Top Ideas for Land Usage
1) Rent Your Land for Outdoor Storage
People always need a place to park their boats, RVs, and other large items that are not allowed outside homes in HOA neighborhoods.
Do you like the idea of generating some passive income, but you don't want to devote a load of effort to it? You might consider simply putting up a fence surrounding your property, installing a security system, and creating a year-round business by using your land as leasable outdoor storage.
2) Sell Energy Back to the Power Grid
These days, sustainability is a popular issue. Wind and solar farms are a terrific way of securing long-term profits as you sell electricity back to the grid.
While the private and public sectors are shifting toward more climate-friendly energy generation, subsidies and tax credits are available in many states to help you fund your renewable energy project.
3) Start a Small-Scale Hobby Farm
Do you enjoy animals and fresh food? Do you like to spend time working and playing outdoors? A small-scale farm might be a good fit for your property. You can earn revenue by cultivating produce and rearing animals and selling them at farmer's markets and other craft marketplaces.
This is a fantastic approach to make sustainable use of your land while also contributing to the local economy and living a more holistic lifestyle.
If you’re not ready for a farm, start with a garden. To get the most out of your garden:
- You can use raised beds or till rows on your land.
- You can build a simple fence to keep wildlife out.
- You can do some quick research to find out how much sun the plants you plan to grow will need, so you can put your garden in the perfect place.
- You can make gardening a family experience.
- You can enjoy eating and selling food you grew yourself.
4) Create a Tiny Houses/Glamping Community
Does your property have a creek, waterfall, mountain view, view, or just a desirable aesthetic? You can profit from the natural beauty of your land by constructing a few airstream-style campers or permanent glamping tents.
Tiny houses have exploded in popularity as permanent homes and as vacation rentals. Airbnb rentals are becoming increasingly unique, and this low-cost option may be the best way to generate passive income and break into the holiday rental industry.
5) Use Your Land for Hunting Game
In Wilkes County and throughout North Carolina, hunting is a way of life. It is also a big industry.
In addition to hunting, you can generate income during hunting seasons by leasing out your property to other hunters. As an added benefit, you may be able to bring home some delicious food while also learning valuable hunting skills.
6) Harvest Your Timber Forest
If you have a mature timber forest on your property, it may be time to think about harvesting it. A timber harvest could be extremely profitable once the timber is marketable and economically mature. We stated in a prior article:
Church & Church Lumber Company works with landowners who have ten acres of trees to harvest. If you want to consider harvesting and selling your lumber, here are some key factors:
- The age of your forest
- The types of trees you have
- The market demand and price for trees like what you have in your woodlands
- Your goals regarding harvesting and forestry management
If you're not sure if you want to clear-cut your land altogether, you can do a selective harvest, which removes only the healthiest and most marketable timber while leaving a younger stand of trees to be cut later. This is an excellent approach to ensure that your property keeps the appearance you desire while still profiting from your timber.
Forestry Management
If you are not sure whether you want to harvest your timber or don’t know where to start, forestry consultation can help. Church & Church provides Wilkes County landowners with forestry management services that will help you make the most out of your investment. We can tell you all the pros and cons of harvesting the forests on your specific property.
We love this area and endeavor to keep it beautiful. Our team can help you determine how and when to harvest timber, explain what to expect of your cleared land over the next few years, and ensure that your property still looks as beautiful as you remember it.
7) Sell Your Land to a Timber Harvester
If you have property in western North Carolina, you can be sure it is likely profitable and desirable. Many home developers and builders are searching for land on which to build their next homes and communities. Individuals are moving to our area from all over the country and searching for available land on which to build their dream houses.
For those that no longer want to keep their land, selling is a good option, and now seems to be a good time to sell. Church & Church is always looking for properties larger than ten acres to harvest timber. We would love to talk with you more about potentially purchasing your land.
Church & Church
If you have property in or around Wilkes County, we would love to help you get the most out of it. Whether it’s through timber harvesting and forestry management, or you would like to sell a portion (10 acres or more) to us, please reach out to our team. We are family-owned and operated and committed to helping Wilkes County residents and property owners.