Many people dream about buying a parcel of land and building their dream home there, but there are certain things you should know about buying land. The first thing to know is that it is usually cheaper to buy land out in the country than close to the city.
In the country, you get the benefits of cleaner air, more open spaces, and other areas with plenty of trees. However, although modern conveniences are available in the country, they are sometimes less reliable, so you will need a generator in case the utilities fail.
Also, going to the grocery store, out to eat or to the supermarket sometimes requires lots of driving, so it also requires lots of planning. If you live close to the city, all of the amenities that you will need are sometimes only a few blocks away.
One factor that you should definitely consider before you buy land is zoning requirements. You need to check with the local authorities (
development land wanted, county and city), and you need to determine what the zoning ordinances are, and if you will be able to build the type of home that you want.
Smells and sounds are another thing to consider before you decide to buy a parcel of land. In the city, you will have to deal with exhaust fumes, among other smells. In the country, you may be trading the smell of exhaust fumes for the smell of the pig farm that sits upwind from the parcel you purchased.
If you want to buy a parcel of land on a hill, then you need to know how likely it is that the hill might shift. Find out if your parcel of land is in a likely area for landslides.
If you are planning to buy near a body of water, you also need to know how the probability of flooding. If you are in an area likely to flood, do not buy the land, or think about a raised construction and plenty of flood insurance.
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