You have always wanted to build your dream home. You have looked at plans and made your budget, and now is the time to put those plans into motion! It’s time to look for the great piece of land to put your dream home on. When you’re looking for that special, open place in the perfect location, there are a number of things you want to consider before you head out land shopping. Here’s my checklist for buying open land to help you in your search.
5-Point Checklist for Buying Open Land
- Your Budget. There are a number of things to think about when purchasing open land that will be different than when you buy a property with a home already built on it. The main one will be utilities. If utilities aren’t already brought into the area, this will need to be paid for on your end. Will you need electricity, water, and cable? Or will you go more off the grid with solar, well, and septic type arrangements? Either way, they will be factors in your expenses when buying vacant land to build on.
- The Perfect Location. The next thing you want to do is drive around and see what locations look appealing to you. Make a good list and take some notes about what you like about each location. Make notations that appeal to you aesthetically, and that work within your budget and commuting demands. Your real estate agent can give you some nice locations to start with.
- Zoning and Building Ordinances. These types of county and city building restrictions and plans can be located at your county offices. You want to pay attention to areas you find appealing, and consider what plans might be in order for this area. For example, will the area continue to have larger plotted properties or smaller ones with larger home developments? Will the roads be accessible and ready when you are, or is the location still undetermined. And, remember distances to other destinations like shopping and commercial areas as well as big highways and interstates. As communities are building and expanded, some locations might already be designated for certain construction you feel is unappealing. Talk this over with your real estate agent so she or he can guide you towards your personal interests.
- Easements and Surveys. These two matters are important when you are ready to build. Consider the locations before that time however, so you know if there are power lines, neighboring properties, or flood plains inhibiting your building and property plans. You might be able to find an older survey in the county records, but it’s good to get an updated one to ensure the property is clearly defined and any changes that have been done are up to date for the location.
- Permits. These are essential when you buy land and when you are ready to build. These pieces of paper will provide you assurances that your property will be within code and that your location will be safe to inhabit. It will also document the projects that take place on your land and keep a good record of what has happened through the excavating and building process. If anything is already on the property like utilities or a well system, permits on these projects will give you more insight into the installation of these areas.
Buying Vacant Land For Sale
These are a handful of items to consider when you are shopping for your new plot of land. This doesn’t even get into looking for fantastic views, lake to drive your boat on, or quiet getaway to ride a horse or have a hobby farm. Having a bit of land and building your dream home is a fantastic adventure. Make a good plan and consider the process before you go land hunting.
I’m your Local Land Real Estate Agent
When you are ready to buy your new home or sell your current one, look to a highly-regarded, and experienced real estate agent. Whether it’s residential or open land you’re looking for, work with a qualified real estate professional that you can trust to guide you through the home and land buying process.
Click here to learn more about me and how I can help you with your new home purchase, buying parcels of land, or selling your current home quickly. My skills and education are focused on what you need for a great real estate experience. I would love to chat with you and answer any questions you might have about working with a real estate agent in this area. I know how important finding the right property is; contact me at (901) 828-8919 or drop me a quick note firstname.lastname@example.org and we can discuss your options. I look forward to speaking with you today!
Angie Kelley, Crye-Leike Realtors
(901) 828-8919 or (901) 756-8900