Mistakes to Avoid When Buying Land in Maine

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Mistakes to Avoid When Buying Land in Maine
By

Bart Waldon

Imagine standing on a plot of land in Maine, the crisp pine-scented air filling your lungs as you envision your dream home or getaway nestled among the trees. It's an exciting moment, but pump the brakes for a second. Buying land in the Pine Tree State isn't always a walk in the park (or forest, in this case).

Maine's real estate scene is heating up, folks. The Maine Association of Realtors reported a 12% jump in median sales prices for land and lots in 2023 compared to the previous year. And get this – nearly a third of land purchases in the last five years were made by out-of-staters, according to the Maine Center for Economic Policy. Clearly, Maine's got something special going on.

But before you start planning your lobster bakes and leaf-peeping adventures, let's talk about some common land-buying blunders that could turn your Maine dream into a nightmare. Trust me, I've seen it all in my years in the business, and I'm here to help you avoid the pitfalls.

1. Zoning Surprises: Don't Get Caught with Your Plans Down

Here's the thing about Maine – it's got more flavors of zoning than L.L. Bean has flannel shirts. And if you don't do your homework, you might end up with a plot of land that's about as useful to you as a snowblower in July.

  • Shoreland Shenanigans: Think you can plop your dream cottage right on that picturesque lakefront? Think again. Maine's shoreland zoning laws are tighter than a lobster's grip.
  • Resource Protection Zones: Some areas in Maine are more protected than a moose during hunting season. Make sure your grand plans don't run afoul of these restrictions.
  • Farm Fantasies: Dreaming of your own little homestead? Better make sure that land is zoned for agricultural use, or your chicken coop dreams might get scrambled.

Pro tip: Buddy up with the local planning office or a savvy real estate attorney. They'll be your best friends in navigating the zoning maze.

2. Access Denied: The Road Less Traveled (Because It Doesn't Exist)

Maine's charm often lies in its remote beauty. But that same remoteness can bite you in the backside if you're not careful.

  • Seasonal Road Surprises: Some roads in Maine hibernate harder than bears in winter. Make sure you're not buying a property that becomes Fort Knox once the snow flies.
  • Private Road Dramas: If your slice of paradise is off a private road, get ready for some potential neighbor negotiations. Shared maintenance agreements can be trickier than deciding who brings what to a potluck.
  • Driveway Disasters: Building a driveway on steep terrain can cost more than a lifetime supply of lobster rolls. Factor that in, folks.

3. Water Woes and Septic Snafus

Unless you're planning to live like a true woodsman (no judgment here), you'll need to think about the less glamorous aspects of rural living: water and waste.

  • Well Worries: If you're relying on well water, get it tested. You don't want your morning coffee tasting like a science experiment gone wrong.
  • Septic System Scrutiny: For properties with existing systems, hire a pro to take a look. A failing septic system is about as welcome as a skunk at a garden party.
  • Perc Test Predicaments: Building on undeveloped land? Make sure it can handle a septic system, or you might be in deep... well, you know.

4. Hidden Treasures (Or Headaches): Mineral Rights and Timber Talk

In Maine, what's under your feet can be just as important as what's on the surface.

  • Mineral Rights Mysteries: Make sure you're not buying land that someone else has the right to dig up. Talk about an unwelcome surprise.
  • Timber Trials: Got trees? They might be worth more than you think. Or less. Either way, know what you're getting.
  • Conservation Conundrums: Some land comes with strings attached. Conservation easements can limit what you can do faster than you can say "Paul Bunyan."

5. Mother Nature's Fine Print

Maine's natural beauty is unparalleled, but sometimes Mother Nature has her own agenda.

  • Wetland Woes: Wetlands are great for ducks, not so great for development. Know what you're dealing with.
  • Endangered Neighbors: Some critters have more rights than you do. Make sure your land isn't a protected habitat, or your building plans might go extinct.
  • Flood Zone Fiascos: Check those FEMA flood maps, or you might need to invest in a personal ark.

6. The "Hidden" Costs of Raw Land

Raw land can look like a bargain until you start adding up all the extras.

  • Utility Adventures: Bringing power and water to your slice of paradise can cost more than the land itself. It's like paying for a five-star hotel and then finding out Wi-Fi isn't included.
  • Tree Trauma: Clearing land can be pricier than a shopping spree at Bean's. Those trees don't just uproot themselves, you know.
  • Permit Purgatory: By the time you're done paying for permits, you might feel like you've funded a small government. Budget accordingly.

7. The Hasty Land Grab

I get it, you're excited. But buying land in Maine isn't like grabbing the last whoopie pie at a bake sale. Take your time, do your homework.

  • Survey Says: Get a professional survey. Property lines in Maine can be as crooked as a politician's promise.
  • Title Troubles: A thorough title search is crucial. You don't want to find out your dream property comes with a side of legal drama.
  • Market Savvy: Understand local land values. Maine's land market can be as unpredictable as New England weather.

8. Seasonal Mood Swings

Maine's seasons are like that relative who visits and overstays their welcome – dramatic and impactful.

  • Winter Woes: Understand your snow removal responsibilities, or you might end up building igloos instead of dream homes.
  • Spring Surprises: That dry patch in August might become Lake Mini-Maine come spring thaw. Visit in different seasons if you can.
  • Hunter's Paradise (Or Problem): If Bambi is your spirit animal, be aware of local hunting seasons. They might affect your outdoor yoga sessions.

9. Crystal Ball Gazing: Future Development

You might be seeking solitude, but that doesn't mean the rest of Maine got the memo.

  • Development Detective Work: Check local plans for future development. Your peaceful retreat today could be suburban sprawl tomorrow.
  • Neighbor Know-How: Understanding how neighboring properties might change is crucial. You don't want your view of Mount Katahdin replaced by a view of Mount McMansion.
  • Economic Homework: Research local economic trends. They can impact land values faster than you can say "lobster roll."

10. Going Solo in Moose Country

Listen, buying land in Maine isn't like picking up souvenirs at a gift shop. You need a team.

  • Local Real Estate Gurus: Find an agent who knows land sales in your target area better than they know their own backyard.
  • Legal Eagles: A good land use attorney is worth their weight in blueberries when it comes to navigating Maine's complex regulations.
  • Surveyor Savants: Local surveyors know the lay of the land (literally) and can save you from boundary-related headaches.

Final Thoughts

Buying land in Maine is like embarking on a wicked awesome adventure. It's exciting, potentially rewarding, but not without its challenges. The land market here can be as unpredictable as a moose in a china shop, and figuring out true market value can be trickier than pronouncing "Passagassawakeag" (it's a real place, look it up).

Companies like Land Boss, with their five years of experience and over 100 land transactions, can be a valuable resource. They've seen it all, from coastal gems to deep woods retreats. Whether you're dreaming of building your own lighthouse (okay, maybe just a nice cottage) or starting the next great Maine blueberry empire, taking the time to navigate these potential pitfalls will serve you well.

Remember, patience is key. Rushing into a land purchase in Maine is like trying to eat a lobster without a cracker – frustrating and potentially messy. Do your research, lean on local expertise, and approach your purchase with the same caution you'd use navigating a canoe through rapids.

By steering clear of these common mistakes, you'll be well on your way to making a sound investment in a piece of Vacationland. Who knows? With the right approach, you might just find your own little slice of Maine paradise. Just don't forget to invite me to the housewarming lobster bake!

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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