Every home began with a vision on a piece of land. However, the lot you choose will have its own challenges, so what should you keep in mind when looking for a lot?
1) Location, Location, Location
This is not just about the area, specifically what you would want to ask are questions such as; are we in a flood plain? There may be extra expense for a sump pump, water resistant building materials, as well as flood insurance. In the news there has been attention on fires, are you in a building area that you might need fire resistant building materials as well as fire insurance?
2) Where you can build on your land
You may be looking at a 5 acre parcel, surprisingly you may not be able to build the size of home you desire because of zoning....You will hear terms like “building setback,” meaning how far your home must be “set back” from the edge of your property line. “Lot coverage” refers to what percentage of your lot can be covered by the elements of your home. Also check to see if there are any easements, which allow use of your property by others (such as utilities or neighbors driveways).
3) Lot character
Is the land flat or sloped? Which direction is the slope? The answer may require a lot more preparation and excavation and foundation, which will add to the overall cost of the home. Also give thought to the natural elements such as trees that may affect your view!
4) Typical weather and home placement
Giving thought to views, direction of the sun, wind and rain should impact choosing the right home as well as its features! The prevailing weather patterns is a term you’ll become familiar with. Does the lot sit out in the open with nothing to prevent the wind from whipping around it – and from what direction does the wind typically come? Does the location get a lot of snow? How often and what direction does the rain come? This information can allow you to customize your home with features such as porch covers to allow enjoyment in all kinds of weather.
5) Services
Not to be overlooked....what are the services such as electricity, Sewer or septic? If you have to install them the price for the lot will be higher. Water or a well? Having knowledge about this area can help alleviate an frustration!
Your vision can be one of the most gratifying decisions you will ever make! May we make your dreams a Reality home!
