The Commonwealth of Kentucky is a state that features beautiful and varied landscapes. Kentucky is Abraham Lincoln’s birthplace, and they know the state for its horse racing reputation, its horse parks, its bourbon, KFC chicken, coal, and much more.
The state comprises high mountain ridges, valleys, national parks, caves, forests, rivers, creeks, streams, hills, and more. They mix this environment along the Cumberland Plateau in the east, Bluegrass region in the north-central region, the Pennyroyal Plateau or Mississippi Plateau in the west, the Jackson Purchase in the farthest western part of the state and the western coal fields. Kentucky shares its borders with Tennessee and Virginia. The Ohio, Mississippi, and Missouri Rivers have carved out much of Kentucky’s rural borders.
Is it any wonder that people look forward to moving to the Bluegrass State and looking at land for sale in Kentucky? Kentucky offers land and varied real estate properties in the form of residential and commercial properties, farms, hunting land, ranches, horse farms, mountain estates, and waterfront locations. Besides these landscapes, buying homes and land in Kentucky is less expensive than many other states.
They rank Kentucky among the ten best states for the cost of living by U.S. News & World Report. The state is the 37th-largest state with over 40,411 square miles or 26 million acres. The state of Kentucky, for example, provides a 200-acre hunting area that they fill with an abundance of wild turkeys, squirrels, and deer. Other wild animals include quail, dove, ducks, and pheasants. If you enjoy fishing, you will enjoy the vast abundance of bass and catfish.
There is a comfortable cabin on the private land that features a porch swing, picnic table, campfire pit, charcoal grill, and you can add your own features like a sporting court or a swimming pool outlay. Or perhaps you would enjoy living on a lovely mountain property surrounded by a tree-lined, steady flowing, fish-filled stream. Your neighbor is a rock cliff and sloping hillsides where you can hike, camp, hunt, and relax daily.
You have an option of choosing beautiful log cabin homes, condos, townhomes, customized homes, or large estates at the many gorgeous lakefront properties offered throughout the state. Step out of your home onto various landing stages that lead to your stunning lakefront view in any season. Homes can be surrounded by well-manicured golf courses, thick forests/state parks, great fishing, canoeing, pontooning, jet ski, and/or grilling along the shoreline.
Suburban living in Kentucky treats you to peace and safety in homes that are designed in Tudor style, farmhouse style, Colonial, Craftsman models, and others. The length of the Ohio River is such that it runs through many different neighborhoods where you and your family can walk through parks, golf courses, playgrounds, retail stores, chef-inspired restaurants and more.
The existing residential homes are relatively new having been built around 2010. New construction of cabins, homes, vacation homes, hunting cabins, and lake houses are occurring throughout the state with a concentration around metropolitan regions. An additional incentive for homeowners, especially first time owners, is the Kentucky Housing Corporation Home Buyer Tax Credit. For each year that you live in the home, the tax credit equals up to 25% of your paid annual mortgage interest. Kentucky also provides several down payment assistance programs, even for students:
- City Grants
- Fannie Mae
- Federal Housing Authority loans
- HUD ($100 down)
- $6000 Kentucky Housing Down Payment Assistance
- USDA loans
- Veterans Administration loans
Kentucky’s Cabinet for Economic Development features a website that will assist you through the introduction and application process for any of its homeowner incentive programs. Living and working in Kentucky’s regions has received Congressional help through the Opportunity Zones Funds to encourage long-term investments in states nationwide and internationally.
They fill the Bluegrass State with beauty, friendly citizens, scenic landscapes, great adventures, individual and family-related activities, great educational institutions and a growing economic status. Many residential and commercial construction structures are being built to house and provide living quarters for the many companies who are calling Kentucky home.