The Colorado cabin lifestyle is highly coveted, and rightfully so. Imagine waking up in the cabin you built to suit your needs, looking out the window to a stunning mountain view, and building equity while pursuing the lifestyle of your dreams. The problem with a lifestyle everyone wants to live, however, is that the supply of Colorado cabins for sale cannot satisfy the demand. As a result, many cabin dreamers are instead looking at vacant land for sale to buy and build. Here are some basic steps you can take to achieve the same:
Investing in Land For Sale
When you invest in land, regardless of whether you build on it, you’re making a great financial decision. Land almost always appreciates because you can’t make more of it. Demand for land is especially high in a hot real estate market like that in Colorado. Moreover, as the value of your land increases, you may be able to borrow against your equity in the property for money to build your cabin.
Benefits of Building Your Cabin
Buying land to build your dream cabin allows you to craft your ideal experience that’s unique to you. Whether you want to fish, hunt, raise animals, garden, or recreate, you can find land to accommodate. Furthermore, when you build a home or cabin, you can customize the layout to fit exactly what you need in terms of rooms, appliances, and energy efficiency.
Where to Find Vacant Land For Sale
If you want to build your dream cabin, you need to find land in a suitable location. Although I may be biased, I highly recommend Western Colorado. We have gorgeous mountain ranges, dynamic seasons, plenty of recreational activities, natural bodies of water, and a host of other benefits for land owners. Even if you decide to look for land in another location, though, you should still pay attention to:
- Zoning laws and deed restrictions that may influence what you can build.
- Whether the land has enough healthy green space to sustain animals, crops, trees, or whatever lifestyle you want to pursue.
- Whether the property’s water rights can support your lifestyle needs.
- If the property has existing utility hookups or if you need to coordinate with the city/town to have them installed.
Assembling Your Land Buying Team
The final step in the land-buying, cabin-building process is assembling a team of professionals to bring your aspirations to fruition. If you plan to take a loan for the land or the construction, you’ll need a qualified mortgage officer to see what programs you qualify for. You may also want to find a land surveyor to determine the boundaries of the potential property and the features of the land.
Finally, you’ll need a real estate broker who’s familiar with the area and the lifestyle you’re trying to achieve. As a Western Colorado broker and the owner of United Country Real Estate Western Land & Lifestyle Properties, I would love to fill that position. Check out my current land listings here and get in touch with me for more information.