It’s easy to let your mind wander about all the fantastic opportunities for making money from vacant land in Alberta, even just a tiny plot of land. What a delight it is to daydream about the independence of self-employment, the thrill of developing the land, or even enjoying passive income as a landlord! Owning vacant land has the potential to be spectacular, but even if you don’t have a large piece of land, you can still make something out of what you have.
If you’re a landowner, we’ve compiled a shortlist of quirky ideas for making your private property lucrative while also adding excitement to your everyday life. A few of these tips are small chores, while others are large, comprehensive undertakings. Maybe you didn’t know some of the possibilities for increased revenue as a result of investing in vacant land. That’s why we’ve thrown in as many unique ideas as we can, big and small. Perhaps you’ll find something that motivates you!
1. Rent The Land To Organizations That Are Looking To Establish A Community Garden
Since not everyone has the room to plant a garden at home, community gardens are trendy these days. If a few households become interested, they’ll likely share this information with their friends. Because each family contributes a percentage of the land rent, you’ll start making money right away. More importantly, you’re also contributing to the community. There are other types of organizations that can utilize vacant land as well.
2. Provide An Indoor Or Outdoor Storage Space
Believe it or not, some people have purchased a boat but have never considered where they will store it when it’s idle. Perhaps their garage is full, and they need a place to store excess lawn maintenance tools. An infinite number of instances like this can be remedied if you have indoor or outdoor storage space. Plus, if you have the means and the capacity, offering indoor storage can be profitable and requires minimal maintenance on your part.
3. Use It For Recreational Activities
If you have a substantial property, it may work in your favour to use it for different recreational activities such as four-wheeling, snowmobiling, dirt riding, mountain biking, and other leisure activities. These properties require little to no redevelopment and need very little upkeep. Best of all, utilizing that vacant land Alberta has for recreational purposes can be a whole lot of fun!
Alternatively, if you want a more relaxed leisure activity, invite your friends and family members and enjoy an evening of eating good food and bonfires. Not a bad way to spend a night of excellent, wholesome, not to mention inexpensive entertainment!
4. The Preservation Of Wildlife
Preserving your property is the simplest yet most meaningful thing that you can do with it. After all, it’s your property, and you have every right to defend it. You can set aside a section of land for hunting, picnicking, camping, or even fishing. Meanwhile, some landlords are content to purchase land and restore it to its natural state. They can even farm a tiny portion of it while leaving the remainder to the whims of Mother Nature, with lots of trails for children and dogs to enjoy! If you have any interest in environmental conservation, this could be a fantastic fit for your property.
Are You Looking To Sell Or Acquire A Piece Of Vacant Land That Alberta Has?
There are a plethora of other ways to put that vacant land Alberta has to great use. If you’re prepared to think outside the box and consider all of your options—including those that aren’t immediately apparent—you might be amazed at what you can accomplish with a plot of dirt that would otherwise go unnoticed by the general public. If you’re looking to acquire or sell land in Alberta, get in touch with the experts at Hansen Land Brokers Inc. in Alberta. With nearly 30 years of experience, they are proficient in buying and selling agricultural, development, investment, and transitional properties across Alberta.