You are doing it! It's time to take on your biggest dream project: building your own home. Then, You journey outside to discover that your picture-perfect home is also situated on the perfect plot of land that you hand-picked.
Unfortunately, reality set in, finding a plot of land to build your dream house on is not only difficult but also time and energy-consuming. After all, there is only so much land and so many places zoned for construction.
Picking the perfect place to build your own home is big deal! Of course, you want to find the best possible piece of land, but you also need to stay within your budget.
We at Nexa Homes believe that designing and building your dream home should be enjoyable! That's why we are here to help, with 5 tips for buying the perfect plot of land for your dream home.
Are you looking for land in a specific hamlet or across the entire region?
You are building your dream home; if you do not build it in a location that you adore, you may end up selling or settling — neither of which are ideal options.
Make an effort to become acquainted with the area in question. You want to be in a location that not only has a beautiful landscape, but also one that has the culture you seek. Spend some time learning about the field you're interested in. Use online maps and listing websites to narrow down your search.
If you want to build in an already established neighborhood, make sure you consider building a home that is similar to the surrounding ones, as this can have a direct impact on the value of your dream home down the road.
When looking for the perfect area of land to build your dream home on, keep in mind that home builders are already ten steps ahead of you. It is their responsibility to keep an eye out for potential plots and to understand what people are looking for in a piece of land.
Builders spend endless hours and resources identifying the best lots before they are available to the public. Using this can save you a TON of hassle and time.
Like us at Eagle Creek Homes, Knowledgeable builders can look at a piece of property and see its potential since we know the best land conditions for construction and what changes can be made to the landscape.
If you don't want to work with a builder, there is another clever way to find the perfect plot of land: go to any planning department and request the Planning Register.
There are all applications (and decisions) from anyone wishing to obtain planning permission to build on a piece of land. Most city councils will even post these public records on their websites!
If you decide to go this route, look for recent applications, preferably outlined (rather than a literal drawing), for single-family homes. In an ideal world, the application has not yet been approved. This is the best-case scenario because a plot of land is typically not advertised for sale until planning permission has been granted, increasing the plot's value.
Often, the person applying for approval is the owner of the land and intends to sell it. If the application is vague, it indicates that they plan to sell. That way, they don't waste time developing a detailed plan only to sell it and have the buyer change everything.
Whether you are renovating or building new, construction comes with a slew of permits, restrictions, and Home Owner's Association fees. Permits and HOA fees are both mandatory.
Permits are used to enforce regulations to maintain the standards, quality, and safety of the housing stock. HOA fees, on the other hand, are annual charges used to maintain your neighborhood's preconceived level of quality and lifestyle.
Before you begin any construction, make sure you have all of the necessary city permits and approvals. We recommend that you check with your local HOA to see if the land you want to build on is even worth it.
Moreover, You and your builder are responsible for understanding the rules, regulations, laws, and procedures that will affect your project.
Don't limit your search for land to just one or two resources.
There are many resources available, and you should take advantage of all of them! After all, we're talking about your dream home! Leave no stone unturned.
Land is a limited resource, and there are many pawns between you and your dream plot. It's like looking for a needle in a haystack, as the saying goes. Finding a plot of land that you like will require some elbow grease as well as a lot of patience and determination unless you're lucky.
However, by following these five tips, you will be able to successfully narrow down what you are truly looking for in your perfect place to live. When making a final decision, remember to take your time and carefully consider all of your options!