Share:

Buying land can be daunting for newcomers. Fortunately, areas like Coon Rapids, MN, have a wealth of property available, and you can make a wise investment with a strategic approach and careful consideration. As you prepare to begin your journey into land ownership in this promising area, here’s a brief guide to get you started.

How to Find a Lot

First, you should go into your search informed and with an understanding of exactly what you need. What are your plans for the land? If you’re thinking of homesteading, for instance, you’ll need much more acreage than someone who’s simply looking to build a house with a modest yard. Begin planning everything you need, from a home that fits your lifestyle to a space for gardening or keeping animals. Set a budget, too, so you can be sure you’re realistically able to afford the land.

Once you know what you’re looking for, the internet is often the smartest place to start. With a simple online search, you can find local realtors who have listings available on their websites. If you don’t immediately see what you’re looking for, you can always reach out and partner with a realtor before you find the right land. These experts have connections as well as vast knowledge of the local market and may be able to send you new listings before they begin showing up online.

Evaluating & Purchasing Land

propertySince buying land is a considerable investment, do your research on the lot before making an official purchase. Protect your interests by looking into its ownership history, ensuring there are no liens against the land or ownership disputes. Look at surveys and research the land to check for issues with the lot size, property lines, environmental restrictions, or problems with being landlocked by other properties.

Find out what type of zoning the land falls under; for instance, residential, multi-family, and agricultural zones all allow for different types of construction. Also, look into property taxes to find out what you’ll owe, as well as which utilities are available in the area.

 

If you’re thinking about purchasing property in Coon Rapids, turn to EXIT Realty Nexus. This experienced team uses detailed search functions to help you view available land as well as residential and commercial real estate. They’ll help you navigate transactions as smoothly as possible using insider tips and tools like mortgage calculators. Browse through their available properties online, or call (763) 548-1400 to discuss your plans.

tracking