the land require major investments in infrastructure before you will be able to turn a profit? How soon do you need to be able to run livestock? Can your prospective property meet that objective?
Are You Buying a Home or Land for Sale in Lake City?
If you’re moving to Lake City, we can help you find the perfect place to live. Call us at 386-243-0124 to tell us what you want from your home and we will begin searching right away.
Check these out:
