If you’re interested in building your own house, buying a great plot of land is one of the first steps you will need to take. Purchasing the wrong property can cause a lot of headaches and unexpected costs. Here are 3 questions you should ask before you buy a plot of land.
Is the Property in Good Condition?
One important factor you must consider when buying property is the condition of the land. Some lots may require significant preparation before you can start building. You may have to pay for tree removal on a heavily wooded lot. Debris and stone removal can add to your bill as well. Finally, don’t forget to check the soil condition before you buy. Contaminated soil can be a difficult and costly problem to remedy.
What Are the Local Zoning Specifications?
It is essential to looking to local zoning laws when purchasing a piece of property you intend to build on. Some pieces of land have very strict zoning requirements that will prohibit you from building your house. Changing zoning specifications may be difficult, so be sure you know what you can and cannot do with the property before you buy it. Working with a real estate team that has local experience can help you find the a piece of Suffolk land for sale to suits your needs.
Are the Utilities Already Hooked Up?
Some properties will require extra work to set up all the necessary utility services like sewage, gas and electricity. If this is the case, make sure you do some research to assess the costs of getting utilities set up. Sometimes nearby municipal utilities can be extended to the property. In other cases, the property owner will need to set up their own services. For example, rural property with no sewage service could have plumbing with the installation of a septic tank.
Buying land can be a complex process. It’s crucial to do plenty of research, ask a lot of questions and reach out to experienced professionals when you need some guidance.