Owning a lot that you can develop presents a host of exciting opportunities for you. Depending on the size and location, you will have an array of development options available to you that can provide you with a long-term source of income or a forever home! Nonetheless, while land development may seem straightforward enough, there are a host of things that you need to have in mind if your project is to be successful. Therefore, before you embark on your land development project, here are a few things that you need to know.
Will zoning have an impact on your land development project?
The zoning laws in place will have a direct influence on the scope of development you can undergo on your lot as well as have an impact on how any pre-existing structures can be utilised. Therefore, it is critical to familiarise yourself with the zoning laws before purchasing a lot. If you did not do this before your investment, or if the lot was passed on to you by a loved one, then you need to get caught up on the zoning laws so that you have an idea of what projects will be best suited for your specific lot. It is worth noting that zoning laws can be complicated to understand, so it is best to have a construction contractor interpret these laws for you.
Can the zoning laws can be amended for you?
The great thing about zoning laws is that you could petition to be granted an exception from the zoning laws depending on what project you had in mind for the lot. Nonetheless, the bad news is that this application is not granted overnight. Applying for an amendment can take a significant amount of time to be granted, so it is crucial to keep this in mind when buying a lot for land development. Moreover, this application can cost you an arm and a leg, which in turn will inflate your project's costs. Your best option is to consult with an engineer on what type of property you should invest in so that your and development project can get on smoothly.
Is a survey essential before development?
Do not presume that a survey is only crucial for some projects because this service is imperative for any land development project. Moreover, there are different types of surveys that you will need to enlist, including a location survey, site-planning survey, topographical survey and so on. These surveys are essential since they will alert you to any pre-existing issues that will impact the project. Further ore, the surveys will help guide your design of the building so that you can avoid running into issues such as egress, ingress and so on.