Arizona offers diverse land investment opportunities, from raw desert parcels to rural plots suitable for manufactured homes or luxury custom builds. While finding land isn’t difficult, identifying a worthwhile investment requires careful consideration. This guide highlights crucial factors to consider specifically in Arizona, although many points apply elsewhere.
Be vigilant about land fissures, potential drinking water issues (well depth and future availability), natural washes (especially those rerouted due to construction), and flood plains. Hillside or mountain-adjacent properties may incur higher foundation costs due to ground movement. High-speed internet access can also be a challenge, potentially requiring reliance on cellular data.
If you envision a property for horses or other domestic animals, thoroughly research local ordinances. Recently annexed land, like some areas in Surprise, AZ, may have unexpected restrictions on farm animals, even if neighboring properties have a history of keeping them. This can significantly impact your plans.
Water conservation is paramount in Arizona’s desert environment. Existing wells may require deepening as surrounding areas develop. Large subdivisions can rapidly lower the water table, necessitating modifications to your well, storage tank, and well depth to maintain water access.