When you’re in the market for a new home, it can be hard to conceptualize the size of the land. Square feet are easy enough to understand, but acreage isn’t simple.
When looking for a lot to buy, you should be clear about your priorities.
Look at the Parcel in Real Life
There are many things to consider when buying a home, including whether you want a large yard or a smaller one and what your budget is. You should prioritize these factors based on your needs and wants for your home. Some people prefer to live on the outskirts of town to get more space, while others enjoy being close to city amenities like shopping and restaurants.
Seeing the land in person is one of the best ways to understand what an acre looks like. A realtor can take you to visit different lots and show you their size. They might even let you walk around on them so that you can visualize how you’d use the property.
You should also check out the topography of the land. The most desirable acreage is flat and grassy since it’s easy to build on and suitable for growing crops. Rocky terrain, sandy regions, and areas prone to flooding are less desirable.
Talk to a Land Buyer
If you’re in the market to buy land, working with SellLand is best. They’ll know what to look for and can help you avoid mistakes that could cost you money or the ability to build your dream home.
They’ll also be able to tell you if the soil is suitable for building or digging wells. And they’ll be able to provide information about zoning laws or environmental problems that may prevent you from building on the property.
It’s also important to discuss what your priorities are with your realtor. For example, if you need a certain number of bedrooms, you might have to sacrifice acreage or location to get the right home for your needs.
Get a Measurement
The land can be challenging to locate or map out. If you are looking to buy a plot of land that does not have the essential utilities available, it can be difficult and expensive to bring them in. This can include water, sewer, and electricity.
Knowing the land size you purchase is essential before signing on the dotted line. Usually, this information is available from the county or city.
Many people understand what a square foot looks like or can measure it with tape, but it can take longer to grasp the concept of acres. You can use several online tools to convert between the two measurements. You can also use the GPS feature of your phone to get a measurement on the ground.
Look at the Future Potential
A land-to-building ratio is a great way to see what the future potential of a parcel might be. This can help you determine whether the property is a good investment. This ratio is calculated by dividing the total square footage of the land by the square footage of the building on it.
Land with a high ratio is typically considered undeveloped or has the potential to be developed in the future. In contrast, a low ratio means the land is already being used.
The right size of land to buy depends on your goals and lifestyle. Some people prefer a small plot of land with a garden and room for a few pets. Others want large acreage that they can build on. If you want to expand your current house, consider the cost versus selling and buying a bigger home. Also, think about what you’re willing to sacrifice regarding location or acreage to find the right house for you.