10 Reasons We Love Buying Land in North Dakota

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10 Reasons We Love Buying Land in North Dakota
By

Bart Waldon

Ever thought about owning a piece of the American heartland? Well, let me tell you about North Dakota. This hidden gem in the upper Midwest is more than just endless prairies and friendly faces. It's a land of opportunity, especially for those looking to invest in property.

North Dakota, affectionately known as the Peace Garden State, is a place where the horizon stretches as far as the eye can see. With just over 770,000 folks spread across 70,762 square miles, there's plenty of elbow room. But don't let the wide-open spaces fool you – this state is buzzing with potential.

Now, I'm not just throwing around empty praise here. The numbers back it up. According to the USDA's Land Values 2023 Summary, North Dakota's farmland has been on a steady climb. Just last year, the average value of farm real estate jumped by 8.8%, hitting $2,350 per acre. That's not chump change, folks.

So, why should you consider planting your flag (or your tractor) in North Dakota soil? Let's dive into ten compelling reasons that might just have you packing your bags for the Northern Plains.

1. Farm Life's Calling Your Name

If you've ever dreamed of being a farmer (or just playing one on TV), North Dakota's your stage. This state's not messing around when it comes to agriculture. We're talking top-tier soil and a climate that crops just love. North Dakota's not just growing food; it's feeding the nation with:

  • Golden fields of wheat
  • Rows upon rows of soybeans
  • Corn as far as the eye can see
  • Canola painting the landscape yellow
  • Flaxseed (because who doesn't love a superfood?)

Whether you're looking to get your hands dirty or just want to lease your land to the pros, North Dakota's agricultural scene is ripe for the picking. And with new farming tech popping up left and right, this isn't your grandpa's farm anymore.

2. Black Gold Under Your Feet

Ever heard of the Bakken Formation? It's like winning the geological lottery, and North Dakota's sitting on the jackpot. We're talking oil and natural gas reserves that make other states green with envy. If you're lucky enough to snag some land with mineral rights, you could be looking at:

  • Oil companies knocking on your door for leases
  • Royalty checks that make your mailbox happy
  • Land values that keep ticking up thanks to that black gold

Even if your plot doesn't have oil execs salivating, the energy boom is lifting all boats in North Dakota. It's like a rising tide of opportunity, and you might just want to ride that wave.

3. More Bang for Your Buck

Let's talk dollars and sense. In North Dakota, your money stretches further when it comes to land. While prices have been creeping up (hello, 8.8% increase), they're still a bargain compared to some other states. This means you can:

  • Go big with your land purchase
  • Spread your investments around
  • Dip your toes into land ownership without breaking the bank

It's like the land equivalent of a buy-one-get-one deal, only better because, well, it's land.

4. Nature's Playground in Your Backyard

Forget about fancy resorts. When you own land in North Dakota, you've got a vacation spot right outside your door. We're talking:

  • Hunting trips where the deer and the antelope play (and pheasants too)
  • Fishing holes that'll have you spinning tales about "the one that got away"
  • Hiking trails from the Badlands to the Turtle Mountains
  • Winter wonderlands for snowmobiling, cross-country skiing, and ice fishing

And the best part? It's all yours. No reservations needed, no crowds to fight. Just you and Mother Nature having a grand old time.

5. Peace and Quiet (If That's Your Thing)

In North Dakota, you can hear yourself think. With all this space and not a whole lot of people, you get:

  • Neighbors who wave from a quarter-mile away
  • Starry nights unspoiled by city lights
  • The kind of quiet that city folks pay big bucks for on meditation apps

It's perfect for those who like their solitude with a side of friendly community spirit.

6. Job Market's Hotter Than a Dakota Summer

North Dakota's economy isn't just chugging along; it's full steam ahead. We're not putting all our eggs in one basket either. The state's got its fingers in many pies:

  • Agriculture (of course)
  • Energy (did I mention oil?)
  • Manufacturing (because we make stuff too)
  • Tech (Silicon Prairie, anyone?)

What does this mean for you? Jobs, jobs, and more jobs. And where there are jobs, there are people needing places to live. See where I'm going with this?

7. Uncle Sam's Not as Grabby Here

Now, I'm not a tax expert, but I know a good deal when I see one. North Dakota's got some perks that'll make your accountant smile:

  • No state estate tax (your kids will thank you)
  • Property taxes that won't make you wince
  • Farm folks get an extra break on their land taxes

It's like the state's saying, "Hey, thanks for buying land here. Have some tax breaks on us."

8. Wind's Not Just for Windsocks

Sure, North Dakota's got oil, but we're not stuck in the past. Wind power's the new kid on the block, and boy, is it making waves. Those wide-open spaces? Perfect for windmills. Landowners are cashing in by:

  • Leasing land to wind energy companies
  • Joining in on community wind projects
  • Soaking up those sweet, sweet renewable energy tax incentives

It's like farming the wind. Who knew that was a thing?

9. Water, Water Everywhere

In a world where water's becoming liquid gold, North Dakota's sitting pretty. We've got:

  • Rivers that could tell a tale or two
  • Lakes that'll have you humming "Summer Nights"
  • Aquifers keeping things flowing underground

Whether you're watering crops, keeping livestock happy, or just want a spot to kayak, North Dakota's got you covered. And who knows? Those water rights might just be the next big thing.

10. Playing the Long Game

Look, buying land isn't like picking up milk at the store. It's a long-term play, and North Dakota's setting the stage for a winning performance:

  • Land values that keep climbing (slow and steady wins the race)
  • Cities and towns that are stretching their legs
  • A tangible asset you can pass down (sorry, kids, no Bitcoin inheritance here)

Sure, the land market can be as unpredictable as a prairie thunderstorm. But with North Dakota's mix of resources, stable economy, and room to grow, you're betting on a pretty solid horse.

Final Thoughts

So there you have it, folks. Ten solid reasons why North Dakota land might just be your next great investment. From farming to fracking, peace and quiet to economic buzz, this state's got a little something for everyone.

But hold your horses before you start packing up the U-Haul. Buying land's a big deal, and you'll want to do your homework:

  • Check those zoning laws (no pig farms in the suburbs, please)
  • Make sure you can get power and water (unless off-grid is your thing)
  • Look into environmental stuff (because surprises aren't always fun)
  • See what the future holds for your neck of the woods

And remember, selling land isn't like selling lemonade on a hot day. It can take a while – we're talking 1-2 years to get top dollar. So make sure you're in it for the long haul.

Now, if you're looking to move faster, companies like Land Boss are out there buying land for cash. They might not pay full retail, but they can close deals quicker than you can say "North Dakota nice." It's an option if you need to sell fast or just don't want the hassle of playing real estate agent.

About The Author

Bart Waldon

Bart, co-founder of Land Boss with wife Dallas Waldon, boasts over half a decade in real estate. With 100+ successful land transactions nationwide, his expertise and hands-on approach solidify Land Boss as a leading player in land investment.

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