Is it true that land will lose its value if not maintained? If so how much?

[SoilHugger]

If I buy land for recreation rather than for farming does that mean it would lose its value if wanting to sell it in future?

Well I would certainly be maintaining it, just not for agriculture. Well maybe still agriculture if talking about permaculture, just not the intensive farming with machinery which is the norm nowadays.

Besides that though.. If someone bought land just to 'sit on' and did nothing with it, never went there does it depreciate in value and/or are there obligations to keep in to a certain standard?

 

[topground]

First decide where you wish to buy that land. Land only has a value if someone else wants to buy it.
land on a remote moor or mountain side will have less competition for buyers than land on the urban fringe with long term development potential.

 

[Kidds]

From your previous posts, what you propose to do will significantly reduce the lands resale value imo.

 

[SoilHugger]

First decide where you wish to buy that land. Land only has a value if someone else wants to buy it.
land on a remote moor or mountain side will have less competition for buyers than land on the urban fringe with long term development potential.

Hmm well actually I am not bothered about it loosing value and indeed am looking for the most remote spots. Windswept outcroppings would be great. So long as no one ever bothered me it could be worth nothing as it would be worth a lot to me and wouldn't want to sell it!

However the question was two pronged, one for land I may actually use which may or may not hold or decrease in value, the other for buying just to 'sit on'. I am not rich enough to buy land just to sit on and not use so the latter is rather an academic question.

 

[Rich_ard]

I hope we get some pictures of what you buy as some of us are heavily invested in this now!

 

[Kiwi Pete]

Yes and no... value is only what someone is prepared to, or indeed able to, pay for it.

To "a proper farmer" it may lose value, but to others you may add value. Not everyone's idea of paradise is the same

 

[Nearly]

Putting land into trees generally reduces its value, mainly because there are fewer bidders. Your idea of paradise might not line up with someone else's.
It's only when the trees are 50 years old that the value returns.
A friends' family timber business historically bought land with a crop of timber on, harvested the trees, now it's selling the woodand with immature trees to carbon schemes as it's cheaper to buy timber in from abroad.
Modern carbon credit schemes skew the value but only until the world sees through the con.

All my opinion.

 

[shearerlad]

Putting land into trees generally reduces its value, mainly because there are fewer bidders. Your idea of paradise might not line up with someone else's.
It's only when the trees are 50 years old that the value returns.
A friends' family timber business bought land with a crop of timber on, harvested the trees, now it's selling the woodand with immature trees to carbon schemes as it's cheaper to buy timber in from abroad.
Modern carbon credit schemes skew the value but only until the world sees through the con.

All my opinion.

Your 2nd point shows how crazy things are, the foreign timber probably has a lower carbon footprint too
All a huge con so that multi national corporations can keep on polluting while the rest of us pay the price

 

[Still Farming]

Come to Wales.
With the proposed new SFI rules you will be able to turn good Agricultural land at 15k/acre into 5k/acre with trees and habitat.

 

[Rossymons]

You may not be worried about it losing value but whoever is funding it might.

 

[Ffermer Bach]

remember, with our present rules, if I took good agricultural land and planted it with trees, no one would ever be able to turn it back into agricultural land again, partly you would have the cost of removing the stumps (which is not an insurmountable problem), but our land use laws only allow felling trees if there is a plan to re plant trees again. You can fell a certain amount per quarter, however there is a caveat in the rules to say this rule can't be used to "clear fell" a wood over time.

I don't know how carbon credits affects the values, but it used to be something like

grazing land £10 000 an acre
tree planted land £3 000 an acre

so as soon as you decided to cover your fields with trees you were devaluing your asset.

 

[SoilHugger]

Yes and no... value is only what someone is prepared to, or indeed able to, pay for it.

To "a proper farmer" it may lose value, but to others you may add value. Not everyone's idea of paradise is the same

I was thinking the same. Plenty of other dirty hippies would probably value what I did to it. Whether they would be able to pay might be another matter.

Having said that quite a few do have a few bob, or rather their parents, like me .

 

[Kiwi Pete]

I was thinking the same. Plenty of other dirty hippies would probably value what I did to it. Whether they would be able to pay might be another matter.

Having said that quite a few do have a few bob, or rather their parents, like me .

When we shifted in here, must admit I really did appreciate all the fruit trees and berries that someone with vision had got going, many moons ago.
Adds incredible value to an acre when it grows actual food, automatically

 

[Bury the Trash]

When we shifted in here, must admit I really did appreciate all the fruit trees and berries that someone with vision had got going, many moons ago.
Adds incredible value to an acre when it grows actual food, automatically

funnily enough it suddenly occured to me the other day that instead planting an awkward field corner etc as i do sometimes with a hornbeam or some other 'ordinary' tree that surely it would be more 'intersting' to plant a fruit tree in those places .

 

[farmerm]

How long is a piece of string... there are so many variables, end of the day land is worth what someone is willing to pay to own it or pay to stop someone else owning it.... today an acre of arable land is economically worth more than an acre of permanent grass, an acre of grass worth more than an acre of trees, an acre of trees worth more than some low scrubby bog, none are which are worth anything close to that of an acre of housing. It comes down to desirability and revenue potential drives desire above almost all else. Now if you take a bit of good productive land and turn it into a nature reserve that offers little to no revenue stream its financial value will crash. However it can work the other way too, take a bit of agricultural land and develop conditions that might attract a buyer interested in some enterprise with leisure revenue income opportunity such as perhaps paintballing or a glamping site and the land value can rocket.

 

[farmerm]

funnily enough it suddenly occured to me the other day that instead planting an awkward field corner etc as i do sometimes with a hornbeam or some other 'ordinary' tree that surely it would be more 'intersting' to plant a fruit tree in those places .

or nuts...

edit
nut trees I mean, not that it is a nuts idea.

 

[Still Farming]

You may not be worried about it losing value but whoever is funding it might.

Banks not woke up to this yet have they??

 

[Derrick Hughes]

Depends on land and soil type
If its good free draining land , apart from the fences and hedges value woukd drop slightly but not by a big margin
On the other hand marginal land if not farmed would see a vast drop in value equivalent to putting the land into a bunny hugging environmental Scheme

 

[Jackov Altraids]

I think everyone needs to be aware of the potential for land owning to become a liability.
The capitalists want to control land and so do the socialists. Different ideologies, same risk.
I see attempts to control land uses through taxes and/or rules.
We have already had banks apply pressure to borrowers with regards to land use.
Most of the world is currently obsessed with soil testing with potential for penalising anyone for not maintaining or increasing their 'quality'.
This could severely decrease the value of land or alternatively increase values of any unaffected.

 

[egbert]

funnily enough it suddenly occured to me the other day that instead planting an awkward field corner etc as i do sometimes with a hornbeam or some other 'ordinary' tree that surely it would be more 'intersting' to plant a fruit tree in those places .

if the ground is good enough....walnut!

(mind, fruit trees and walnut tend to be much dearer saplings to buy!...can't afford too many misses)