he lot you select will be values.
an integral part of your
new home. Make sure you are Many developments have protected
comfortable with the location and covenants or building
setting and remember the three restrictions that serve as a
most important rules when minimum standard for new
purchasing your land: Location, construction and home values are
location and location! usually more stable and
controlled. If you prefer a large
It is safer to have purchased a lot, consider what it will cost
lot prior to finalizing the in time and money to maintain.
design of your home, as the Whether or not you plan to have a
style, shape, size, foundation basement, slab or crawl space,
type, width, etc., can all be make certain that the lot
affected by the lot. If you opt supports the specific foundation
to purchase your plans first it type. If it doesn’t, a different,
is important to make certain that even more expensive location is
the lot will accommodate the almost always worth the extra
plans you have, since cost. You might also want to
construction blueprints are not consider the orientation of the
returnable after purchase. lot [which way the sun rises and
sets] if you have specific
Do you want to live in a requirements for or against sun
particular school district, close penetrating the interior.
to a city or business district,
close to your job, in an Be skeptical of “bargain lots”.
established neighborhood or on If a lot is priced much lower
acreage in a rural area? These than the norm for the community
are just a few of the factors there is probably a reason. Find
that determine land and home out why. Issues to check for
include drainage issues such as rest of the neighborhood may have
low spots where water will a lower resale value even if it
accumulate, poor soil conditions is the nicest house in the area.
that can affect drainage,
foundation design or sanitary Ask the seller to provide a
disposal, extreme topographical survey of the lot prepared by a
problems, difficult restrictive registered surveyor showing all
covenants or easements, legal easements, setback
availability of utilities [water, requirements, baseline elevations
sewer, electric, gas]. If you are and possible wetlands where you
uncertain, engage the services of may not be able to build. Lastly,
a local professional before you insist on and pay for a title
buy. This is not to say to search and title insurance. Title
overlook a good opportunity; with insurance is important if there
the declining availability of is ever a dispute over land
building lots in many areas it is ownership and most lending
sometimes necessary to have to institutions require a “free and
work around problem issues on an clear” title to the land before
otherwise nice lot. negotiating a loan.
Don’t overbuild for the area. Try Finding a Lot
and build in an area that is at
least comparable in value to the Using several different sources
house you are building. Your will increase your chances of
surroundings will have a big finding the perfect lot. Here are
impact on the resale value of a few ideas to consider.
your home. A very unique design
may be exactly what you want, but * For sale ads in local and
may be difficult to sell. A home nearby city newspapers.
that does not blend in with the
* Looking online at websites like * Real Estate Agents.
homefair.com to find multiple
listing services. * Legal plats in county
courthouses or your local town
* For sale signs posted on lots. hall.
About the Author:
http://www.thehousedesigners.com are independent architects and designers who joined together to provide you the best house plans at the best price.
Read more articles by:
Brad Franklin
Article Source: www.iSnare.com 
