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Things to Consider When Buying Land to Build on Your Lot

October 5, 2019
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When you choose to build on your lot, you have the benefit of truly customizing your home, from the look and feel of it to the placement within the lot. Having so many options, especially when working with a company like Grayhawk Homes, ensures that the final product will be the home of your dreams. However, when it comes to choosing the lot, there are a number of factors to keep in mind so that you don’t run up against restrictions that can be costly and impede your vision.

Obviously, location is always important. Ideally, you want to be near local conveniences and services. This not only makes your daily life easier and more productive, but it also increases your property’s value. Even if you want to live in a more rural area, try to find a location that has quick access to major roads.

While location is a key issue, finding a buildable lot may be even more important, especially when it comes to costs. You may find a piece of land in an ideal location, but if it’s not zoned with permits and services already available, doesn’t have utilities on site, and doesn’t have all studies completed, you could be looking at considerable costs to get the land up to code before you even start building. Ideally, water, sewer, gas, telephone, cable, and internet service connections should be available, because running new utilities can become costly, especially in rural areas. These issues are just as important as ensuring that the land itself can physically be built upon without serious preparation work.

Another option to consider is the choice of an unrestricted subdivision or a restricted subdivision. Many companies like Grayhawk Homes build in master-planned communities, ensuring you have a lot that is appropriate for building and also often providing a variety of amenities and benefits. However, in restricted subdivisions, there are typically deed restrictions that associations enforce. While these restrictions are put in place to help maintain the overall value of the properties within the community, they can restrict setback lines, and the types of homes that can be built, not to mention the upkeep of the home. Communities have varying levels of requirements and fees, so it’s worthwhile to consider different sites. If you want fewer restrictions, particularly if you have a specific vision in mind, an unrestricted subdivision may be a better choice.

Building in a restricted subdivision means you’re less likely to have to worry about surrounding construction, though if you’re on the edge of the community, you should know what the zoning is for neighboring land. No matter what land you purchase for building, it’s important to know the zoning for the surrounding area. You don’t necessarily want to find yourself amid commercial zoning or even agricultural zoning.

Finally, make sure you check for environmental issues. It is vital to have a phase 1 environmental study done to make sure there is no contamination in the land, such as fuel or chemical leaks contaminating the water and soil.

Whether you build on your lot that you’ve personally chosen or go with a lot within a master-planned community, make sure you work with Grayhawk Homes to do the actual building. They can help you make your dream home become a reality, working with you every step of the way.

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This post was written by Grayhawk Homes