Have you decided that you want to build your dream home instead of looking for one? If so, you'll need to find an empty lot to build on. Here are some things that you should consider to make sure you pick the right lot.
The Location
Location is key when looking for land to build on. You'll want to consider multiple factors that make it a great option for your custom home. Look at how close it is to your office, what school district the land is in, what amenities are nearby, and what kind of stores you'll shop at in the area. It may be worth paying more for a lot in a location that is desirable to you.
The Accessibility
It will be difficult to find an empty lot in the middle of an existing suburb, which means you may have to look a bit further away than you like. That's why you want to think about how accessible the land is. If you're in a rural area, consider if there are going to be paved roads leading to the property. If you're close to the city, you may want your home to be accessible via public transportation.
The Utilities
Building on an empty lot means that you may not have all of the utilities you want running to the property. For example, will you be able to connect the home to the city sewer system, or will you need a septic tank? Will the local Internet service provider be able to bring an Internet connection to the home? You may even need to budget for the cost to bring electricity to the lot.
The Zoning Regulations
It's crucial that you understand the zoning restrictions of any lot that you plan to build on. There may be limitations that prevent you from building the type of home that you want. For example, there may be a height restriction or regulations that require the structure to be a certain distance from the property line. These regulations could impact the type of home you want to build.
The View
You should also consider the type of view you have when you'll be looking out the windows of your newly built home. Will you be looking across the street to a nearby park? Are you facing a busy street with a lot of foot traffic? It's something you may not think about until after the home is built and experience it for yourself.
Contact a local real estate service, such as Big Valley Properties, to learn more.
