With rising interest rates and challenges in securing new properties for development, many are wondering—what will the next few years look like for those interested in developing properties?
After more than 25 years in the land development space, I’ve seen my fair share of industry shifts, trends, and even dips. Now, working closely with landholders who are eager to develop, I see one thing to be true:
** Now may not be the best time to buy —but it IS the ideal time to add value to lands you already own.
So many Canadians are sitting on huge tracts of land. Holdovers purchased by past generations, with no real plan or vision for future development.
They know in their heart of hearts that they could leverage this property to build wealth, nourish their community, and create a lasting legacy…
…but they don’t know how. Perhaps they:
* Are confused about the whole process. Should they develop? Sell? Who can they talk to? Who can they trust?
* Need support with securing funding. They have the land, but they don’t have a large enough cash reservoir to develop independently, and they aren’t sure where to find funding.
* Want to make sure that whatever they develop honours their values. They want a plan for the land that feels meaningful, useful, and in alignment with what really matters to them.
If this is the case for you or for your clients, Step 1 is optimizing the value of the lands you already have access to.
NOW is the time to get clear on your vision, get organized, and create a plan with your stakeholders—so that when it comes time to develop, you can capitalize on the true value of the property and strike while the iron is hot.
Questions about what this looks like? Then you’ll want to grab my new free resource—the Development Feasibility Workbook.
Download it here.
This workbook walks landholders through my step-by-step process for envisioning what’s possible for a property + beginning to build a plan for the future of your lands.
Download it today and go from ‘uncertain about next steps’ to ‘ready to take action’ in just a few hours.
Excited to hear what you uncover,
❤️ Tegan
PS – Please feel free to share this resource with your community! If you have peers or clients who are landowners + might be interested in developing, share this link so they can grab their free copy of the Development Feasibility Workbook as well.
PPS – If you’ve already grabbed the workbook – fantastic! Can I ask you for some quick feedback? It will take about 2 minutes + will be instrumental in helping me to update it and create more valuable free resources for you in the future. Click here to share your thoughts.