Skip to content

Hidden Factors to Consider When Selecting Your New Home Lot

Several factors must be considered when searching for a lot for your custom dream home. Selecting the right site makes all the difference in the home you can build and what you can expect from your living experience after finishing the build. Here’s what to look for in your new home lot selection process.

Hidden Factors to Consider When Selecting Your New Home Lot

Location Accessibility

Where is the lot located? Is it easily accessible to excavation machinery and materials trucks? If you’re building a home out in a rural area, and getting a vehicle on-site is challenging, it will considerably increase homebuilding costs.

The proximity to highways and local infrastructure plays a role in final building costs and what you can expect to pay for the project.

Utilities And Service Connections On Your New Home Lot

There are some important things to consider when dealing with utilities.

  • Does the lot offer access to underground utilities like municipal water, gas, and sewage lines?
  • Will you need to install a septic system on the property?
  • Can the power company run lines to the property?
  • Does it facilitate high-speed internet cable access and phone lines?

Your real estate agent should be able to offer a list of local utility companies in the area so you can research costs.

Property Taxes

What are the property taxes for the area? Are they within range, or will you pay an excessive amount on these taxes each year?

Property taxes are determined by the property’s taxable value and the tax rate for the district in which the new property is located. It’s important to determine this is the new home-buying process.

Land Survey Factors On A New Home Lot

You’ll need to hire a land survey specialist to assess the lot and development plan. This needs to be done before the homebuilders can begin construction.

The topography of the landscape plays a role in construction costs. Consider the following:

  • Is there a slope? Will I need a retaining wall?
  • Does it snow in the area? If so, building a north-facing home means the snow on the driveway won’t melt as fast as south-facing homes.
  • If your house gets sun to the windows, it lowers your heating costs in the winter.
  • Is there a view? Will the place where the home is situated affect the view?
  • Are there trees on the lot that might block the view? Trees can also increase fire risk in some areas, such as eastern Nebraska.

The soil is another important factor determining the structure’s integrity and longevity. A soil engineer must test the site to assess its movement and expansion.

Neighborhood Assessment

What is the crime rate in the neighborhood and surrounding areas? If online resources don’t offer the information, you need, speak with a local realtor for insights into the area. You might also consider asking neighboring homeowners about their experience with crime in the area.

Does the local environment have any toxicity? Is it a desirable neighborhood to buy a home? Do the neighbors have well-kept lawns and front yards? Are the homes well-maintained or disheveled?

Property’s Future Sale Value

Consider the proximity of the lot to shopping centers and schools. Research the locations of the closest shopping areas for basic household needs.

If you have school-aged children, you’ll need to assess the quality of the school district as well. A good school district is an important factor in the property’s future sale value.

Homes placed on pie-shaped lots add value to the property as well. These are common on properties with cul-de-sacs. They have a narrow lot area in the front yard and add value with a larger backyard for families and entertaining.

Legal Aspects Of A New Home Lot

What are the zoning laws in the neighborhood? You don’t want to build in an area where manufacturing businesses might set up and start making noise. Local building codes can impact the home you build.

Are there plans to expand the neighborhood and streets? These plans determine the future traffic flow and development of the area in the future. Lots may have setbacks and zoning restrictions on some pieces of land.

What are the rules for easements in the area? How do they limit the areas of your property suitable for custom home design and construction? If power lines run across the property it can limit where home builders can build on the lot.

Some neighborhoods restrict the type and square footage of homes you can build. This may include its visual design and aesthetics, and the activities you can conduct on your property.

Hire a Professional

Hiring an experienced custom home designer and construction specialist is the best way to assess the property. They can discuss its full potential before closing the deal. A custom home design and construction specialist builder assist with determining if the lot is suitable. They’ll also recommend the right contractor network to ensure project success.

Selecting a New Home Lot

Selecting the right lot for your custom home is challenging. There are plenty of considerations, and if you don’t have the experience to assess the lot properly, you could risk making an expensive mistake.

Most homeowners lack the experience or skills to conduct an effective, thorough site analysis or survey. Understanding the specifics of the site features requires the assistance of a survey professional before committing to the design and construction of your custom home.

Additional Reading: What to Consider When Buying Your Forever Home

Graves Development Resources | Land Developer in Omaha, Nebraska

Graves Development Resources (GDR) has been designing and building the market’s finest neighborhoods since 2000, with over 5,000 homesites and important commercial development projects throughout Douglas and Sarpy Counties.

Our pages showcase current neighborhoods where new home buyers may select from hundreds of home sites. We are definitely “phone friendly” and welcome the opportunity to provide you with all the information you need before making one of the most important decisions for your family’s future. Contact us with any questions.

Published inBridgeportPier 15