It can sometimes be a challenge to find a home on the market that checks off all the boxes on your life of must-haves. Settling for a home that doesn’t meet your standards doesn’t have to be your reality, especially if you have the means to buy a piece of land to build a custom home on. Buying a piece of land to build your home on can be truly magnificent, as you are able to get the full experience of a custom home. Sure, people get to choose where to live, but not many people get to stand on a piece of land and watch their dream home come to life before their eyes.
Keep reading to learn more about essential factors you need to consider before purchasing land to build on. To learn more about the home building process, you can always give the custom home builders at Splittgerher Professional Builders in Fort Collins a call. We would be happy to answer your questions and discuss your own plans for building your home! Contact our team now.
Ideally, the lot you buy should be close to the essential amenities, like shops, schools, hospitals, parks, public transport, etc. — unless you want to be a bit further out from the rest of the community, then you must make sure that you are willing to drive the extra distance. In deciding your location, you will likely need to consider the needs of you and your family and that will be the deciding factor in where you choose to build.
In addition to proximity to amenities, you may also want to do some research into the natural vulnerability of the land. By this, we mean how likely the land you want to build on is vulnerable to bushfires, earthquakes, tornadoes, or landslides. These dangers can impact your insurance costs and ability to receive financial aid for your project. It is well known to be cautious when considering land near vegetation forests, waterways, and fault lines.
Potential of Development
Lastly, we would like to mention that it is also a good idea to check your city’s comprehensive plan to see which areas are planned for growth in the near future. The land you want to build on may be beautiful, peaceful, and pristine now, but may be subject to development within the next 10 years. These are good indicators of a community that is sure to see a steady incline in population and popularity.
Zoning and Ordinances
Prior to purchasing a lot, you will want to check that you can actually build a residential home there. Your city or county likely has a zoning search tool online that you can use to quickly research the lot Ourcashing non-residential lots happen more frequently than you might expect, so while this seems like a no-brainer, it is a crucial step! Pay attention to the city’s or county’s long-term land-use plans and scheduled road additions because those changes could affect the property that you are interested in.
Cities and counties also have ordinances that govern things like animal control, local law enforcement, local parks, local roads, and even garbage removal and recycling. It is good to research which ordinances will apply to your property in advance,
A sloping lot with a stunning view can be difficult to resist, but a sobering fact is that they require far more preparation before it comes time to build. If a sloping lot is your dream, then you need to receive advice from a professional home builder before agreeing to the purchase. This is because the preparation of a sloping lot can be very expensive. Your builder will have to carve into the slope in order to create some space for the level slab. Additionally, retaining walls may also be necessary in order to have stable soil that adheres to local standards.
Plus, if your lot is located below street level or at the bottom of a slope, you will have to discuss draining issues with your developer. The good news is that you can usually always get your questions answered by speaking with a local developer and custom home builder near you.
Are There Utility Hookups?
Check to see if the utilities you need are available: water, natural gas, sewer, etc. Water is a big one, though, and you’ll want to find out if you need to drill a well, if there is a private, public, or shared well agreement, or if you’ll need to haul water. In rural areas, you will want to make sure that there’s decent cell and internet service.
If utility connections aren’t present upon buying the land, part of your due diligence should be finding out what it will cost to run them to your property. These hookups could be as close as down the road or as far as a mile or two away. The costs to run the lines will vary widely based on the distance as well as the fees your municipality and power company charge, so make sure there are no surprises.
We covered a few things that you need to be aware of when purchasing land for a custom home build, but we will be posting part two of this blog shortly to finish the list, so keep an eye out! Of course, if you have any questions about the custom home building process, or about our home builders in northern Colorado, then please give us a call today. We look forward to working with you.