Key Factors to Consider Before Buying Land in Arizona

By Travis Bard

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Land is a unique type of real estate. After 25 years of guiding buyers and sellers through the complexities of land transactions, I’ve learned that investing in land can be both rewarding and challenging.

Buying land isn’t as straightforward as buying a house. Many real estate agents shy away from land deals because it’s not their comfort zone. Hidden covenants, zoning regulations, and even the depth of your well can significantly impact your investment.

Whether you’re a first-time buyer or a seasoned investor, grasping these details is essential before purchasing. Here’s what you need to know:

Location and timing matter. You’ve probably heard the saying in real estate: “location, location, location.” However, it’s more about location and timing. I’ve witnessed buyers invest in obscure areas that later became prime locations as development spread.

Whether your goal is a future home, a weekend getaway, or an investment, understanding the area’s growth potential is crucial. Ask yourself: Is this land situated in a place that could appreciate in value over time? Partnering with someone knowledgeable about regional trends can make a significant difference.

Zoning and restrictions. One of the first things I evaluate when assisting buyers is zoning. Zoning tells you what you can do with the property, whether it’s residential, commercial, or agricultural. However, you must also check for covenants and restrictions (CCRs). These rules, often established by previous owners or developers, can limit your options, such as dictating minimum lot sizes or prohibiting mobile homes.

What’s the difference between CCRs vs. HOAs? A common misconception is that CCRs and homeowners’ associations (HOAs) are the same. Just because there’s no HOA doesn’t mean there aren’t restrictions.

In Arizona, very few parcels are free of some form of CCR, even if they date back decades. For example, zoning might permit two-acre lots, but CCRs could require a four-acre minimum. Not checking these details can result in unexpected issues, like discovering that existing rules block your plans to split the land.

Water access and water laws. This is a critical factor in Arizona, and its complexities can be surprising. I’ve dedicated years to studying water law and the underground dynamics of our region. Some areas enjoy robust water availability, while others face significant challenges. If you plan to drill a well, it’s vital to understand how deep you’ll need to go and what to expect.

Water laws are continuously evolving, and assumptions can lead to costly mistakes. For instance, I once assisted a buyer who discovered their land lacked a reliable water source, shattering their dream of building a home. Don’t let that happen to you. Work with someone who understands local water issues.

Don’t take things at face value. Sometimes, the seller may not even know all the details about their land. That’s why it’s essential to collaborate with someone who knows how to investigate every angle. We need to examine zoning, CCRs, water access, and more to ensure there are no surprises.

Land is a finite resource—there’s no more being created. This scarcity presents a great opportunity. It’s not just about purchasing land; it’s about acquiring the right land that aligns with your goals.

I suggest you partner with someone who truly understands land in Arizona. With my experience and expertise, I can guide you through the process, help you avoid pitfalls, and ensure your investment aligns with your dreams.

Whether you want to build, recreate, or hold for future appreciation, contact me at (928) 710-7007 or travis@legacyren.com. I’m here to help you make the right choices.