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3 Tips for Buying Land in Maine
by Caroline Kirby
Serene coastlines. Juicy lobster. Breathtaking state and national parks. Whatever your reasons for wanting to buy land in Maine, there are a lot of benefits to setting down roots in the Pine Tree State. This is especially true for those looking to purchase agricultural land since at an average read more…
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Maine is the only state in the Lower 48 that borders only one other state. That paucity of neighbors is a theme carried over to land in Maine’s interior, which is largely uninhabited. This is a place of rounded mountains and deep glacial lakes. Moosehead Lake on the eastern slope of the Appalachian Mountains is one of New England’s largest land-locked bodies of water.
Maine – the only state with a single syllable – comes by its nickname, “The Pine Tree State,” honestly. More than 90 percent of the state is forested and much of that timberland harbors low-bush blueberries; Maine is the nation’s number one exporter of this native American fruit. Those trees that aren’t pines are likely to be maples – Maine is America’s third-largest producer of syrup. For property that has been cleared for cropland look all the way north to Aroostook County and its celebrated potato fields.
But most land buyers in Maine are not looking to work the property – they come to relax in Vacationland, as the license plates imply. Hunters stalk big game such as deer, moose, and bear. Sport fishermen cast into tree-ringed lakes and everyone waits for the snow to fall (four to five feet per year on average) to break out the cross-country skis and snowmobiles.
For those with Bush money (the family compound is in Kennebunkport in Downeast Maine) or Rockefeller money (the state’s unrivaled Acadia National Park was donated by the family), you can explore the land on Maine’s 230 miles of famous rocky coastline. The lots won’t be large but what they lack in size they will make up for in unforgettable views. Many of the more than 3,000 islands off the Maine coast are private and often come on the market as well.
Frequently Asked Questions
Maine is a state situated in the extreme north of the northeastern part of the United States. To its southeast, it has the Atlantic Ocean. It shares an international border with Canada. With New Hampshire to its west, Maine is the only state that shares a boundary with only one other state. Augusta is the capital of the state. Portland is the most populous city. Other famous cities in the state are Waterville, Bangor, Lewiston, and South Portland.
Some Facts About Maine
- Eastport is the easternmost city of the country. It is believed that this city is the first one to receive the sun’s rays each morning.
- The state is the only state in the country that has one syllable in its name.
- Almost 90% of the lobster supply is from Maine. The state also produces 99% of the blueberry supplies.
- The second most visited national park is the Acadia National Park.
- The state is nicknamed as “Pine Tree State”. This is because of the pines that were present in abundance in the state forests.
- The Maine coastline has so many deep harbors, it is believed that all the navies in the world could anchor there.
- National and State Parks occupy about 542,629 acres of land in Maine.
- There are 16 counties in the state.
- The honeybee is the insect of the state.
- The lobsters exported from Maine have earned worldwide fame for their flavor.
Why Should One Buy A Property/House In Maine?
Maine is a beautiful place with a low cost of living. Maine is a very safe state. It’s crime stats are much lower than all other states in the country. The beaches are clean and spectacular. There are plenty of employment opportunities in Maine. Maine is perfect for people who like a slow pace of life, and want to live a life of solitude. Nature lovers will find this state as a heaven on earth as they can dive into its wilderness. If you want to settle here with your family, then this is a good place as the schools are good.
How Is The Climate In Maine?
According to Köppen’s climate classification, Maine has a humid continental climate. Summers are humid and warm. The temperature during summers can go up to 85-degree Fahrenheit. Rainfall is distributed evenly throughout the state with more precipitation in summers. Tornadoes and thunderstorms are rare.
What Is The Cost Of Living In Maine?
Maine is similar to other states in terms of the cost of living. The cost of living index in Maine is 96.5. An index higher than 100 means the state is expensive, whereas, an index is less than 100 means the state is cheaper than other states. As we can see from the index of Maine, we can conclude that Maine is cheaper than most other states but not by a significant margin.
What Recreational Activities Can Be Done In Maine?
Since beaches are the main attraction in Maine, water-related activities are prevalent in Maine. Rafting, water skiing, ATV and bike riding are some popular activities. There are many national parks too. Libraries, restaurants, and theme parks are an option as well.
How Is The Real Estate Market Performing In Maine?
Maine is an amazing place to invest. The average home value is $237,100. This is a 3.8% rise from last year. It is anticipated that it is further going to rise by 3.2% next year. The average listed price in Maine is $250,000. The average list price per square foot is $170. Whereas, the average rent is $1,700.
Maine is a perfect place for retired people to settle in. However, it is gaining importance among the youth as well.