4 Things to Consider When Buying an RV Lot

Are you dreaming of owning your own piece of land where you can park your RV and enjoy the great outdoors? So many excited buyers get stuck, or struggle to find the best property, because they don’t know the top 4 things to consider when Buying an RV Lot. Investing in an RV lot is a great way to have a home away from home and enjoy the freedom of RV living without the hassle of renting at campgrounds or roughing it in Walmart parking lots. However, before taking the plunge and making a purchase, there are a few important things to consider that new land buyers may not know yet. In this article, we will discuss 4 important key factors to consider so you can buy the perfect lot for your RV adventures.

1. Location, Location, Location

The first thing to consider when buying an RV lot is the location. These types of lots are special, as they can be located near almost any worthwhile destination. Do you dream of yearly vacations to the beach? Ever wanted your own retreat in the mountains? Ready to take your boat out on the lake all summer? Depending on your adventures, it’s important to consider destinations that are important to you, and choose a location that can really fulfill your dreams.

Is there a view?

When it comes to buying land, one of the most important factors to consider is whether or not there is a view. A beautiful view can greatly enhance the value and enjoyment of your property, making it an attractive investment. Here are a few reasons why having a view is important when buying land:

1. Aesthetics: A stunning view can provide you with inspiration and a sense of peace and tranquility. Whether it’s a panoramic view of the lake, a lush forest, or a majestic mountain range, having a visually appealing landscape can make your property stand out and create a sense of pride and satisfaction.
2. Resale value: A property with a view is generally more desirable and tends to hold its value better. Many buyers are willing to pay a premium for a property that offers breathtaking views, so if you ever decide to sell your land in the future, having a beautiful view can be a significant asset.
3. Privacy and exclusivity: Depending on the location and layout of the land, a view can provide privacy and exclusivity. One thing to consider however is future development. Your view may be unobstructed today, but plans could be in place to obstruct your view with new development.

2. Amenities and Services in RV lots

The second thing to consider when buying an RV lot are the amenities and services available in the area or community where the lot is located. Are there laundry facilities, swimming pools, or clubhouse access? Will the community plow snow or keep the roads maintained? What about cable TV options? Think about what amenities are important to you and prioritize them when selecting a location.

What are common amenities available to owners of RV lots?

Electricity: Access to reliable electricity is crucial when buying an RV lot. If you’re looking to hook up to the electrical grid, make sure the lot can even get access to power, and also consider the hookup costs. Depending on the property and power company, it could cost as little as a few hundred dollars, up to hundreds of thousands of dollars to bring power to your property, so make sure you know the costs before jumping the gun. If you want to install solar or wind generators, make sure the property will be able to generate enough energy for your needs during the seasons you’ll be visiting.

Sewer: Another important consideration is the availability of a sewer system. Check if the property has access to a public sewer system, which can provide convenient and reliable waste disposal. If the property is in a rural area or does not have access to a public sewer system, you may need to explore the option of installing a septic system. However, before considering this option, it is crucial to research local building codes and regulations to ensure that installing a septic system is permitted and feasible on the property.

Water: Access to a reliable water source is essential for your RV lot. When considering a property, check if it has access to a municipal water system. If the property does not have access to a municipal water system, you may need to explore alternative water sources. One option is drilling a well on the property, which can be a reliable and cost-effective solution, but it requires proper permits and professional installation.

Homeowner’s Association (HOA): If the property is part of a planned community it may be subject to an HOA. Research the HOA rules and regulations to understand any additional costs or restrictions associated with the property. Also learn about all the benefits the HOA is offering residents, such as private boat ramps or swimming pools. Most of the time, RV communities are small, and fees are not exorbitant.

3. Property Taxes and Financing for RV Lots

Before you purchase an RV lot, it’s essential to understand the property taxes and financing options. Research the property tax rates in the area where you’re considering buying. Property taxes can vary significantly from one location to another, so make sure you factor this into your budget.

When it comes to financing, it’s important to explore your options; you might be surprised at what you’ll find. Finding traditional funding from a banking institution for land is generally difficult, but many buyers are finding financing directly through the sellers themselves. This way, it helps families invest in land, and enjoy the property, while not needing all of the capital on hand to finalize the purchase.

4. Size and Lot Features

Consider the size of the lot and any specific features that are important to you. Do you want a larger lot for more space and privacy? Are there any specific amenities or features you want the lot to have, such as access to hiking trails, or proximity to a lake or beach? Make a list of your must-haves and use it as a guide when looking at available lots.

 

Happy Hunting

By taking these factors into account, you can embark on your journey as an RVer with confidence, knowing that you have made a well-informed choice. So, go ahead and explore the options available to you, your perfect RV lot may be right under your nose. Happy hunting!