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Buying Land to Build On
Buying Land to Build On
From: J. W.T.
How do you find land to build on and make sure that it has Internet access, or cable, or even satellite? Also, how do you know what kind of structure you can build on land before purchasing or what the restrictions are? Actually, how do you find land in general, for that matter: a real estate agent?
Thank you,
J. W. T.
Hi J.
When buying land to build on, first choose the area where you want to live, for location is the main determining factor in land cost.
If you have lived in a city or town for a while, you probably know where you want to build. If you haven't been looking around, or if you are new to an area, I suggest working with a local Realtor. These Realtors know what each neighborhood offers (including schools) and what lots cost in different locations. If acreage is what you are after, here too a Realtor is most helpful.
A Realtor can help you locate the property you want and can help with all the details necessary to assure you that it is a suitable building site such as:
1. If water and sewer are provided.
2. All costs to get the water and sewer to your property line if it is not already there (it may be across the street); tap-in fees or privilege fees charged by the municipality or the association providing the services.
3. Cost of well & septic if water & sewer are not available.
4. Costs and availability for gas, electrical, phone & cable services.
5. Deed restrictions as to structures allowed and minimum setbacks.
The Realtor should also be able to show you a survey (map) of the lot and point out the boundaries to you during a walk around the lot.
You can find a Realtor that specializes in "land" at Realtor.com.
Click on "Find a Realtor" on the left, and then refine your search by city, state, near a city, and "Accredited Land Consultant."
Important: You should always find the land to build on first and then find house plans to fit it.
For more details on buying land to build on, read my Chapter 2 in "Be Your Own House Contractor." If you don't have it, you can buy it from your favorite bookstore, or online at byoh.com, or read it for FREE at your local library.
Good Luck,
Carl
