Final Review and Land Management Considerations
At 9:44 in
Red Beaver Part I Buying Land ... walking boundaries, assessing land quality and timber
What happens here
After walking the entire property, take time to reflect on the overall quality of the land. Consider factors such as the presence of wildlife (evidenced by game trails, deer stands), the number and quality of water sources (creeks, springs, potential for ponds), the terrain (rocky, hilly, flat areas), and the existing vegetation (trees for timber, fields for hay). Also, discuss the complexities of land financing, especially for raw land, where higher interest rates and down payments are often required compared to properties with existing homes. Explore options for financing and managing the land, such as harvesting trees to offset costs and maintaining privacy by preventing further development. Recap the discoveries and the general success of the property scouting mission.
Goal: Evaluate the land's potential and plan for its future management and financing.
Tools and materials
- Smartphone iPhone — Recalling and discussing findings from the digital map