Purchasing vacant land at a great price and doing NOTHING to it, is a perfect way to gain equity because you don’t need to lift a finger and vacant land values are always appreciating. But, what if you want to increase that return upon your investment by putting a little sweat into it? Here are some great ways to go about improving upon the land you own.
1. Manage Trees and Shrubs with Forestry Mulching and Tree Trimming/Removal
It’s pretty inexpensive and easy to make your property more visually appealing by clearing unnecessary brush or trees. One option is to clear brush, weeds and other natural visual obstructions by forestry mulching-also known as “brush hogging” or “bush hogging.” Similarly, if the property is densely forested and not being used for timber, clearing out some of the smaller trees or clearing an area where a building or homesite might go is a way to help your buyer visualize how they could used the land.
2. Demolish Old Structures and Remove Junk
Maybe the reason why you got such a great deal on this land in the first place is because it had been littered with junk and old buildings that no one else wanted to deal with. Hiring a junk removal and demolition service to clean it up is an easy way to improve the visual appeal of and value of the land.
3. Provide Good Access
You can easily add a gravel driveway to your property if it has nearby public or private road access. However, if your parcel is landlocked or surrounded by other properties, you’ll need to secure an easement from a neighboring landowner. Additionally a gate, fence, culvert or bridge on the land that would help accommodate future land usage and promote the highest and best use of the land will also contribute to attracting potential future buyers.