Thursday, August 29, 2013

Building A Custom Home? What To Look For In A Home Site

One of the first things to do when building a custom home is to find a place to build it.  Now that might sound simple.  But in reality it can be quite complex.  There are so many things to consider that may not even cross your mind.

So here are just a few things to consider when looking for your perfect lot (if there is such a thing).

1.  If you are going to build in an established subdivision, you want to look closely at deed restrictions.  There could be limitations on things like minimum or maximum square footage; architectural design parameters; maximum number of stories for the home; and the list goes on.  Some subdivisions will even limit the number of pets you can have.  Better make sure that Fido gets to move in with you.

2.  Public or private streets need investigation.  Determine who owns and maintains the street leading into your property.  Is it maintained by the city or county?  Or is it maintained by the homeowners living on that street?  Who maintains it is going to foot the bill.  Just know if that is going to be you.

3.  Is the lot in a flood plain?  Now don't rule out a piece of property if you find out that it's in a flood plain.  But do your homework.  It may be necessary to bring in extra dirt to raise the house above the flood plain.  And that can be costly.  But raising the foundation of the house above the flood plain will ensure that you can get the proper flood insurance without paying extravagant premiums. Visit the lot after a heavy rain to see if there is standing water.  That's actually a good idea even if the lot isn't located in a flood plain.  Find out if there is proper drainage.


4.  Find out what utilities are already in place.  If the lot is in the city limits of a town, you will likely already have access to electricity, water and sewer, and gas connections.  But rural property is a whole different story.  It is almost certain that it will be necessary to have a well dug and put a septic system in place.  And here's an interesting thing to think about.  Water wells have to be a certain distance away from other wells.  So if you have a neighbor on each side of your property, and their existing wells are close to your property line, you may not be able to dig your well.  So know where thy neighbor's wells are.

5.  There are costs associated with preparing a lot for build.  Soil testing, clearing of trees and brush, leveling the site, and adding drainage systems are going to factor in with the process of getting the lot ready.  Don't underestimate these costs.  Talk with your builder so that you can keep these costs in your budget as you move forward.

These are only a few of the items you want to keep in mind as you look at potential sites for your ultimate dream home.  Do your homework and you will be better prepared to take the plunge when the right property hits the market.

For more information about The May-Wall Team please visit our web site at www.MayWallTeam.com.


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