Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

Choosing a Residential Lot


Finding a lot

Planning for your new home is a very involved process. You might want to get right down to selecting a set of house plans but don't get into a hurry. It is almost a ccertianty that the design of your new home will be somewhat determined by the lot you choose. This is why it makes sense to select the lot for your new home first, before you start the design process.

The lot you select for your new home should compliment your lifestyle or social habits. It should also reflect your financial situation.

Considering the length of commute from your new lot to your place of work. What is the maximum distance that you are willing to drive to get to work? The location of schools, shopping and emergency services may also be important in deciding where to build your new home.

Types of Building Lots

There are several different types of building lots and choosing oneis simply a matter of personal preference, finances,and your lifestyle.

Urban lots are of course those within a town, city or manicupality. An urban lot can often cost more then one in the suburbs or acreage. Here in southern British Columbia a lot can easily cost you $50000 especially in a major center.

You should be aware of services such as water, sewer, gas and hydro. Knowing where these services come into the lot is essential for determinng the cost to bring these services into your new home.

It is important for you to know if there are and building restrictions or requirements that need to be followed. It is better to know before you get into the planning and design process.

An alternative to the urban lot would be to get a lot in the suburbs. The main difference between the two would bethat a suburban lot is usually more private and larger then an urban lot.

Depending on where you live the cost will vary in comparision to an urban lot. In Kamloops BC a lot in the city is comparible in price with a suburban lot considerably larger in size.

Some lots in the suburbs are able to hook up to city sewer and water but not always. Additional cost can be added to have a well built and a septic system installed. A septic system will require that you perform perculation test on the soil to determinAe the drainage capability.

A suburban lot will almost definatley mean a long commute to work and shopping. Most people find this a worth while trade off for the added privacy a lot in the suburbs can provide.

The third alternative would be acreage. A plot of land 1 acre or larger gives you the freedom to build your home where you want plus you have room to build different outbuildings auch as a shop or storage sheds.

When building on acreage it is almost a certainty that you will have to install a septic system and a well. This added cost needs to be factored in when determining overall building costs. If you plan to build your home more than 40 or 50 meters from the hydro service then the installation of hydro poles will also need to be considered.

Depending on your needs one of these 3 types of lots will be chosen. The main factor that will determine the lot that you get is price. Obviously you can't get a lot that is outside of your financial capabilities.

Once you have determined which lot you want to build your new house on it is simply a matter of arriving at a deal with the property owner. With the lot purchasedyour existing home can be put on the market and you can start the process of designing your new home.

About The Author

Dave Markel is the author of "The All Wood Working Journal". He has helped hundreds of individuals improve their wood working skills. Visit his site at http://all-wood-working-plans.com. Subscribe to the All Wood Working Journal at http://all-wood-working-plans.com/wood-working-tips.html


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


New York Times

Recent Commercial Real Estate Transactions
New York Times
... playing at the new restaurant. The space was previously occupied by Morningside Pharmacy. Tenant: Field Trip. Landlord: 101-09 West 115th Street Housing Development Fund. Brokers: Faith Hope Consolo and Arthur Maglio, Douglas Elliman Real Estate.



Forbes

Why Las Vegas Luxury Real Estate Is The Next Big Market Boom
Forbes
Since then, I knew the city was a place to establish a luxury real estate business because it's undeniable — Las Vegas was vibrant, full of verve and, dare I say, more innocent back then. It was a great city where buyers could start investing in ...

and more »


Naples Daily News

Compass reinvents the real estate sign for the smartphone era
Inman.com
Compass has unveiled a potentially groundbreaking new customizable real estate sign that its agents can control from their smartphone at Inman Connect San Francisco. “At the end of the day, the sign is really one of the core elements of an agent brand ...
New York real estate firm expanding to Naples areaNaples Daily News

all 2 news articles »


CNNMoney

Looking for a home in Berlin or Budapest? Prepare to pay more
CNNMoney
Europe is also seeing a "small-city renaissance" due to increasing interest from young buyers, said Paul Tostevin, associate director at real estate agency Savills. "Compared to higher-cost, congested global mega-cities, historic European cities on a ...

and more »


The biggest challenges in real estate today
Inman.com
The biggest challenges in real estate today. Windermere Real Estate Chief Economist Matthew Gardner discusses how to advise clients in an unpredictable market. by Veronika Bondarenko. Today 2:55 P.M.. Email Sharing: Share on social: Share with



WCBD News 2

Real estate prices are still headed higher in the Lowcountry
WCBD News 2
Jim Reese is now retired, but he sold real estate in Charleston for 15 years and managed an office for 15 years before becoming the General Manager of Carolina One for about 8 years. Reese says Berkeley County is doing particularly well, and prices for ...



Fox News

Real estate agent uses 'Tyrannosaurus Rex' to promote Texas home
Fox News
The real estate agent selling this two-bedroom, one-bathroom lake house in Granbury, TX, has hired an extra straight from the Cretaceous era to help out with the listing photos: a giant T. Rex. Among the lovely shots of hardwood floors, lake views and ...



TechCrunch

Reali raises $20M for its flat fee real estate platform
TechCrunch
Reali, a real estate platform that replaces traditional real estate transaction fees with a flat fee model, today announced that it has raised a $20 million Series B funding round led by Zeev Ventures, with participation from Signia Venture Partners ...



Forbes

Tracking E-Commerce To A Career In Industrial Real Estate Brokerage
Forbes
Doubts of growing your retail brick-and-mortar clientele have you reaching for antacid from the bubble wrap parcel on your porch? Don't post a “closed” sign on your commercial real estate journey. Instead, consider pivoting to 32-foot clear heights and ...

and more »


Caisse-Backed Avison Young to Buy European Real Estate Company
Bloomberg
Avison Young Canada Inc. will use a new, C$250 million ($190 million) investment by a big Canadian pension fund to recruit talent and make global acquisitions, including the purchase of a European real estate services company, Chief Executive Officer ...

and more »

Google News

home | site map
© 2006 TIGER MEDIA