You Just Bought Land, Now What?
We continue to become more knowledgeable, efficient and educated on land purchases and thought we’d share our quick “what to do’s” with you in case you or someone you know is thinking of purchasing land.
There’s more to it, but most of these are the things you can actually look into 𝘣𝘦𝘧𝘰𝘳𝘦 you decide to make an offer on raw land.
If you’re desiring more space, open fields, the sounds of nature or just want to buy land now and hold onto for later, we’d love help you in that dream. First, here's your check-list:
- Determine property lines: A survey will provide an accurate measurement of the property boundaries and can help identify any encroachments or other issues that may impact your use of the land.
- Check for access and utilities: Ensure that there is legal access to the land and that utilities, such as water, electricity, and sewage, are available or can be easily connected.
- Perform a well study: The study will determine the depth of the water table, the rate of water flow, and the quality of the water, including the presence of any contaminants. This information is critical for ensuring that the water is safe for human consumption and for determining the viability of using the well as a water source for irrigation or other purposes.
- Conduct a percolation test: A perc test determines the rate at which water can be absorbed into the soil and is used to determine the feasibility of installing a septic system on the property. This will help you determine whether the property is suitable for a septic system and whether any additional permits or approvals will be needed.
- Include your home builder: A builder can provide you with valuable insights into the cost and feasibility of building on the land, including any site-specific considerations such as the topography, soil conditions, and access to utilities. They can also advise you on any potential zoning or permit issues, and help you understand the local building codes and regulations.
- Check zoning: Zoning regulations determine how the land can be used, the types of structures that can be built, and the density of development in the area. If you plan to subdivide the land, you need to make sure that it's zoned for the desired density. If you plan to run a business on the property, you need to ensure that it's zoned for commercial or mixed-use purposes.
- Check for internet and cell phone services: start by contacting local service providers to check for availability and speed of internet and cell phone services in the area. You can also check coverage maps or online resources to get an idea of the level of coverage and quality of service. In some cases, you may need to install additional equipment, such as a satellite or wireless internet connection, to access high-speed internet and cell phone coverage.