If you are new to horse ownership and want to buy a big property where you can pursue your passion for owning a horse, let’s get one thing straight from the start. Buying a horse property isn’t only about securing a large land.
There are many things you need to consider from horse care facilities to climate, location, and how expensive it is.
Therefore, choosing the perfect US State to buy a horse property is quite an important question. Some states have rich horse culture, making it easier for you to find all the necessary things to build a proper stable, while others are limited and will cost you more money.
Perhaps some horse racing enthusiast were expecting to see Kentucky in this list, but even though the Kentucky Derby odds are interesting for bettors, they are not so much for real estate investors.
We will take a look at some of the best US States to buy horse property in, as well as all the things you need to consider before buying one.
How to Choose the Perfect Property
First off, the equestrian property market isn’t just about finding a patch of land with a barn anymore. It’s evolved.
Nowadays, buyers want properties that offer them a glimpse of their ultimate equestrian lifestyle, complete with eco-friendly facilities and a community vibe, as well as accessibility to all the important resources and facilities.
And let’s not forget, everyone’s looking for larger pastures because, hey, horses like room to run too.
Owning a Horse Stable is Expensive
It’s no secret that horse ownership can put a dent in your wallet. You’ve got upkeep costs like grooming, feeding, and potentially boarding fees.
Additionally, we have some sneaky expenses like taxes and insurance, which can cost you a lot of money.
So, if you are not attached to a certain location, choosing a state with lower taxes, and less competition for land, might lead you to finding a better deal. Plus, cheaper options don’t usually sacrifice quality. Meaning that a land just because it is expensive is better – which is not the case, especially not when building a horse stable.
Cheapest US States to Buy Horse Property
There are some places in the US perfect for buying a horse property on a budget.
Alabama, Tennessee, Arkansas, Louisiana, Mississippi, South Carolina, Florida, Kentucky, Oklahoma, Kansas, and West Virginia are the lowest-cost states for horse property. In these states, a moderately large horse farm may be purchased for less than $100,000.
For example, in Alabama, you might acquire a three-acre lot with a barn and other facilities for around $50,000, yet in Tennessee, you could get a 6-acre lot with identical amenities for roughly $70,000.
Not only do these states provide outstanding value for money, but they also have favorable conditions that allow for year-round riding and training.
Furthermore, many of them provide extra benefits such as tax rebates, making purchasing even more reasonable. These qualities make these states ideal for anyone searching for a low-cost option to own and care for horses.
Most Expensive US States to Buy Horse Property In
The first thing to remember is that the cost of horse property is determined by location, size, and amenities.
A horse property in California, for example, may be far more expensive than one in Montana, despite the fact that both estates are roughly identical in size and amenities. That being stated, let’s look at some of the most expensive states for horse properties:
Obviously, Hawaii tops our list, with the average price of a 10-acre property reaching $4 million or higher!
Other expensive states include California, which costs between $1 million and $3 million; Connecticut, which costs around $2 million; Massachusetts, which costs $1.5 million; New York, which costs around $2 million; and finally, Maryland, Virginia, Washington, D.C., Delaware, and Rhode Island, all of which cost more than $1 million per ten acres.
Top Choices
Greenville, South Carolina
Greenville, South Carolina, is arguably one of the greatest places for horse ownership due to the number of accessible equestrian properties. The city boasts several horse farms and gear facilities that cater to equestrians of all skill levels.
Horse estates in Greenville, SC allow you to own and nurture your own horse or pony and compete in the country’s most prominent equestrian shows.
There are large stretches of pasture with lots of freedom to move and groom, and many people like the equestrian estates, which allow them to fully appreciate the natural beauty of the highlands. The wide range of pasture land and equestrian properties makes it easy to identify the ideal location for purchasing a horse property.
Middleburg, Virginia
Middleburg, Virginia, is another excellent city for horse owners. It is regarded as one of the greatest places to buy and lease horses. There are several reasons why this city is regarded as one of the greatest in the world for doing business in horse property lease and purchasing.
One of the primary reasons why Middleburg is an excellent choice for horse property is that it provides all of the facilities and safety features that horse owners want.
Wellington, Florida
Wellington, Florida, is ideal for those seeking a peaceful and comfortable setting. You will discover everything you need in an outdoor living space, including stunning views of the Gulf of Mexico.
In addition, there are several equestrian assets available, such as barns, stables, and horse trailers. Whether you have a large or tiny horse, you may locate a fantastic piece of land to call your own, but make sure you understand your property rights in the state.
