So it turns out that Arkansas, the Natural State, is a hidden gem for people who want to buy land and build a home amidst natural beauty. Whether you long for excellent rolling lots and beautiful land or crave for the fresh air and tranquility of the stretch small-town of Arkansas have it all. If you’re looking to put down roots, purchase an investment property, or design the home of your dreams, South Dakota has a lot to offer in the way of cost, location, and beauty.
In this guide we will take a look at the Best Places to Buy Land in Arkansas, along with some helpful tips for finding trusted builders and loan programs so your dream home can become a reality.
Bentonville
The fastest-growing city in Arkansas is Bentonville in Northwest Arkansas. Formerly a sleepy town, Bentonville has become a cultural and financial center in part because Walmart is headquartered here. It has a combination of suburban convenience and natural beauty: trails, parks and art museums like Crystal Bridges. The need for plots is intensifying, but there remains a chance to snap up sites for custom builds in the surrounding countryside, without breaking the bank.
Fayetteville
Fayetteville, a prosperous college town, is the home of the University of Arkansas. It is a well-regarded community among retirees, families and young professionals for its rich downtown scene, outdoor opportunities and amiable population. The regions have a selection of land in urban and rural areas. With its established infrastructure and close proximity to local amenities, it is a popular destination for those who want to buy land and construct a permanent home.
Hot Springs
Known for its natural thermal springs, Hot Springs is a one-of-a-kind destination with a rich history and interesting community. Land for sale in the area offers access to the stunning Ouachita Mountains as well as Lake Hamilton and historic downtown sites. It is a great place for those who enjoy nature and want a calmer pace of life. Land prices remain cheap in comparison to other tourist friendly cities so it is of interest as an investment for future home buyers.
Mountain Home
Mountain Home This town boasts beautiful vistas and peaceful living amidst the Ozark Mountains. Top Pick in Real Estate Ross Compton Intentionally remote this town in northern Arkansas is a favorite of retirees and seekers of solace, surrounded by lakes like Norfork and Bull Shoals. With low property taxes and land available on the cheap, it’s a perfect place to build a peaceful getaway, or vacation home.
Conway
Just 30 minutes from Little Rock, Conway, which is called the “City of Colleges,” has the feel of a small town, with proximity to urban amenities. It is one of the fastest growing states in the nation, aided by a sturdy education system and lots of tech companies and a business-friendly atmosphere. Plenty of open land is available at the edge of town, making this a great place for custom homes yet to be built.
Eureka Springs
If you want something a little more artsy and eclectic, Eureka Springs is where to go. Situated in the Ozarks, it’s a historic town where Victorian-style homes, artisan shops and winding streets are no rarity. Back inside city limits, lots are generally smaller, and sloped, but larger parcels just outside town is great for building a cabin or a one-of-a-kind custom home in a wooded lot.
Little Rock Suburbs (Bryant, Benton, Maumelle)
Great value can be found in the suburbs of Little Rock, best for those who’d like to keep near the state capital without being in the thick of things. Bryant and its neighbor Benton, for example, are coveted by families for their top-rated school systems and proximity to city life. Land costs are still moderate, and areas around the edges of the city are still ripe for custom homes.
Bella Vista
As a former retirement village, Bella Vista has become a hotspot for families and those working remotely. The region is famous for its miles of trail systems, gold courses and waterways. It has a combination of build-ready lots and raw acreage set amid scenic natural beauty.
Tips for Buying Land and Building Your Dream Home
Buying land and building a home in Arkansas is a significant milestone and the process can be a breeze if you’re prepared with the proper tools and information.
If you’ve ever wondered, How can I find custom home builders near me?, begin by studying local builder directories, reading online reviews and touring model homes in your preferred area. Here, though, you do need to look for a builder whose vision aligns with yours, who has a significant portfolio, and who has worked with local zoning and building codes previously.
Little Rock AR VA Loans For veterans and those currently serving in the military, a VA loan could be an attractive option. These loans, backed by the government usually have competitive interest rates, no down payment and lower closing costs. They can also be used for homes in construction as well as for purchases, which is convenient if you’re buying land and building from the ground up.
To finance both the land and the construction, you’ll need to work with VA construction loan lenders. These lenders specialize in this type of loan and therefore will help you navigate the lending process. They’ll assist you with everything from land acquisition to builder approval and loan-disbursement schedules.
Yet another key process is in selecting VA builders approved so that your home will adhere to the high standards and policies of the Department of Veterans Affairs. These builders have experience working with VA loans and understand how to manage inspections and paperwork in an organized manner, so you can take comfort in knowing your time and frustration will be reduced during the entire construction process.
Final Thoughts
Little Known Facts, Arkansas is a Great Place to Buy Land and Build Your Custom Home. Whether you’re attracted to the artsy attitude in Eureka Springs or the economic boom in Bentonville or the peace and quiet of a lakeside hamlet such as Mountain Home, you can find the ideal place to nest in the state, in every lifestyle and price range.
Now is the perfect time to invest in land and build your future in Arkansas with cheap land and the natural beauty of its landscape and growing communities. You can make the process of building your dream house easy, affordable, and rewarding by teaming up with reliable builders and learning about financing ideas such as VA loans and construction lenders.