Building A House
Land & Building a Home
spend much time looking for land to buy, first do a little research to find out
what costs and steps have to be take before the actual construction. You may
decide it is worth more to buy an existing home and make personal
modifications. Many first time home builders think you just buy a lot and get
some building permits and start building. Not so, there are a number of steps
and issues one has to consider before applying for building permits.
land, you need to check the zoning to see if a home can be built on it. If it
is zoned for residential, one must consider if it can be hooked up to sewer and
water or is capable of supporting a septic system and well.
generally cost $5,000-$10,000. Wells can cost $15,000-$40,000, depending on the
depth, location and the need for a secondary pressure tank. New
condos for sale.
Building in an
unincorporated area usually requires a secondary pressure tank for the required
interior fire sprinklers. Then there is the cost of bringing in other utilities
such as electricity, propane tanks and phone lines.
Certain areas in
the area require a "Perq Test" to determine
if the site is suitable for the required septic system. This involves digging a
hole and waiting a few days to determine if the ground water rises to the point
where a septic system would contaminate it. This test can only be done during
the rainy season. Grading a lot can be a major cost of building a home. Many
lots are priced seemingly low because the high cost of grading and site
preparation in order to build. Waterfront condos for sale.
Obtaining a loan on land is not as easy as getting a loan for buying a house.
Buying raw land, lenders typically require 50% down usually with a shorter term
and a higher rate of interest. Once these steps are taken the next stop is the
local planning department.
Please visit our other area
Real Estate websites:
Pinehurst Homes For Sale
NC Horse Farms
Pinehurst NC Real Estate
Fort Bragg Real Estate
Pinehurst Real Estate