I am new to this so please help me out. I am purchasing an agriculture land, however current zoning is A1 (Agriculture). Now, the place is growing and city has an official plan for surrounding area as residential etc. Expect this property, So I called municipality of the city to find out further. I acquired if this property will be residential zoning in the future, she said, "I would not anticipate on that", now I do not know what that exactly means.
Is there anyway I can figure out that this land has potential value for future?
I do not believe it is on green zone.
Can someone please guide me through this. Also, I am buying this for long investment, down to like 5-10 years.
Is there anyway I can figure out that this land has potential value for future?
I do not believe it is on green zone.
Can someone please guide me through this. Also, I am buying this for long investment, down to like 5-10 years.