News Selecting and Purchasing a Lot For You New Home

Selecting and Purchasing a Lot For You New Home

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There are many factors involved in selecting and purchasing a lot that will be suitable for a particular house. Usually it is necessary to look for a lot in a new development or an individual lot in a built-up neighborhood.

Community Facilities and Services

What are the community facilities and services, including schools, public safety, garbage and trash disposal, water and sewage, hospital and medical services, shopping, and recreational activities? If water and gas lines, sewers, curbs, and similar items are not yet installed, find out if there will be an assessment for them later.

Lot Shape and Contour

Lot shape and contour. Is the lot wide enough and deep enough for the house? Is it contoured up or down so that it will require a specially designed home, unlike the average home that can be built on a flat lot?

Future Prospects of the Neighborhood

Future prospects of the neighborhood. Is it likely to remain relatively stable, or will the nature of the area change as the city or village grows? since the home is the largest single investment for most families, it is important to protect it through careful planning.

Local Zoning Restrictions

Local zoning restriction. Every city or area is divided into various zones, generally in the following order: single-family dwellings, multiple-family dwellings, apartments (cooperatives or condominiums), light commercial, heavy commercial, light industrial, and heavy industrial. Most families want a lot in a neighborhood that is restricted to single-family dwellings.

Deed Restrictions

Deed restrictions. Within any zoning area there may be individual deed restrictions on the lot. These may specify the minimum size house that can be built on the lot, the setback allowance from the street to the first solid wall of the home, the distance from either lot line in which a house cannot be built, and similar points. These area all limiting factors that affect the size and shape of the house that can be placed on a particular lot.

Selecting and Purchasing a Lot For You New Home
General Contributor
Janice is a writer from Chicago, IL. She created the "simple living as told by me" newsletter with more than 12,000 subscribers about Living Better and is a founder of Seekyt.

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