How To Monetize Your Homestead

Learning to monetize your homestead not only allows you to make more money doing what you love to funnel back into the land, but can even lead to a full-time job working from home. Whether you are monetizing a homestead as a side hustle or in hopes of turning the project(s) into a full-fledged career, keep receipts of all expenses and mileage so you can deduct these farming costs from your federal income taxes.

There are a multitude of ways you can legally monetize your homestead, even if you only live on a small amount of acreage or use a backyard to homestead upon. It is entirely feasible to earn a minimum of $1,000 per month from your homestead if you approach the endeavor in an organized manner and diligently put the work in on a daily basis.

Marketing the homesteading business both locally and online will be crucial to the success of the legal side hustles. You do not need to be a tech expert or spend a small fortune to launch a blog or website or open an ETSY store to sell your homesteading goods and services. In fact, using Google entirely free blogger platform gives you all the tools you will need to develop an online marketing presence in an incredibly easy to follow manner.

33 Legal Ways To Monetize Your Homestead

  1. Poultry Birds

Raising poultry birds offers two opportunities to earn legal income from a homestead. While folks who do not live in rural areas may need to follow municipal guidelines that limit the number of birds that can be kept in a backyard, keeping chickens, ducks, and keets is legal in most areas.

The chicken and duck eggs can be sold from a little stand on your own property, at a local farmers market, or even on ETSY to add a steady income stream for the homestead. If you do not live in a municipality that forbids the keeping of roosters, fertilized eggs can be sold both locally and online for a surprisingly good price.

Breeding poultry birds is yet another way to make money from the flock that feeds your family. Unlike chickens and ducks, guineas are not as commonly sold at agriculture stores - and when you do find them they not only disappear quickly, but usually cost a minimum of $7 per bird!

Do not neglect to factor in the cost of an incubator into the legal homestead monetizing project. Some chicken and duck breeds are excellent layers year round, but are lousy sitters. Guineas are prone to dropping their eggs everywhere and are very fragile. If you want or fiscally need to allow the poultry birds to hatch their own eggs, consider getting Bantam chicken hens and Khaki Campbell duck breeds because they both lay and sit their eggs extremely well.

  1. Rabbits

Raising meat rabbits to sell them as breeders or directly to consumers at their ready to butcher weight will also increase the legal ways to monetize your homestead. If allowable by laws in your particular area, you could start a home butcher shop to process and sell your own meat - and learn to tan the rabbit hides to increase the money making options related to raising meat rabbits on the homestead, as well.

Veterinarians checks and other rules can apply to selling home butchered meat. Inspections of the butchering area as well as permits that can raise in price from a little to hundreds of dollars, may be required.

  1. Medium And Large Livestock

The size of your homestead and municipal laws if you are homesteading in an incorporated area, can greatly impact your ability to keep and use medium and large livestock on your homestead.

  • Goats - In areas where keeping these type of animals, goats can be raised and bred for sell, be placed in a herd share program so the raw milk they create can be sold to individuals or groups that want to garner it legally, rented out to clear land, and sold or butchered on site for meat. Except in the United States, goat meat is one of the top selling meats on the market, and the niche market for goat meat is currently growin33 exponentially.

  • Cattle - Herd shares can be sold on dairy cows to legally garner raw milk, as well. Both dairy and beef cattle can be bred and sold to consumers, beef can be butchered on the homestead where legally allowed, and the hides can be tanned and sold as a raw material or turned into moccasins, purses, clothing, outerwear, etc.

  • Horses - Boarding and training horses, as well as creating trails on large homestead for pleasure riding are also common homestead or agriculture land money making opportunities. Securing the proper insurance policy to protect you from accidents or injuries that can occur by customers, cannot be highly recommended enough.

  • Sheep - In addition to the already mentioned ways to earn money from breeding livestock and selling their meat, sheep can also be raised for their wool. The wool can be cleaned and sold as a raw material, dyed and/or carded to be sold for a higher price, or turned into needle felted animals, accessories, playmats, and clothing and sold both locally and online for rather nice sums year round. Needle felted animals often sell for $25 to $100 each at online artisan venues like ETSY.

  • Hogs - Unlike beef cattle that require a long commitment and a lot of grazing space in order to sell them for meat, hogs only need to be kept for about seven months until they have matured to a solid butcher weight. Breeding hogs to sell their piglets - or “weaner” pigs is also a good way to legally monetize your homestead.

  • Mini Donkeys - These little cuties are often raised and sold or rented out to help homesteaders and farmers deal with coyote predators. Miniature donkeys love, and I mean absolutely love, to chase and kick the tar out of coyotes. Breeding or renting out miniature donkeys is both a way to legally monetize your homestead and help out others who live on agricultural land in your own community.

  1. Greenhouse - Building a greenhouse on the homestead not only allows you to grow more of your own groceries year round or start your own plants from seeds, but also the ability to cultivate extra produce - including non-native species and dwarf trees, that can be sold to the public locally or online.

  2. Seed Saving - Saving the seeds from your crops to preserve them not just to supply your own needs for the next homestead planting year, but to place them in packets you design to sell them to other gardeners to help them grow traditional crops, herbs, and medicinal plants, as well.