All over the country, farms can be found housing a total of millions of horses. If you’re interested in owning a horse farm, knowing some of the basics can help you decide if moving forward with a land purchase to house horses is the right step for you.
Investors usually see a steady flow of income when they invest in horse properties, as equestrian farms usually have consistent interest surrounding them.
Between renting stalls out to horse owners, offering classes, or charging visitors to view the animals for the day - there are many ways for a horse farm to be profitable.
As horses are large animals, they need plenty of space to thrive. It’s best if the land has plenty of grass for them to graze on. It’s vital for the property and land to have good water drainage, so the land doesn’t become too muddy.
It’s recommended to have at least two acres of land per horse. Five acres of land may be ideal for 2 horses; however, if you’re planning to grow your equestrian farm, you may want to consider purchasing a larger amount of land. By consulting your county rules, you can see land requirements and establish if there’s a limit on how many horses you may have.
Owning an equestrian property is a large commitment, however by doing your research and collaborating with a real estate agent, you can start the journey to owning a horse farm.
Lynn Butterfield is an Associate Broker at Coldwell Banker and is a Certified Real Estate Negotiator. Mr. Butterfield has 41 years of experience in real estate sales and development. His vast experience ranges from luxury sales through commercial sales and leasing. Perhaps more importantly, he focuses his attention on client success, whether he's helping someone buy their first home, or working with a developer seeking assistance to create and position a large project in the marketplace. One recent client said, "Working with Lynn is almost like working with a Real Estate Attorney, because he knows exactly what to look for, so you can be protected!" Another first-time home buyer just said, "I needed someone to hold my hand through this because it's the largest investment we'll ever make! I know he isn't in this just to make a quick buck. He really cares about his clients!"
Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. He would be honored to put his real estate experience to work for you.