Monday, June 23, 2014

How to Buy a Lot

Tips For Purchasing a Homesite

Looking for land in Tahoe over the holiday week? I have some tips for you. I can't tell you how many times people want to look at land to build, and don't get out of the car to walk on the sites they are considering. This is a huge mistake! If you are looking to make the first step in a build project investment, the land is arguably the most important piece of the puzzle. You could have an amazing house on a terrible lot and there is nothing that can be done about it no matter how great the house is. So get out of the car, put your sneakers on and have fun with it!

 Some important questions to consider: 
  • Is there a distinctive feature about this lot? (Location, views, size) If the answer is no and you are just looking at another lot in the forest, you might want to keep looking. Especially in large amenity communities like Martis Camp, what is going to make someone want your lot or home in the future vs. other options when there is a lot of inventory? 
  • What is the sun orientation of the lot? Are you someone who likes to spend time on your back patio/deck and enjoy the afternoon sun? If so, make sure the lot accomplishes that goal.
  • Have you looked at all of your options in similar price ranges even if they are in communities you haven't considered? You may find something more suitable or you may reinforce your #1 pick. But spending a little extra time is worth it. Sometimes smaller communities offer a  more intimate feel and have less inventory=better overall value for you personally.
  • Are you informed about any restrictions or design guidelines that could impact your design for your home? Make sure you know what they are before you buy.
  • Have you consulted an architect and/or a builder to come walk the lot with you? Their input can be invaluable when making a decision to buy a lot. 
Just some thoughts and I certainly have many more for land buyers, feel free to contact me with any specific questions.

Katie Tyler

BRE 01442453
c 530 277 1012 

No comments:

Post a Comment