If you have invested in vacant land there is a good chance that you are planning on building a home. Within the planning phase, there various steps to be taken to bring your dream into fruition. Although constructing a house can be time-consuming and a bit tedious, the end result will bring you great satisfaction! The industry experts state that purchasing vacant land is a great investment and construction on the land boosts property value.
Some factors to be considered when planning construction of house on Undeveloped Land
1. Identifying the right location:
One of the major components of any house building is its location. It is important for the owner to ensure that the land is surveyed properly to identify the right place for constructing the house. Adequate care is to be taken to avoid marshy areas and obstructions. It is recommended you hire a land surveyor as well as a land clearing contractor. The Surveyor will properly survey the land and identify the exact metes and bounds as well as provide any other information pertinent to the property. A Land Clearing Contractor will walk the property with you as you identify any trees or greenery you would like to keep.
One of the major components of any house building is its location. It is important for the owner to ensure that the land is surveyed properly, to identify the right place for constructing the house. Adequate care is to be taken to avoid marshy areas and obstructions. It is recommended you hire a land surveyor as well as a land clearing contractor. The Surveyor will properly survey the land and identify the exact metes and bounds as well as provide any other information pertinent to the property. A Land Clearing Contractor will walk the property with you as you identify any trees or greenery you would like to keep.
2. Utilities information:
If your property is located within the City center, the local utilities company can hook up your water connection. If your property is located in a more rural setting, a well and septic system should be installed. The local power company will come out to the property and connect the power to the nearest cable line tower. Utilities are undoubtedly crucial and should be taken care of within your first phase of construction.
3. Understanding the local land laws:
There is a genuine need for the land owner to have a proper and accurate grip of the existing building laws and zoning of the property. Zoning should be defined at the time of property investment. Some zoning laws allow for only site built homes and not mobile, as there is zoning that allows for agriculture to be cultivated and the presence of livestock on the property.
4. Determining the contractor and type of desired home:
Mobile, manufactured and modular homes can be more affordable and can be very easily installed. If a pre-fabricated house is not what you have in mind, then it will be useful to hire a reputed local contractor with good references and a portfolio. They should have the right expertise and experience to assist in developing your dream home. Speaking with different contractors will help you get an idea of what exactly you are looking for in an ideal contractor.
5. Allocating the budget:
Once the property has the basic components, the next step is to start the construction process. If you invested in the property at a wholesale price, you might have extra leeway for construction. Once you have received quotes from all of the needed contractors, it is best to set a budget, this is for you to get an idea of how much you will be spending on construction. It is proper planning and a realistic budget allocation that can help your dream home to be constructed as you would like it. Any additional non-essential projects such as a guest home, landscaping, etc, can be configured after the main cost is configured.
Once the property has the basic components, the next step is to start the construction process. If you invested in the property at a wholesale price, you might have extra leeway for construction. Once you have received quotes from all of the needed contractors, it is best to set a budget, this is for you to get an idea of how much you will be spending on construction. It is proper planning and a realistic budget allocation that can help your dream home to be constructed as you would like it. Any additional non-essential projects such as a guest home, landscaping, etc, can be configured after the main cost of building.
6. Being realistic in approach:
Home construction does involve several specialized tasks to be undertaken before its completion. Some tasks can be undertaken by the home owners in which they feel are easy enough to be performed without professional assistance. Also, keep in mind that building a home from the bottom up takes time, appropriate accommodations and measures should be taken into consideration.
The Land Store can provide a list of trusted contractors for all of your building needs.
