If you’re looking for vacant land so you can build your dream home or vacation residence, Indian River County and Brevard County are two of the places you should explore.
Read more for helpful tips on how to purchase land, as well as its benefits and drawbacks to help you make an informed decision.
Buying land in Florida
Located relatively close to Orlando, Brevard County and Indian River County are two of your best bets if you’re looking for land that has plenty of investment potential. Before you jump into the buying process, however, you’ll need to take a look at several factors, such as the following:
- Zoning restrictions – Just because the land is vacant doesn’t mean you can get away to do whatever you want with it. It is most likely zoned for a specific purpose. Some areas are zoned especially for commercial uses, some for industrial purposes, while others are strictly for residential development.
- Land quality – Considering the soil’s quality and composition is not only helpful if you’re planning on cultivating a garden. It helps if you’re going to construct buildings as well.
- Water source and quality – Water is an essential utility, and access to it is a must-have, especially if you’re building your dream home. Aside from the source and the quality, as a landowner you will also have certain obligations you need to fulfill. It’s best to get acquainted with these before purchasing vacant land.
- Access to other utilities – You’ll need electricity, gas, and telecommunications, among other utilities, to create a functional home. Look into these services and their respective rates so you can make the necessary adjustments.
- Your goal – Land is a huge investment, so before you go ahead and make offers, it’s imperative you’ve already determined your goal as this affects the whole buying process.
Tips on buying land
As established, vacant land have plenty of investment potential. Here is how you can ace the buying process and get the land you want.
- Work with a real estate professional specializing on vacant land. It’s not enough to hire a real estate agent. You should work with one who knows land. By doing so, you will be able to navigate the whole process successfully and as stress-free as possible.
- Perform all necessary environmental surveys or tests. In lieu of a home inspection, you’ll be advised to have tests or surveys performed on the land. This will help you make sure you’re buying vacant land that is safe to build and live on. Additionally, surveys will also help establish clear boundaries.
- Look at the homes in the area. If building your dream home is part of the plan, it’s wise to take home values in the area into consideration. Financing can be difficult to obtain if the plans for your home exceed the property values in the neighborhood.
Land for sale in Fellsmere, FL
When it comes to buying land in Indian River County and Brevard County, Francine Kidder and her team are the real estate professionals you can trust. Get in touch at 772.925.9587 or francine(at)francinekidder(dotted)com.