There are many important considerations to make when purchasing land to build a home on. Generally, when you make an offer to purchase land, you have 30 to 60 days to fully evaluate the property prior to purchase. Ideally, you would know what to look for before you make the offer, but this is not necessarily the case.

An important consideration is the price you pay for the property and feeling that the agreed price is a fair price. You don’t want to pay too much for the property, but the seller doesn’t want to sell it for too little. If you have taken the time to search for a property and have had the opportunity to compare it with others, you will know when you have a property at a fair price.

Another consideration may be any restrictions placed on the use of the land. This would often come in the form of covenants. These are usually rules and regulations that the developer imposes on the property. This could include restrictions on home size, height, color, architectural style, or type of exterior finishes. This is important because you don’t want to buy the land only to find out that the type of house you want to build doesn’t meet the covenants.

The topography and soil conditions of the site are important. Poor soils mean poor drainage and additional development costs. Poor soils can also affect the size of the concrete pad and the cost of construction. You may want to build a single-story home, but if the lot is sloping, it may be difficult or add substantially to the cost of construction.

The availability of water and sewage is critical to building a house on the property. If the site will require an on-site sewer system, then the local municipality will need to design and approve a system. If the soils are poor or very sensitive, it may not be possible to design a septic system to meet the needs of your new home. If a well is required for domestic water, then it is important to have an idea of ​​whether water is available, how deep it is in the area and how much it might cost. Without water, a piece of land would not be buildable.

If the property does not directly adjoin a public road, then it is important to verify that there is legal access. You must have some kind of legal access to get to the property. This could be for facility or right of way.

Sometimes getting power to the construction site can be difficult and expensive. It is important to determine what power and telephone will be available and verify the cost. Extending power several hundred feet to the proposed construction site can be costly and prohibitively expensive.

Selecting the correct part in the correct location is the most important thing for you. For this reason, only you can decide how far you are willing to go to develop the site for your dream home.

Leave a Reply

Your email address will not be published. Required fields are marked *