Terry Oakes of Fuller Sotheby’s International Realty says aerial photos captured by a drone are helping overseas buyers imagine how they’d build their dream home on an undeveloped 40-acre parcel on the market for $575,000 in Castle Rock, Colo.

Drone shots assembled into a two-minute virtual tour of Waverton Ranch provide a quick snapshot of the entire property that’s been seen by potential buyers in South America, Florida, Australia and Japan who are interested in the placement of landmarks such as rivers, hills and flat building sites, Oakes says.

A growing number of real estate brokers and agents are experimenting with drones to shoot video and photos of listings, although their use remains a legal gray area. The Federal Aviation Administration permits hobbyists to fly drones away from airports at altitudes below 400 feet, but is still drafting regulations that would govern commercial use of the remote-controlled aircraft.

The company that built the virtual tour of Waverton Ranch, Spotlight Home Tours, advises on its website that “helicopter and drone heli footage is an upgrade feature for all packages and not included in pricing shown.” Source: fullersothebysrealty.com.

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