So cool livin' in the country...

[3RRL]

Land values increase because people are willing to pay more for it. If you have the land and sell it for as much as you can get for it, congratulations. If you don't want to sell your land, then that's your right too, but to tell anybody where the cannot live because you want to claim that you are more important then they are and have more rights to live there then anybody else is just plain wrong.
Hoorah,
I feel the same way Eddie, but here's a flip side.
It's funny out in my town the ones who've lived there all their lives are trying to get more commerce into it, expand and make it more modern. It's the ones who have moved there that want to keep it as rural as it is. It's a big deal because those of us who moved there don't want it to become like where we just moved from. It's a good thing it's surrounded by the Park and BLM so there's little chance of mass expansion in the near future.

 

[dooleysm]

Very well said Eddie.

 

[Sigarms]

Our country is still very young.

If we actually survive as a country another 200 years, well, you want to talk about the going rate of property...

It's called population growth and supply and demand, and we aren't slowing down any on the growth part.

 

[stumpfield]

Land use to be free and don't belong to anyone... Things have changed and will continue to evolve. BTW, I don't consider anyone a native in maine unless you are a Wabanaki. Just my believe... Don't forget some of those city folks are the sons and daughters of rural folks want to return to rural living.
Over here, I saw those claimed to be native/locals are cashing in and brought in the developers to chop up their land into pieces. Nothing wrong with that in this free market economy. The good things is that I also see country loving folks (doesn't matter where they were from...) put their land into conservation. Even in California, land doesn't really cost a lot. Devleopment potentials and rights cost a lot! A friend of mine just donated the development right of his 200ac ranch that he could sell for millions by placing it as conservation land. He put his money where his mouth is to preserve rural living. My 120ac and some of my neighbors are already in a land conservation area and only allow to build 1 home per parcel with no possibility of a subdivision to keep it as rural as it can be. I can't wait to enjoy livin' in the country....

 

[riptides]

My 120ac and some of my neighbors are already in a land conservation area and only allow to build 1 home per parcel with no possibility of a subdivision to keep it as rural as it can be. I can't wait to enjoy livin' in the country....

Curious as to why you think land conservations are a good thing? How does it work in your area, are not the tax payers owning up to putting their monies in a pot that is available? Are their restrictions per lot size, location, number? Do you get tax credits in return? Lower assessments?

Trying to understand how it works. Thanks.

-Mike Z.

 

[stumpfield]

Curious as to why you think land conservations are a good thing? How does it work in your area, are not the tax payers owning up to putting their monies in a pot that is available? Are their restrictions per lot size, location, number? Do you get tax credits in return? Lower assessments?

Trying to understand how it works. Thanks.

-Mike Z.

It's a good thing if you want to keep the area AG and rural. I'm not an expert on this. There are various types of land conservation here. My land is in the williamson's act. I believe it's 100ac minimum size. You volumnteer to place your land as conservation area. It's a 10-year contract between landowner and the state. Automatically renew every 10 years if you do nothing. There are lots of land-use restrictions goes with it mainly to perserve the land as AG land or just open space. You basically gave up the development right of your land. You can't subdivide, build a mansion or turn the place into a city..etc. You only allow to build 1 home per parcel no larger than 2500sqft. Just imagine what your neighborhood looks like if everyone's lot is 100ac or larger and only has 1 house on it......

As you can see, these restrictions will greatly reduce the value of your land from a development and real estate speculation standpoint. The benefit is lower assessment value and you pay less property tax. No tax credit or anything else. You just get a lower property tax bill. The state will reimburst the county for the loss of property tax revenue.

If you plan to keep your land forever, don't want to sell or develop... and you don't want developer knocking on your door every other day.... it's win win situation. You can still sell your land. But you have a very limited number buyers and only those commited to rural living not someone want to build a mansion or chop it up into little pieces.

 

[riptides]

...There are various types of land conservation here...

Thanks for sharing that, seems states all do it a little differently. My county has various easement programs available, and a purchase of developers rights.

The bad thing is, the easements and PDR runs with the land. You can get monies or tax credits depending on what you do, but the options for your land are restricted like ----forever.

While it looks good in the short term, HELLO, even I have my prices, if you know what I mean.

-Mike Z.