10 Reasons We Love Buying Land in Rhode Island

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10 Reasons We Love Buying Land in Rhode Island
By

Bart Waldon

Rolling hills, pristine beaches, and charming colonial towns all packed into the smallest state in the U.S. That's Rhode Island for you – a tiny gem with a big personality. If you've ever thought about buying land, the Ocean State might just be your perfect match.

Before we jump in, let's talk numbers for a second. According to the USDA's National Agricultural Statistics Service, Rhode Island is home to 1,043 farms spread across 56,864 acres. That might not sound like much, but here's the kicker – the average farm size is just 55 acres. Translation? There's plenty of manageable land up for grabs. Oh, and get this – farmland values have been creeping up, hitting $13,600 per acre in 2022. Not too shabby for the smallest kid on the block, right?

So, why are folks falling head over heels for Rhode Island real estate? Grab a coffee (or a Del's Lemonade if you want to fit in with the locals), and let's break it down.

1. Location, Location, Location (No, Really)

Alright, let's start with the obvious. Rhode Island is smack dab in the middle of the Northeast action. You've got Boston to the north, New York City to the southwest, and the Atlantic Ocean as your backyard. It's like having your cake and eating it too – all the perks of New England living with easy access to big city amenities. Whether you're dreaming of a quiet country retreat or a bustling business hub, Rhode Island's got you covered.

2. A Buffet of Landscapes

For a state you can drive across in under an hour, Rhode Island packs in more variety than a box of assorted chocolates. We're talking:

  • Sandy beaches that'll make you forget about the Bahamas (okay, maybe not in February)
  • Rolling hills that look like they're straight out of a landscape painting
  • Lush forests perfect for getting your Thoreau on
  • Picturesque farms that'll have you humming "Old MacDonald" in no time

Whether you're a beach bum, a forest fairy, or a wannabe farmer, there's a patch of Rhode Island with your name on it.

3. Real Estate Market with Real Potential

Let's talk shop for a second. Rhode Island's real estate market? It's been holding its own and then some. Land values have been climbing steadily, especially in those postcard-worthy coastal areas. Now, I'm not saying you should expect to strike gold overnight, but if you're in it for the long haul, Rhode Island land could be your golden goose.

4. History Buff's Paradise

If you've got a soft spot for history, buying land in Rhode Island is like owning a piece of America's origin story. This place has seen it all – from colonial rebels to Gilded Age tycoons. Imagine owning a plot with a view of a centuries-old lighthouse or a field where Revolutionary War soldiers once marched. It's not just land; it's a time machine with property taxes.

5. Brainiac Central

For a small state, Rhode Island's got some serious academic cred. Brown University, Rhode Island School of Design (RISD), University of Rhode Island – the list goes on. If you've got kids (or you're a lifelong learner yourself), owning land near these brain trusts could be a smart move. Plus, all those students and faculty need places to live, so there's potential for some sweet rental income if that's your jam.

6. Farm-to-Table Heaven

Rhode Island's agricultural scene is like that indie band that's about to hit it big. Small-scale farming is having a moment, and Rhode Island is center stage. The climate's great for growing all sorts of goodies, from apples to zucchini. And with the whole locavore movement gaining steam, owning farmland here could put you ahead of the curve. Who knows? You might be the next big thing at the farmer's market.

7. Mother Nature's Playground

If you're the outdoorsy type, Rhode Island is like a giant natural theme park. We're talking:

  • Hiking trails that'll give your Fitbit a workout
  • Fishing spots where the fish practically jump into your boat (results may vary)
  • Kayaking routes that'll make you feel like a modern-day explorer
  • Bird-watching opportunities that'll turn you into an inadvertent ornithologist

Owning land here means having nature's greatest hits album right in your backyard.

8. Zoning Laws That Won't Make You Pull Your Hair Out

Now, I know zoning laws aren't exactly dinner party conversation, but hear me out. Rhode Island's got a pretty good balance when it comes to land use regulations. They're serious about preserving the state's natural beauty, but they also get that development is part of the game. This means you've got options, whether you're dreaming of a personal Eden or the next big business park.

9. Small State, Big Heart

One thing you'll notice about Rhode Island? The sense of community is stronger than the coffee milk (that's a local beverage, by the way – don't knock it 'til you've tried it). Whether you're in a quaint village or the heart of Providence, you'll find people who take pride in their neighborhoods and welcome newcomers with open arms. It's like Cheers, but instead of everyone knowing your name, they're inviting you to the next clambake.

10. Green Isn't Just the Color of Money

If you've got a green thumb, Rhode Island's focus on sustainability might be right up your alley. The state's big on renewable energy, eco-friendly building, and preserving open spaces. Buying land here means you could be part of the solution, not the pollution. Plus, going green could mean more green in your pocket down the line.

Final Thoughts

So there you have it – ten reasons why buying land in Rhode Island is like finding a four-leaf clover in a field of opportunities. But let's keep it real for a second. The land market can be trickier to navigate than Providence's street layout (trust me, it's confusing). Prices can swing wildly depending on where you're looking, and sorting through local regulations can feel like learning a new language.

That's where the pros come in handy. Companies like Land Boss, with their five years of experience and over 100 land deals under their belt, can be your GPS through the Rhode Island land market. They know the ins and outs, the ups and downs, and can help you find that perfect slice of the Ocean State pie.

Remember, whether you're buying or selling, do your homework. Research till your eyes cross, then research some more. Talk to locals, check out the area at different times of day, and don't be afraid to ask the tough questions. With the right approach (and maybe a little bit of that famous New England grit), you could soon be calling a piece of Rhode Island your own.

Who knows? You might end up loving it so much, you'll be saying "wicked" and cheering for the Patriots before you know it. (Okay, maybe that last part's optional.)

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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