Choosing Land For Your New Home - How to Select Vacant Land and Communities

When choosing a lot, you should first decide on thelooking for? Walk-out lots allow for maximum use of
area you want to live in. Find the center of the citybasement space and allow you to enter/exit from
or village that you have chosen as your new home,the basement of your home. Look-out lots don't
and work from the center out. Make sure theallow for entry/exit, but will provide you with great
community fits your lifestyle and your needs as anatural light from the windows that will be installed
family or single person.above ground level. Even grade lots are great
Some additional items to consider are:because they save you the cost of installing a deck,
- Are you particular about what/who you back uphowever, if you plan to finish your basement, you
to? Consider if you don't mind having backyardmay not like the window wells that will be installed on
neighbors, or if you are willing to pay a premium for aan even-grade lot. Not only will walk-out and look-out
home that has no one behind it. Consider water/parklots cost more because they are considered premium
views, as well as negatives like power lines/trainlots, but the cost to build your home will be a bit
tracks. All of these things can positively andmore as well.
negatively impact your home value when it is- Community Restrictions: Most new communities
completed.now have covenants and restrictions that were put
- Transportation: Do you need public transportation tointo effect prior to the construction of the first new
get where you need to go? Consider proximity tohome. They address such things as pools, fences,
trains/busses/shopping when choosing a lot.house sizes, pets, and landscaping. Make sure you
- Schools: Do you have young children? If so,receive a copy of these prior to purchasing the land
consider the quality of the schools that they will bein order to insure that there are no restrictions
going to. Verify school districts with your builderincluded that may impede the progress of your
realtor, and do your research. Are they highly rated?desired home.
Are they over-populated? How far is it to theRemember that the land purchase is just as
schools they will be attending?important as the home and the builder. All of these
- Direction: Which direction do you want your homedecisions will lead to the completion of the final
to face? If you are going to put a pool in, then goproduct, and you don't want to be surprised by costs
for a north/south facing lot for maximum sunor regulations that may pop up during construction.
exposure. Consider the placement of windows/roomsThe best way to avoid stress and horror stories is to
in your home should you choose a home facing eastdo your homework yourself. Don't depend on others
or west.to verify questions that you should be asking! Happy
- Grade: What type of home elevation are youHomebuilding!