Buying land can be a bit daunting, especially for first-time buyers. Compared to buying the standard residential property, purchasing land comes with its own set of challenges. For tips to guide you through the land buying process and in the process, avoid costly mistakes, read on.
Figure out what you want
Before going out and looking for the perfect land for sale in Athens, GA, it’s important to consider how the property fits your lifestyle. Just as with any other real estate purchase, your potential land needs to fit both your present needs and your goals for the future.
To help better understand what you’re looking for, ask yourself the following questions:
- Why do you want to buy land?
- What do you want to build on it?
- How can it help you achieve your goals?
- Is the location ideal for what you want to use it for?
- Are you planning on selling it in the future?
Figuring out what you want from the start will make it easier to find the land that fits your needs perfectly.
Find out what you can and cannot build
Look into the locality’s zoning, codes, and ordinances. There are certain ordinances in that area that will show you what you’re allowed to build on your potential land.
An area with agricultural zoning, for example, allows ranches, farms, and the like to be built on the property, along with single-family homes and multi-unit duplexes. A place with commercial zoning, meanwhile, only permits structures like retail stores and office buildings to be built.
Also, look into future projects being built in the area where your potential land is situated such as airports or shopping centers. Structures like these could affect zoning rules as well as property values.
Hire a professional land surveyor
Having your land surveyed is like having a home inspection – it’s there to find problems you couldn’t see. A land surveyor tests the land to make sure there aren’t any hidden issues like flood risks, poor soil conditions, soil contamination, and the like. The results of the survey will also give you a better idea of the best use for the land.
A land survey will also tell you the dimensions of the property and where its boundaries are. This is especially helpful when settling property line disputes that may come up.
Consider the utilities and road access
Utilities and road access are especially important factors when buying rural land. If a parcel of land has been developed and serviced, that means it already has access to power, water, drainage, and gas. If the land you’re buying is raw and does not have utilities in place, you might have to bring these services to your lot yourself which could be costly.
Work with a reputable land expert
To have a stress-free land buying experience, it’s best to hire a real estate agent with expertise in land transactions. Take a look at an agent’s past transactions and designations to make sure they are the right one for the job.
From shopping around for the perfect property to helping you negotiate for the best deal, a real estate land expert can help you every step of the way.
To learn more about buying land for sale in Athens, GA, get in touch with me, Ken Lauderdale— expert realtor, rural land specialist, and Accredited Land Consultant from Lauderdale Morrow Realty Group. Feel free to give me a call today at 706-534-2289 or send an email to email@example.com.