What we "city slickers" need to know about country properties
Many buyers consider a country residential property as their
“Oasis” to get away from the density, traffic and hustle and bustle of our
urban and suburban neighbourhoods.
Fortunately, we have many excellent “country suburbs” or sub-rural
residential areas within an easy commute of our city.
We opted for this lifestyle ourselves many years ago, before
entering organized real estate and now feel we have many, many “lessons
learned” to share with buyers considering a move to the solitude of the
country.
There is no arguing the appeal of the larger lots, wide open
spaces, greenery, fresh air and relative tranquility that one finds in very
close proximity to the city. We enjoyed
our 9 year stay in Greely immensely and would recommend this lifestyle for
those willing to accept that there are many differences from living in an urban
or suburban home. In no particular
order, here are some of the things that country buyers should consider:
Commuting
time, costs and remoteness:
Most country buyers will consider the additional costs of
commuting in time, car depreciation and operating costs but some don’t realize the degree of remoteness and
how that may affect their lifestyle. In
families where one parent travels extensively for work, this can be a problem
as the “at home” spouse or parent can feel alone and remote.
Safety factors are one to be considered, for remote
properties or when one spouse travels extensively.
Proximity
to services:
How close and convenient is shopping, recreation, schools
and other services that the couple or family will need? What about children’s sports and other
activities?
Future
Career or family plans:
Many a couple has purchased a country property only to find
that career plans or family changes have really complicated the choice of
location and within a short time are looking at a costly move “back to town”.
Maintenance
time and cost:
A larger lot property comes with a host of incremental
maintenance issues from as simple as lawn maintenance and snow removal to more
complicated issues such as wells, sump pumps, septic tanks, generators, well
and water systems, snow removal, tree maintenance and more. We have seen many a buyer who has trouble
keeping their small suburban yard’s grass cut yet is reaching out to embrace
the extra time required to maintain a large lot property.
Living
on well and septic is different:
Property taxes are quite a bit cheaper for a country
residential property but there are many good reasons for it. Not the least of which are the various
potential issues with living on a private well and septic system. No room to go in to detail here but suffice
it to say the last quotes we saw for a new septic system were between $25,000
and $35,000 and well and water system equipment in a home can easily run $7,500- $10,000 or more.
Utilities:
Consumers serviced by Hydro One (as opposed to Ottawa Hydro)
pay higher rates. Natural gas may not be
available, so heating choices may include costlier propane, oil or high
maintenance wood heating.
High speed internet is available in most places but may
include a requirement for an antenna or may be problematic for business owners
with an established Rogers or Bell business email address.
Wildlife:
There is a definite allure to being closer to nature in a
country property and many look forward to feeding the birds, enjoying the
chipmunks or deer etc. but there are also many other factors on how the
presence and type of wildlife may affect a family and their pets, gardens and
trees or shrubs.
Recreation:
Lots of people move to the country for different
reasons. Some may choose to hike, bird
watch, cross country ski or snowshoe while others may choose the snowmobile,
ATV, dirt bike etc.
Necessity
and cost of home inspections:
Our last couple of country home purchasers found it
necessary to invest up to $2,000 for up to 5 separate inspections to ensure the
functioning level of various household systems.
This is necessary, as there is very little regulation for private wells
and septic systems post installation with operation and maintenance left up to
the homeowner. It can also be a “caveat
emptor”(let the buyer beware) situation, so a buyer should be represented by a
knowledgeable REALTOR® with appropriate/referenceable
inspection experts available.
If you are shopping for a country property and want a
qualified brokerage to help you make your best buying decision, please give us
a call if you are not already working with another REALTOR® via a Buyer
Representation Agreement.
* not intended
to solicit those with existing representation agreements
Gord McCormick, Broker of Record
Dawn Davey, Broker
Oasis Realty Brokerage
613-435-4692
oasisrealty@rogers.com
www.oasisrealtyottawa.com