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What You Need to Know When Buying Rural Properties

Thanks for checking out #KTQuickTips with us, The Kormendy Trott Team – Where we like to share our tips and advice to buying and selling Real Estate.

If you’re considering a move outside of the hustle and bustle of the big city and the suburbs, we have some tips to review from E81 on things to consider.

When buying a rural property, you will likely have a septic tank as your sewage system. There are a few things you need to know.

  1. What is the age of the system? (They do have a life expectancy)
  2. What is the capacity of the system? (Especially if you’re planning a renovation or adding any plumbing fixtures)
  3. Educate yourself on the maintenance of the system. (Know what you can and cannot flush or put down the drains.)

When looking at rural properties, there are many types of heat sources. These are the ones you will find most often:

  1. Propane
  2. Oil
  3. Electricity

A home that’s heated with electricity is often the most expensive. It would be a good idea to speak with the owner to find out what their monthly expenses are so that you can budget. However, keep in mind these systems can often be switched out for more efficient ones.

Lastly, you’ll want to know what the water source is as wells are most commonly used in rural areas. With wells, you’ll want to know:

  1. What is the recovery rate? (How much water is available for you to use)
  2. Have a bacteriological test done (Find out what the quality of the water is)

These are just the tip of the iceberg when it comes to rural properties. If you’d like more information about them, let us know – You can reach us anytime at 1-800-617-0090, Instagram or Facebook! Also, we’d be happy to refer you to great contractors who can install new systems, inspect the current ones, or help you with the maintenance.

Thanks for reading – You can watch the full video or leave a comment below.

 

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