Did you ever consider building your own dream home? The first thing that you have to do to achieve this dream is to find the right piece of property. There are some things that you have to take into consideration aside from where it is located, there are different types and styles of real estate properties to choose from. In addition to these, it is best that you are aware of such things such as the lots accessibility to power and other important amenities and the natural features that are found in the area.
Robert Irwin, author of the book "Tips and Traps When Buying a Home" recommends using a checklist when searching for a lot as a first time homebuyer so that you don't miss any critical details. Here are some more tips on choosing the lot for your first home:
1. Map out the nearby towns and cities. If the property you are considering is located in a rural area, you would have to know how far away it is from the nearest town and city. This is an important factor to be aware of since you might have to commute from your future home to work. Take the time to find out what your travel time is and what access roads to take so to get to the places you might need to go to like schools or hospitals.
2. Review natural features. How many trees are in and around the lot? Do you have access to a lake? How far is it from your new home? Many first time homebuyers overlook these important details when they have found what looks to be like their ideal lot. However, building a house that is very close to a lake or a forest means you may need to deal with wildlife and flooding during certain times of the year.
3. Check the water source. If you build a home in an urban area, you may not have to worry about where you will get your water from. If you decide to build your home in the countryside, you may need to find a private water company or find alternative solutions to be able to get water into your home.
4. Check the soil quality. Determining the quality of the soil on your lot is an important factor when building your new home because you need to work on soil that will accommodate for a solid foundation. You can hire a professional to inspect the soil if you are unsure of what to look for.
5. Review building options. If you are located near a national forest, a wildlife preserve or other major landmark, there may be restrictions on what you are allowed to build in the area, and how much you can renovate or remodel. Make sure you understand all of these restrictions (if any) so you're not investing in something you might regret later.
Aside from assessing the physical features of the lot, you have to review the title in detail. Find out if it is a clear title and if there are no easements of any kind on the lot. Try to use these tips to help you find that ideal lot to build your dream home.
About the Author: Alexandria P. Anderson is an St. Louis Park real estate agent that helps people to find and purchase St. Louis Park Homes and properties in the Twin Cities of Minnesota.
Robert Irwin, author of the book "Tips and Traps When Buying a Home" recommends using a checklist when searching for a lot as a first time homebuyer so that you don't miss any critical details. Here are some more tips on choosing the lot for your first home:
1. Map out the nearby towns and cities. If the property you are considering is located in a rural area, you would have to know how far away it is from the nearest town and city. This is an important factor to be aware of since you might have to commute from your future home to work. Take the time to find out what your travel time is and what access roads to take so to get to the places you might need to go to like schools or hospitals.
2. Review natural features. How many trees are in and around the lot? Do you have access to a lake? How far is it from your new home? Many first time homebuyers overlook these important details when they have found what looks to be like their ideal lot. However, building a house that is very close to a lake or a forest means you may need to deal with wildlife and flooding during certain times of the year.
3. Check the water source. If you build a home in an urban area, you may not have to worry about where you will get your water from. If you decide to build your home in the countryside, you may need to find a private water company or find alternative solutions to be able to get water into your home.
4. Check the soil quality. Determining the quality of the soil on your lot is an important factor when building your new home because you need to work on soil that will accommodate for a solid foundation. You can hire a professional to inspect the soil if you are unsure of what to look for.
5. Review building options. If you are located near a national forest, a wildlife preserve or other major landmark, there may be restrictions on what you are allowed to build in the area, and how much you can renovate or remodel. Make sure you understand all of these restrictions (if any) so you're not investing in something you might regret later.
Aside from assessing the physical features of the lot, you have to review the title in detail. Find out if it is a clear title and if there are no easements of any kind on the lot. Try to use these tips to help you find that ideal lot to build your dream home.
About the Author: Alexandria P. Anderson is an St. Louis Park real estate agent that helps people to find and purchase St. Louis Park Homes and properties in the Twin Cities of Minnesota.
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