There’s no denying that most people today dream of being homeowners. However, most people rarely anticipate the herculean process that home-building entails, especially in the initial planning stage. Choosing the lot where to build your home, for instance, determines a number of things, including the future value of your property should you decide to sell it. The locality of your home also impacts the quality of your life and the amenities that are easily and cheaply accessible. Speaking of which, when choosing the right lot for your dream home, there are several factors to consider.
First, think about the location. Consider factors such as proximity to schools, shops, and public transportation, as well as the overall neighborhood and community. You should also think about the views and natural features of the lot, such as trees, bodies of water, or mountain views. You obviously don’t want to build your dream home next to a polluting factory, for example.
Next, consider the size and shape of the lot. You will want to choose a lot that is large enough to accommodate the size and design of your dream home, as well as any outdoor features or amenities that you desire. Most of the time (if not always), this is largely determined by your budget more than anything else.
You should also consider the topography of the lot. A flat lot will be easier and less expensive to build on than a sloping or rocky lot. The same also applies to the general slope of the lot which affects how easily water can drain off your property during the rainy season. Steer clear of lots that appear to be susceptible to standing water or flooding.
Another important factor to consider is the zoning and building regulations of the area. You will need to make sure that the lot is zoned for residential use and that it meets all of the local building codes and regulations. This should be hard to do with a little help from a property management expert.
Finally, consider your budget. You will need to choose a lot that fits within your budget, and that will not require excessive grading or other site preparation work.
Overall, choosing the right lot for your dream home is an important decision that will have a significant impact on your building experience and the enjoyment of your new home. Take your time and do enough due diligence before investing your hard-earned money on a poorly-selected lot.
References: TwentyTwentyOne, SheffieldHomes
