
By Wyatt Myers
Turning the dream home in your head into a reality requires a lot of hard work. You need to choose a home style, define your floor plans, find a builder you trust, and make hundreds of decisions during the construction process. But before any of that can begin, most people need to start at square oneâwith finding the right plot of land for that dream cabin. At first glance, it seems like buying land would be a fairly simple step in the process. Still, there are a number of things that potential property buyers should know to get exactly what theyâre looking for and avoid any problems.
Getting Started
If youâre new to the area where you plan to build, obviously the first step is to find out what land is available for purchase. A trusted local real estate agent is the first person to contact. Many agents specialize in rural property listings, so they can give you a sense of what land is on the market. Of course, itâs okay to use a real estate agent as your starting point and then dig a little deeper on your own.
âOther people in the community might know about property for sale that the Realtors donât know about,â says Allen Halcomb, president of MossCreek in Knoxville, Tennessee. âFor example, bankers sometimes are aware of property before it even comes on the market. Builders are also a good source of information on property.â It also doesnât hurt to take a drive with your eyes peeled for desirable land in the area.
âMany of our customers have purchased their property just by viewing a particular piece of property that was not listed for sale and asking the owner if they would consider selling some of the acreage,â says Mark Feder of Appalachian Log Structures in Ripley, West Virginia. âWe found our property through a friend that knew we were looking for land, so spread the word if youâre in the market.â
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Cost Considerations
As with most things in life, you typically get what you pay for with property. Simply put, if one piece of land is significantly less expensive than another, there is often a good reason. Many factors can play into the cost of a piece of property, but one of the key considerations is slope. Even a slight slope can complicate the construction process, notes Halcomb. âFlat property that costs $100,000 might actually be preferable to sloped property at $60,000.â
Some of the factors that result in cost savings on the front end of a land purchase may quickly disappear when you get into the construction process, so itâs important to do your research before committing to the âquick deal.â The steep slope mentioned earlier, for example, can add significant expense to building a safe foundation for the home. Halcomb adds that proximity to roads, utilities and water are also important considerations. A remote piece of property might seem desirable in theory, but you may end up footing a hefty bill to extend these services to a home on the property once itâs complete.
What to Look For ⊠And Avoid
Ultimately, finding the ideal piece of land for your home involves vetting your hopes and dreams against the reality of what the land can handle. This isnât to say that you canât have the mountain view and the babbling brook in the backyard. It just means that you need to go the extra mile to make sure that the babbling brook isnât part of a wetland, and that the mountain view isnât resting on top of solid bedrock. âThe soil itself is the single biggest consideration,â says Francie Cook, regional building consultant for Beaver Mountain Log and Cedar Homes in Deposit, New York. âA loamy soil is best for a building site.â
To assess a siteâs soil, it might be best to consult with a local builder before you buy, says John Ricketson, of Hearthstone in Macon, Georgia. The builder can help you determine any problem areas, such as ground thatâs too wet or too rocky to build on. The zoning restrictions of a particular area are another important thing to be aware of, notes Cook. âMany rural areas have no zoning,â she says. âWhat that means is the neighboring land owner may be able to park old junk cars and pitch a tent if they so desire. A few simple calls to the local township can prevent you from making a big mistake.â
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Going Deeper
Fortunately, there are several safeguards in place that can protect potential property buyers from making a bad purchase. Ricketson says that a âperc testâ is one of the most important of these. Essentially, this test measures how much liquid can percolate into the soil on the property, and it determines whether a septic system is feasible on the property. If a parcel of land canât pass a perc test, it can be difficult or even impossible to build on it. In addition, a title search and survey should always be done on a property before purchase, Feder says. âThe title search ensures that there are no liens against the property, and a survey can confirm property boundaries that may not have been marked or defined for many years.â
Closing the Deal
These tests and searches should be conducted before closing the deal on the land if possible. But in some cases, particularly for the perc test, testing may need to wait until after youâve taken possession of the land. In these instances, Halcomb says you can protect yourself by making the results of these tests a âcontingency of sale.â Basically, this means that if the property cannot pass the perc test, then the sale is off. Land purchases arenât regulated in quite the same ways as home purchases, so potential buyers need to do their research and go the extra step to protect themselves.
In many cases, itâs best to go through the process with a professional like a real estate agent, or even an attorney, who has done it before. Looking for the perfect piece of land for your dream cabin can be an enjoyable pursuit. The key to keeping it that way is to research before buying and assess each potential site with a cool eye and the help of a seasoned pro or two.
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