Subdividing the land into smaller lots is the better method because you will find it easier to find a buyer, compared to selling a large piece of land. You can decide to sell the land that you own in Arkansas as you purchase it or subdivide it into smaller lots. With this method, you will be selling the land at a higher price than you purchased it, thus making a profit. Flip the LandĪfter buying and owning land in Arkansas, you can also decide to sell it to another buyer, a method known as land flipping. As you can see, your customization options when building your home are endless, when you have your own piece of land in Arkansas. You can also include an outdoor kitchen, a customized swimming pool, outdoor lounge, sports area, or an oversized garage. And since the land is yours, you will have the opportunity to build the type of house that you’ve always dreamed of, meaning you can customize it as much as you want.įor instance, you can decide to add a hidden room, include a kitchen nook, an indoor spa, a laundry room upstairs, in-built shelves, a mudroom, a spacious home office, home theater, game room, or a decked out kitchen, just to name a few. Some of the options that you can pursue with the land after buying it include: Build Your HomeĪfter buying and owning land in Arkansas, you can decide to use it to build your dream home. Plenty of Uses and Investment OpportunitiesĪnother major benefit of buying and owning land in Arkansas is that you have the freedom to do with it as you wish, as long as you comply with the local building codes and zoning restrictions. And after you’ve purchased the land, you can leave it vacant until you have raised enough funds to develop it, in your own time. Buying and owning vacant land in Arkansas provides an affordable option, compared to developed or already built land. So, if you are looking to invest in real estate in Arkansas, buying and owning land presents a great opportunity. ![]() And you can get even cheaper lots, deep in the rural areas. The average cost of vacant land in Arkansas is approximately $3,500. But, will it be the right move? Let’s take a closer look at some of the pros of owning land in Arkansas. Pros of Owning Land in Arkansasįor someone looking to buy and own land, Arkansas comes across as a great place. It also has that small-town vibe, not to mention that southern charm. Also, it has one of the lowest property taxes in the country and the food is great. The housing is affordable, the people are friendly, the weather is great and the transportation network is extensive. Besides its diverse landscape and stunning views, the Natural State is also home to celebrities like former POTUS Bill Clinton, Billy Bob Thornton, Maya Angelou, Johnny Cash and Dick Van Dyke, just to name a few. Arkansas is also the headquarters of the popular retail brand, Walmart. It also has plenty of crystal-clear rivers, lakes, streams and other water bodies. Arkansas is home to the Ozark Mountains, which it shares with Oklahoma, Kansas, and Missouri. But, it doesn’t have a shortage of opportunities and natural beauty. With a population of approximately 3 million people, Arkansas remains one of the smallest states in the nation. With that in mind, you can always rest assured that the information you get from our content pieces is credible. And we have a reliable team of experts, sourced from various relevant fields, to ensure we can deliver on this key objective. Our goal is to provide our readers with trustworthy, factual, well-researched, and helpful content. ![]() So, if you have been planning to make this move but have been unsure whether it’s the right investment decision, this guide has the answers. This article will explore the pros and cons of owning land in Arkansas. But is it the reality on the ground? Well, this guide has the answers. Plenty of uses and investment opportunitiesīuying and owning land in Arkansas looks like a solid investment idea.Should you consider buying and owning land in Arkansas? Can you get a return on your investment? Let’s weigh in on the pros and cons. Is buying and owning land in Arkansas a wise investment decision? Is it something you should consider? We will explore the pros and cons in this guide.
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