10 Reasons We Love Buying Land in South Dakota
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By
Bart Waldon
South Dakota – a place where endless prairies meet rugged mountains, and opportunity seems as vast as the horizon. It's no wonder this hidden gem is turning heads among investors and nature enthusiasts alike.
So what's drawing folks to buy land in the Mount Rushmore State? Well, the numbers tell quite a story. The South Dakota State University Extension reports that non-irrigated cropland values jumped 18.7% from 2021 to 2022, reaching $4,791 per acre. And with over 43 million acres of agricultural land – that's nearly 90% of the state – South Dakota offers plenty of room for growth.
Let's explore the top 10 reasons why South Dakota land is becoming such a hot commodity:
1. Your Dollar Goes Further Here
First things first – let's talk money. In South Dakota, your hard-earned cash stretches like a prairie horizon. Land prices here are still a bargain compared to many other states. Sure, they're on the rise (because good news travels fast), but you can still snag a decent piece of land without selling your firstborn. This means you can go big or go home – literally. Think larger parcels or even multiple properties. It's like a real-life game of Monopoly, but with actual dirt.
2. Farming's Not Just a Hobby, It's a Way of Life
If you've got dreams of being the next farming tycoon, South Dakota's got your back. The soil here is so rich, you'd think it was hiding gold. Corn, soybeans, wheat, sunflowers – you name it, South Dakota grows it. And the best part? Whether you're a seasoned farmer or a city slicker with big dreams, there's a place for you here. The agricultural community is tighter than your grandma's apple pie crust, always ready to lend a hand or share some wisdom.
3. Mother Nature Outdid Herself Here
Let's be real – South Dakota is a knockout in the looks department. From the rugged beauty of the Black Hills to the endless sea of prairie grass, this state is like a greatest hits album of American landscapes. Buying land here isn't just an investment; it's like getting a front-row seat to nature's own art gallery. Whether you're into hunting, fishing, hiking, or just sitting on your porch with a cold one, admiring the view, South Dakota's got you covered.
4. The Tax Man Cometh... But Not Too Often
Now, here's something that'll make your accountant do a happy dance – South Dakota's tax situation is sweeter than a summer peach. No personal income tax, no corporate income tax, and no inheritance tax. It's like the state is saying, "Keep your money, we insist!" And property taxes? Generally lower than the national average. Ka-ching!
5. Your Land, Your Rules (Within Reason, Of Course)
South Dakota takes property rights seriously. Like, "Don't Tread on Me" flag serious. The laws here tend to favor landowners, giving you more control over your slice of paradise. Want to build a treehouse? Go for it. Thinking about starting a llama farm? Why not! (Just maybe check with your neighbors first.)
6. Riding the Wave of Economic Growth
South Dakota's economy isn't just growing; it's practically doing cartwheels. New industries are popping up like prairie dogs, bringing jobs and opportunities with them. For land buyers, this could mean your patch of dirt might be worth a pretty penny down the road, especially if you've got a good eye for up-and-coming areas.
7. Harness the Wind (and the Sun)
Ever seen a wind turbine up close? They're like gentle giants, turning prairie breezes into cold, hard cash. South Dakota is becoming a hotspot for renewable energy, especially wind farms. If you've got the land, you might find yourself with some extra income by leasing to energy companies. It's like farming the wind – how cool is that?
8. Water, Water Everywhere
In the land game, water is liquid gold. And South Dakota? It's sitting pretty. The Missouri River is like the state's main artery, and there are plenty of other rivers, lakes, and underground aquifers to go around. Whether you need it for crops, cattle, or just a nice spot to go fishing, South Dakota's got water to spare.
9. Life in the Slow(er) Lane
If you're tired of the rat race, South Dakota might just be your ticket to the good life. Low crime rates, friendly neighbors, and a pace of life that doesn't require three cups of coffee just to keep up. Cities like Sioux Falls and Rapid City give you a taste of urban living without the big-city headaches. It's like having your cake and eating it too – small-town charm with a side of modern conveniences.
10. A Buffet of Investment Options
Here's the beauty of South Dakota – it's got something for everyone. Want farmland that'll make your crops sing? Check. Looking for a scenic spot to build your dream cabin? You got it. Hoping to snag some land that might be the next big development? It's out there. From income-generating properties to your own personal retreat, the options are as vast as the South Dakota sky.
Now, let's keep it real for a second. Buying land is a big deal, and it's not all sunshine and rainbows. Do your homework, folks. And if you're on the other side of the fence, looking to sell land in South Dakota, know that it can be a tricky business. Selling vacant land often takes time – we're talking 1-2 years – and it takes some serious marketing mojo to get top dollar.
That's where companies like Land Boss come in. With 5 years under their belt and over 100 land deals done, they've seen it all. They buy land for cash, which can be a lifesaver if you need to sell quickly. Sure, their offers might be below market value, but for many, the convenience is worth its weight in gold.
Final Thoughts
At the end of the day, whether you're buying or selling, South Dakota land is hot property. It's not just a purchase; it's an investment in a lifestyle, a future, and a piece of American history. So, are you ready to claim your piece of the Mount Rushmore State? The prairie's calling – time to answer!