Top 10 Things to Consider When Purchasing Development Land
If you’re in the market to purchase a piece of land, especially with plans to build a home or commercial property, there are many things you will want to consider. Check out our top 10 important aspects to think about.
- How many acres of land you need. Walk some properties get a feel for what an acre, five or ten feels like to understand it.
- Zoning. Check with the township or county to verify you can use the land as you want, whether that is to have animals, grow crops or build outbuildings.
- Do your inspections. Get the soil testing done so that you know what type of onsite septic is needed. This will help to budget costs.
- Wooded lots. Consider having the timber evaluated prior to clearing the building site. If there is marketable timber, it can help to offset costs.
- Distance from road to the home site. Keep in mind when budgeting for costs of driveway (access) and utilities from road to home site.
- Creeks, river and streams. Water is great, however, be mindful of flood plains so you don’t hinder your building plans.
- Deed restrictions. Verify that there are no seller-imposed deed restrictions.
- Farmland building sites. If the property is planted for the current year, verify what kind of recoupment is due to the farmer if you decide to build prior to the removal of the crops.
- Walkout basements. Look for land with elevation change to allow for a walk or egress windows.
- Travel time. Map it and verify your travel time to work, schools and shopping.
If you’re looking to purchase vacant land, development land and more, visit www.UnitedCountry.com to start your search today! You can also find an experience agent near you, or learn more about joining our team.
About the author
Ryan Rogers is the owner and agent of United Country | Auction Services in Ohio. He is a lifelong Ohio resident and brings his experience and knowledge of photography and drone video to enhance his marketing efforts for his clients. Ryan is also an avid outdoorsman and loves rock climbing, fishing, camping and hiking. Learn more about Ryan and the United Country | Auction Services team at www.UCRealEstateandAuction.com.
