3 factors to consider when buying land

Land is very important in real estate. When buying land to build a house, you need to consider a number of factors. Some of these factors include:

Zoning requirements

Here you need to check with local authorities and determine zoning ordinances. You should also find out if you are allowed to build the type of house you have in mind. The future is very important; therefore, you should ask if there are plans to improve the infrastructure in the area. For example, you should ask if there are plans to build airports and shopping malls.

Natural Hazards

You should contact the authority in the area and obtain a natural hazard disclosure. The disclosure will say if the land is ideal for building. As a general rule, you should stay away from terrain prone to natural hazards.

When determining the natural hazards in the area, you must also find the elevation of the land. If the ground is located near a hill, you need to determine the chances of the ground moving. Remember that the slab of your house can easily crack if the ground is unstable.

If the terrain is good, but you are close to bodies of water, you should consider building your building using a raised foundation. You should also make sure you get flood insurance.

Utilities

In order for you to live a comfortable life, you need to have utilities in your home. One of the most important utilities you must have is water. Remember that you cannot dig wells in some areas. To be sure, you need to determine the depth of your water table and find out how difficult it is to dig a well.

Electricity is also very important. If the area doesn’t have power, you need to determine how expensive it will be to bring it into your home.

You should also consider sanitation in the area. If you can’t connect to a sewer, you need to do the math and find out how expensive it will be to install a septic system.

conclusion

These are some of the factors that you should take into account when buying land to build a house. When making the purchase, you should not be discouraged by restrictive covenants that may be in the area. Remember that these restrictions are intended to ensure that houses built in the area meet established standards. Always review the restrictions and understand what is allowed and what is not.