Before you go out and buy a block of land to build your dream home on, it’s important to know that you’re not wasting your hard-earned cash. Finding the perfect plot can take some searching but, once you find it, you’ll know it’s right. Many buyers think that their only consideration is how much—how much land do they need and how much will the land cost? If you find yourself in this position, we ought to tell you that you’re missing out on a few other factors.
Buying lands from websites such as paramountbaldivis.com.au to build a home requires a lot of thought. To help you find the best block of land, we’ve thrown together a list of five features characteristic of the best blocks of land for sale. Hopefully with this information, you can get started on your home today.
1. Buildability
If you’re wanting to build a home, the most important aspect of a good block of land is its buildability. While this can refer to whether the city will even let you build on a plot of land, buildability includes a bit more than just zoning. The best blocks of land should have all the characteristics that your design requires. If you need a lot of acreage, don’t settle for too little one. If you want an inground pool, don’t settle for a plot of land on a hill.
The best blocks of land are those that are ready for homes built on them. Make sure you can set up your utilities and that the land has already been permitted for construction.
2. Prime Location
Naturally, you’ll want to pick a prime location for your home. The best blocks of land will put you within easy reach of all your needs, put your kids in the best school districts, and reduce the length of your daily work commute. Research the area to find out about local doctors’ offices, schools, restaurants, job opportunities, and more. If you’re going to live there, make sure you’ll be happy doing so.
Beyond the superficial aspects, you should also check the local topography. If a parcel of land seems too good to be true, it probably is. Don’t be fooled into buying a plot of land that will flood every time it rains, just because of an inexpensive price tag. Having your land surveyed can help you avoid falling into a floodplain or mud pit.
3. Road Access
This may seem like a no-brainer, but you would be surprised by how many lots of land are not easily accessible. Some parcels are surrounded by other private property, essentially locking them out from road access. The best plots of land will be positioned close enough to a road that you don’t have to worry about accessing your home. No one wants to go off roading every time they need to head to the store.
Finding a quality lot of land will keep you from having to fight legal battles with your neighbours just to get to your front door. Again, by going through a registered property developer, you should be able to avoid these issues. The property group will have information readily available so you can pick a parcel of land with all the details at hand.
4. High Growth Potential
If you’re buying land to build a home, don’t look at it as just a one-time purchase. Land and a home are investments that can mature with age. By investing in an up-and-coming area of town or buying into a yet untapped region, you will get a foot in the door to future growth in your home value. As the local economy begins to flourish, so too will your purchase. By the time you are ready to sell, you could easily double your investment if you buy in the right place at the right time.
Be sure to have your land inspected to ensure that quality is ok. Water or soil contamination can not only reduce the value of your land, but also pose environmental and health risks to your family. To score the best block of land, the condition must also be at its best.
5. Good Neighbours
This should go without saying, but you’re moving into a place where you could be for years. Having friendly neighbours in a good neighbourhood can make all the difference when you first move into your new home. Having weekend get togethers and summer barbecues with the neighbours can not only help to build a sense of community but it can improve your quality of life while living in your new home.
You can check to see if there are neighbourhood watch programs or even a homeowner’s association. Getting involved with your locale is a great way to meet new people and make a house a home. Just don’t be afraid to make friends!
Ask Questions
If you’re going to buy a block of land for sale to build your new home, you want the best that you can find. Remember to ask as many questions as you want. Afterall, this is a major investment that you will have to live with for at least a while. Be sure to ask about the buildability of a plot of land, check your local government’s zoning regulations, learn about utilities, search the Internet for information on school districts and local doctors, have your plot surveyed to avoid buying into a floodplain, and buy somewhere that you know will give a return on your investment.
Most importantly, though, have fun! Buy land and building a home are big life steps but they don’t have to be daunting. Meet your neighbours, have a glass of wine, and enjoy each other’s company. It’s not every day that you buy into your own future. And remember, if you find that you need help, a property group will be more than happy to guide you through the process, so, no worries.
