If you are planning to build a house, one of the things that you want to do is to find a lot to build it on. Below are five tips that you can use to help you find the lot for building your house on.
1. Look at ‘Undesirable’ Lots
The lots that are perfect will always cost much more than you want to pay, and this is why you might want to consider the ones that are less desirable.
This might seem like it’s counter-intuitive, but it isn’t. those lots that could seem uneven or too narrow aren’t going to easily sell. That means that you’re likely to get a them for a good price. In addition, with the best contractor, a lot that is a ‘problem’ isn’t going to be such a big problem. Look into the fill-in locations, locations that are oddly shaped or hillside lots. These obstacles can be bypassed by clever contracting and you’ll have a wonderful location that others have overlooked.
2. Look at Waterside Lots
You also want to consider the waterside lots. A lot of people want to have a house that is right by the beach. However, these types of lots often are very costly and you’re going to always have a risk of flooding and other weather related damage.
Think about investing in a lot near a canal or lake. These building sites usually won’t cost as much and they are safer investments. But you also have the beautiful waterside view.
3. Go for a Combination
When you are looking for a lot property, finding the one can be hard, particularly when the owner wants a lot of money for a huge piece of land. It’s possible that you only need so much land. But a lot of property owners don’t want to divide their land up, since it will knock down their land’s value.
One way that you can circumvent this is to find a person who will copay with you on the larger lot. This way you can get the land and divide it with the person. This is a wonderful way to get a great plot and it’s really useful if someone that you’re close to is also looking for a plot to invest in.
4. Know About Site Preparation
When you’re considering plots, one thing that you want to do is to look at natural challenges and obstacles to your construction. This may be things like boulders and trees to mounds and ditches. You want to consider bringing in some dirt and increasing the grade.
You should think if the lot you’re considering is going to require too much preparation. When you have a lot of prep that you need to do, you are going to have a lot more costs before the building starts.
If you’ve discovered a lot that you like and it needs some site preparation that is reasonable, think about your plan for getting the things ready so that you can build. If you don’t plan ahead, preparing the site might be what slows down and drags out your building and cause huge cost increases.
5. Look at the Neighborhood
When you are building a house, you want to know that it will have a good resale value. So you want to look at that neighborhood where you’re building and the houses in it. when you build a huge mansion in an area that has small properties, it’s not going to get a fair price if you decide to sell.
You should also consider the neighborhood qualities. What is that community like? What is the crime rates and income levels?
No matter how amenity filled and lavish a house is, it won’t be as attractive as the similar properties that are found in the communities that are safer. You don’t want to just look at the lot. You also want to consider the community.
These are five tips that you can use to help you find the right place to build your house. You want to consider everything so that you can choose the one that is best for you.
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