Pros and Cons of Buying Land in Nevada
The Nevada landscape beckons with awe-inspiring national and state parks, conservation areas, recreational lands and ski resorts. These spectacular public playgrounds provide limitless four-season outdoor excitement that boost land values for those who live on or near them.
Pros and cons of buying land in nevada are booming in popularity for millennials, retirees and hunters looking to escape the hustle of urban life and make their mark on a more sustainable future. Savvy investors look for land in these rural areas to maximize value growth as local industries like agriculture, mining and renewable energy boom. They also look for properties with a septic system or alternative water sources to lower infrastructure costs long term.
The Pros and Cons of Buying Land in Nevada
With arid desert valleys, rugged mountain ranges and wide open plains, Nevada’s diverse terrain offers endless opportunities for adventure and discovery. Whether hunting, fishing, hiking or skiing, recreational sports are popular pursuits that bring people together in awe-inspiring natural surroundings. These awe-inspiring public lands add to quality of life and attract tourists that support businesses and services.
With its arid climate and limited water resources, Nevada’s varying landscape requires an understanding of what to expect. A comprehensive land survey is critical before purchasing to assess soil composition, topography and flood risk. Installing electric, sewer/septic access and gas lines on remote property can cost more than a buyer might expect. Creative off-grid solutions reduce these expenses, but may not fully offset them. It is also essential to understand the complexities of water rights that may impact a land investment.
