Are you planning on settling down? Perhaps you’re thinking of investing in a block of land for your future.
Becoming a landowner is one of the biggest dreams; and eventually turning that block of land into your dream home or whatever you intend it to be is just fulfilling.
While it’s great to have a real estate expert to guide you in finding the block of land for you, it’s still better to know yourself what to look for when checking out lot properties. Whether it’s meant for building your dream custom home or something that you can passively earn from in whichever way you choose in the future, here some handy tips you should bear in mind when scouting for a piece of land:
It’s all about location, location, location
The most important thing to bear in mind when looking for a block of land is the location. When you find a piece of land pinned in the right location fit for your needs—within close proximity of public transportation, school, medical facilities, work, and the likes—that’s a major sign that you should put this option on register.
You’re going to be looking at not just one but many other lands in different parts of town, find the one that you think lies in a good location and surrounded with a great community.
Access to utilities
How swift and easy is it to apply for utilities at your chosen location? Do they have complete services—cable, water, electricity, internet, etc.? If you work freelance and rely on the internet, it’s probably not good to opt for a location that doesn’t have a telecom line as of the moment.
If you’re unable to access basic and much-needed utilities at the location, that will be a problem which is why it’s a must to look into this before you lock the deal.
The overall costs
Once you’ve settled on a location and which land to buy, deliberate carefully about how you can go about developing it before you sign the papers. In addition, look into the zoning restrictions as well as this should enlighten you regarding the building restrictions and the kind of community the land sits on in the future.
About the author: When she’s not looking over Pinterest searching for Home decoration and design ideas, Chie regularly writes for PAAL Kit Homes. It is a company that manufactures and supplies steel-framed kit homes that help Australian families build their dream home.
February 27, 2018