03 Jun Top Three Reasons to Buy Land
Land has always been one of mankind’s most valuable resources. The great state of Texas was settled as a wave of Americans left the crowded Eastern cities to discover the wide open spaces and untamed, untouched beauty of the American West. To this day, land remains a strong, valuable asset packed with potential, offering buyers the freedom to build whatever they desire – whether it’s a family dream home or summer holiday retreat – from the ground up.
If you’re looking to purchase a piece of land for future home development, here are the top three reasons to do it:
1. Own a Limited Resource
Land is a very high-value purchase because, as the author Mark Twain once said, “they’re not making it anymore.” This subject is further explained by the experts at Housing.com, who wrote in a December 2018 article, “The supply of land is limited and the possibility of creating more, is quite impossible. Due to its limited supply and the ever-increasing need, demand for land has only been going up.”
Statistics support the increasing demand for land throughout the United States. The REALTORS ® Land Institute 2018 Land Markets Survey showed that land is being sold faster, remaining on the market for an average of just 90 days in 2018, as opposed to 95 days in 2017.
In layman’s terms, land is a limited natural resource with limitless potential, consistent demand and little to no depreciation. Homesites that are rich in natural beauty and conveniently located near on-site, resort-style amenities such as a pool, farm-to-table restaurant and an 18-hole championship golf course are in even higher demand and shorter supply. The Hideout Golf Club & Resort’s homesites offer access to all of these world-class amenities and more, including the 7,500-acre Lake Brownwood, which is popular with anglers, boaters, water-skiers and swimmers.
2. Own a Secure Asset
There are very few financial assets more secure than a piece of land – land will remain static and unchanged until it is ready to be put to use. In financial and accounting terms, land is considered a “non-depreciable” asset, which means that it is presumed to have an unlimited useful life. Land is actually the only asset for which depreciation is prohibited, since it is a resource that cannot be destroyed, moved or affected under any circumstances. Even if a party acquires a homesite and later builds a home on it, the land and the home are considered separately and the only item that is subject to depreciation over time is the home.
What’s more, land can be a secure asset for a very long time. The cost of maintaining a homesite is fairly low and as time passes, land typically increases in financial value as well as personal potential, particularly as the surrounding area becomes more popular and available homesites grow more scarce.
3. Own a New Lifestyle
Purchasing a homesite for future building also ensures that when the time comes, you’ll be ready to leave the rat race behind and enjoy the clean air, clear skies and other conveniences of country life. Just imagine having a piece of land to call your own and a thoughtfully designed future home set amidst the rolling hills and winding trails of tranquil Brownwood, Texas, perched on the idyllic shores of Lake Brownwood.
One of the most common tips when considering the purchase of a homesite for future development is “never purchase sight unseen.” No matter how beautiful the land appears on a website or on paper, potential buyers are consistently encouraged to visit the land and tour the area, walk each parcel or homesite from pin to pin, and involve their family members and other key decision makers in the purchase.
The Hideout Golf Club & Resort is uniquely positioned to offer the opportunity to tour the community and get a jump start on Texas Hill Country living! Before purchasing one of the homesites, potential buyers are encouraged to experience a brief but comprehensive exploration of the master-planned community and enjoy a stay in the resort’s well-appointed guest rooms, cabins or RVs. Those who decide to purchase a homesite can continue enjoying discounted stays at the resort or roll up in their own camper or RV, park on their plot and get a taste of The Hideout lifestyle before they ever move in. Long before their home is built, homesite buyers will enjoy full access to The Hideout’s golf club and championship golf course, as well as a full array of special offerings and resort-style amenities that include a pool and spa, a fitness center, pickleball court and indoor basketball court, dining at The Hideout Grill and much more.
For information about available homesites, visit TheHideoutGolfClub.com. You can also book a one-hour tour to explore the resort community and learn more about the homesite specials.
Back to Article List