Timing is everything and this is especially true for buying horse properties in North Texas. Here’s what you need to know about timing your purchase in Horse Country.
Springtime is high time for equestrian properties
Spring is generally considered a good time to enter the market for horse properties in North Texas – from sunshine to hail and lightning, a wide range of weather patterns can be observed during this time, allowing you to inspect the various features of your future property under various conditions.
When boarding horses in your property, you need to make sure that there’s enough shade and a functioning irrigation system in place to keep them comfortable, healthy, and well-fed. So if you’re inspecting equestrian property in the spring, it helps to ask the following questions:
- Does the property have enough shade in the open areas?
- Is drainage working properly?
- Does the roof or ceiling leak when rain falls heavily?
- If there are ponds or creeks in and around the property, could these bodies of water swell and overflow during the rainy months?
Answering these questions will help you make sure that the property has all the features you need to care for your horses.
Personal considerations when timing your purchase
When timing the purchase of your equestrian property, you may also have personal considerations such as:
- Financial readiness – It may be time to commit to an equestrian property if you believe that you are financially prepared to do so. Years of saving and smart investing may have finally paid off, putting you on the financial position to buy and maintain your very own horse property.
Or you may have gotten a windfall, such as an inheritance for example, that gives you the financial capacity to make this purchase now.
Why wait? Talk to your financial advisor to determine your readiness to buy, operate, and maintain an equestrian property.
Life events and changes – A major life event, such as retirement, a divorce, a health crisis, or a career change might make you rethink the path your life is taking and give you the extra push you need to commit to an equine property.
Experience in running and maintaining equine properties – It takes knowledge and experience to run an equestrian property successfully. You may have gotten to a point in your life where you have the confidence and experience you need to do this on your own.
Other tips for timing your purchase
Meet the neighbors – Equine properties may be far apart in Horse Country but that doesn’t mean you shouldn’t reach out to your future neighbors. If a property in the area appeals to you, it won’t hurt to talk to other property owners in the area to get a feel for the community.
Learn about municipality issues – Local environmental issues, property use restrictions, and land usage laws will inevitably affect your decision to buy. These issues and restrictions may evolve over time, hence the need to keep abreast of the latest news and updates. A well-connected agent can help you get access to insider information on municipality issues in North Texas.
As a real estate expert and active member of the equestrian community, I can help you explore your options in the best equestrian communities in North Texas. Just contact Sarah Boyd & Company here. You can also reach us at 2146.494.403 and Sarah(at)SarahBoydRealty(dotted)com. I can’t wait to hear from you.