Buying land is different from buying a home, because you must resolve issues relative to land use restrictions, utilities, access and easements before building. When you locate land that seems right for your house, start your research right away.
Check if water, sewer, electricity, internet, and cable TV are available. If not, you will need to calculate the expenses of installing a well and performing a soil analaysis for a septic system, and then calculating the cost of the system.The placement of the home on the lot will depend on the results of the soil analysis. Also check the cost of satellite internet services if internet/cable are not availble.
Knowing the zoning for the property will matter also. Is it zoned for residential, business, or agricultural purposes? Does the zoning and restrictions permit you to build the house you want? If it is in a subdivision, you should review the restrictive covenants to insure that you can without any surprizes when you go to build. Are there easements on the lot that will limit where you can build or how you can access the property?
Ask about the long-range plans for use of the surrounding land. The land will be more attractive if the city intends to build a park or new school nearby. But if a six-lane highway or a waste treatment facility are in the city's future plans, you may decide to look elsewhere for a place to build your dream home.
If you have any questions about this real estate tip, or questions regarding any other tips you may have read elsewhere, do not hesitate to ask! There is no obligation and and I will get back to you quickly!
Call me today for all your real estate needs!
Bill Cullin
Your Real Estate Source at the Delaware Beaches
Call or Text: (302) 841-7147
Toll Free: (800) GO-BEACH, Ext 27117
Email: Bill.Cullin@LNF.com
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