Buy A Lot And - Build A Home
If you’re looking to turn a patch of dirt into a front porch, here is the roadmap. 1. Finding the Right Dirt
Just because you own the land doesn’t mean you can build anything. Check for height restrictions, setbacks (how far from the road you must build), and utility easements that might cut through your backyard.
A steep slope might offer a great view, but it also means expensive retaining walls and foundation work. 2. Assembling Your "Avengers" buy a lot and build a home
Not all lots are created equal. Beyond the view and the neighborhood, you have to look at the "invisible" factors:
Is there city water and sewer, or will you need to dig a well and install a septic system? Bringing utilities to a remote lot can cost tens of thousands of dollars. If you’re looking to turn a patch of
Building a home typically takes 6 to 12 months after the permits are issued. You’ll watch your home go from a hole in the ground to a wooden skeleton, then finally to a finished space. It requires patience, but the payoff is a home where no one else has ever lived, designed specifically for the way you move through the world.
Construction loans are different from standard mortgages. They are typically short-term, higher-interest loans that "draw" funds as phases of the house are completed, then convert into a traditional mortgage once you move in. 3. The Design-Build Dance Check for height restrictions, setbacks (how far from
Unless you’re a licensed contractor, you’ll need a professional team.
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