How to Find the Right Lot for Your New Home

October 3rd, 2023 | by Tim Rawlings

There’s nothing quite like planning affordable homes built on your land. But before you start envisioning the layout and decor, you’ll need to lay down a strong foundation—and that begins with finding the perfect lot.

Your choice of land will significantly impact the building process, your future home’s value, your daily life, and your overall satisfaction. In this guide, we’ll explore the essential steps to help you discover the right lot for your new home, so you can ensure that your investment is both financially sound and a perfect fit for your lifestyle.

The Importance of Finding the Perfect Lot

Before we dive into the nitty-gritty details, let’s discuss why choosing the right lot is so crucial. Your lot is more than just a piece of land; it’s the canvas upon which you’ll paint the picture of your future home and life. With that being said, let’s look into the essential factors you’ll need to consider to find your perfect lot. 

Define Your Priorities

To find the ideal lot, you must first define your priorities. What are your non-negotiables? Consider factors like:

  1. Lot Size: How much space do you need for your dream home and outdoor activities?
  2. Orientation: Do you prefer a lot that faces a particular direction for natural light or views?
  3. Topography: Are you willing to work with sloped terrain, or do you want a flat lot?
  4. Privacy: Are you comfortable with close-by neighbors and nearby streets?

Identify Your Must-Have Features

Now, let’s narrow it down even further. Make a list of the features you absolutely must have:

  1. Amenities: Think about nearby parks, shopping centers, and other conveniences.
  2. Schools: If you have children or plan to, consider the quality of nearby schools.
  3. Work Commute: How far are you willing to commute to work?
  4. Future Growth: Is the area likely to develop or change significantly in the coming years?

Consider Your Lifestyle and Future Needs

Your lot should align with your lifestyle and future plans. For example, if you’re an avid gardener, you might want a spacious backyard. If you’re planning a family, you’ll need space for growth.

Location, Location, Location

Now, let’s talk about the golden rule of real estate: location matters. When evaluating a lot, consider:

  1. Proximity to Work, Schools, and Amenities: Calculate commute times and check school districts.
  2. Neighborhood Character and Community: Does the neighborhood match your vibe? Is it family-friendly, quiet, or vibrant?

Understanding Local Zoning Laws and Regulations

Before you get too attached to a lot, familiarize yourself with local zoning laws:

  1. Lot Size, Setbacks, and Building Restrictions: What are the minimum lot size requirements, and how close can you build to property lines?
  2. Permits and Approvals Required for Construction: Know the process and timeline for obtaining necessary permits.

Environmental Considerations

Respect for the environment is vital when planning affordable homes built on your land. Evaluate the lot’s impact on the natural surroundings:

  1. Soil Quality and Suitability for Construction: Test the soil to ensure it can support your home’s foundation.
  2. Potential for Flooding, Erosion, or Other Hazards: Research the lot’s history of environmental issues.

Budgeting for Lot Purchase

Remember that your lot purchase is just one piece of the puzzle. Be sure to:

  1. Calculate the Lot’s Cost in Your Overall Budget: Ensure you have room for the land purchase within your total budget.
  2. Consider Additional Expenses: Account for costs like site preparation, landscaping, and utilities.

Site Visits and Inspections

Don’t just rely on online listings. Schedule site visits to potential lots to check for any hidden issues and ensure it meets your criteria.

Simplify the Home-Building Process With Build on Your Land

Finding the perfect lot for your new home can be an overwhelming and time-consuming process. At Build on Your Land, we simplify your experience with step-by-step guidance from experienced land experts.

Our team helps you search for the perfect lot in your desired area and budget, so you can ensure that your investment is sound and a great match for your lifestyle. Plus, our resources and support make navigating the home-building process easier than ever.

Start your journey today to discover the perfect lot for your new home. Contact our team at Build on Your Land to get started—we look forward to helping you build your dream home!