Pursuing a Homestead Hobby Presents a New Lease on (Retired) Life

Could a Hobby Farm Be Your Ideal Retirement Home?

When we think about retirement, downsizing is often the first thing that comes to mind. A smaller home, less maintenance and maybe a condo close to restaurants, shopping and amenities.

But what if retirement meant more space instead of less?

For some people, a retirement hobby farm or small acreage could be the perfect next chapter. More room for gardening, entertaining family, pursuing hobbies or simply enjoying a little more peace and privacy. The Adam Lloyd Home Selling Team wants to show you how. Why Consider a Hobby Farm?

You don’t have to become a full-time farmer to enjoy acreage living.

A hobby farm could give you space for a garden, greenhouse, workshop or even a few animals, depending on the property’s zoning. It can also provide something that’s increasingly valuable in retirement: the freedom to spend your time doing the things you enjoy.

Maybe you’ve always wanted a big garden. Maybe you’ve dreamed of having a workshop. Or maybe you simply want more room for the kids and grandkids to visit.

The right property can make those things possible. What to Consider Before Buying Acreage

More land isn’t necessarily better, especially when you’re thinking about retirement.

Before buying, consider:

• Location: How close are you to family, healthcare, shopping and other amenities?
• Maintenance: Who will look after the land, landscaping and buildings?
• Utilities: Is the property serviced by municipal water and sewer, or does it have a well and septic system?
• Zoning: What are you actually allowed to do with the property?
• Budget: Don’t forget about the ongoing costs of maintaining a larger property.

For properties in BC, it’s especially important to understand the property’s zoning and servicing before making an offer.

As you formulate your plan and your budget, remember to consider other expenses like preparing your current home for sale and hiring movers. Work with an experienced real estate agent like the ones with the Adam Lloyd Homeselling Team who can walk you through the process of getting your home ready to list. Then, you can go online to find a highly rated moving company. When assessing a company, make sure they are bonded, licensed, and insured. Which Land Is Your Land? An essential component to a hobby homestead is, of course, land. You must balance your work, personal, and retirement goals with your financial means — and your health — when determining how much and what kind of land you purchase. The easiest and also most expensive route is to purchase something already built and ready for move-in. This may limit the amount of acreage you purchase, but there are still many ways to earn income from smaller homestead parcels, and the advantages of not having to install infrastructure are plentiful. By contrast, buying raw, unimproved land may appear to be initially less expensive, but unless you have cash, it can be challenging to finance and the work of installing infrastructure can be daunting. You’ll likely be installing a sewer or septic system, digging a well or paying for a municipal or county water connection, and arranging for a utility hookup. The more remote you are, the more expensive this effort is likely to be. True Sunsets in the Sunset Years Retirement is about contentment and security. What better way to achieve this than earning income from doing what you love, in a place that allows you to keep your eyes on the next horizon. When you’re ready to purchase the right property for your homesteading adventure, contact the relocation experts with the Adam Lloyd Home Selling Team. We’ll help you to find the perfect location for your retirement dreams. Author:Simone McFarlane Photo by Pexels