New to Purchasing Equestrian Properties? Read Our Advice First

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NEW TO PURCHASING EQUESTRIAN PROPERTIES? READ OUR
ADVICE FIRST
Buying the equestrian is a serious purchase that
one makes. It does not matter whether you are
buying for the first time or looking to move from
a small acreage to a big equestrian. However, if
you want assistance to find out the acreage for
sale in Melbourne where you can make your
equestrian, Contact the Company, specialist in
selling land, acreage.
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GOALS FOR THE PROPERTY
Getting crystal clear on why you are purchasing
an equestrian property can prevent many headaches
down the line. For example, well, we want a place
for our three horses and maybe some boarders in
the future, which means you might wind up with a
property thats too small or one thats too large
and difficult to maintain. You need to be
ultra specific about your plans. This includes
any applicable business models for boarding,
training, layups, and the like.
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BUDGET
Although first-time buyers may be thrilled. So,
they must also be aware of the necessity to
budget for a stable. It is crucial to
understand your numbers and budget for additional
expenses. Moreover, if their property needs to
make money, it is best to calculate cash flow.
Buyers need to think about issues like feed,
waste management, utilities, and whether or not
they will be bringing in a trainer. A reputable
in-house trainer can attract students for
lessons, in addition to boarders.
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WATER AVAILABILITY AND DEFENDED, USABLE LAND
Numerous brokers follow the international maximum
that you need at least 1.5 acres of land for your
first horse and 1.0 acres for each additional
horse. You might need to raise your base minimum
depending on your grazing rotation, which may
require taking some acres out of service for a
month or two at a time. New purchasers
should consider the amount of usable land as well
as the total number of acres offered for sale
with an equestrian property. Furthermore, you
will need to deduct them from your total if there
are any steep hills, forests, or areas of poor
soil.
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PROSPECTS FOR THE FUTURE
Most people do expect to live and/or work on
their equestrian property for longer than a few
years, so you must evaluate its long-term
potential considering your own objectives.
Will zoning allow you to grow as your firm
develops? Will the house be big enough for a
family if you plan to raise one? Is it
appropriate or is there room for modification if
you plan to retire there? The issue of the
neighborhood is another one. You do not want to
purchase a beautiful property only to have the
next lots become overdeveloped, as this could
lower the value of your own home. When conducting
a property search, take the time to investigate
the local zoning and any potential development
projects that may be in the area.
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Contact US
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3810 reception_at_thecompanyre.com.au 03 5918
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THANK YOU!