If you’re planning to build a new home, the process starts with selecting the right parcel of land. Only you can determine the location that’s most convenient for you and your family, so it’s crucial to do some research before you settle on a spot. Here are three suggestions to help you make the most suitable choice.

How to Choose Land for a New House

1. Consider Local Values

The idea of building a new home from scratch is appealing because it allows the homeowner to create their dream property with all of the amenities that they desire.

But if you’re hoping to obtain a construction loan, the lender will need to see a detailed outline of your job, including the budget for the project. If that exceeds the value of homes in the vicinity, your loan request may be turned down.

Therefore, select an area that features houses similar in scope to what you have in mind for your future property. It helps to work with a real estate professional who knows the area well.

2. Consider Land Development

Many areas are already fitted with electricity, water, and sewer lines. But if that’s not the case, then you’ll need to connect the lot to area utilities. The associated costs depend on the precise location, so seek out this information before purchasing the land. If you can’t connect to a sewer or city water system, you will need to install both a septic tank and a well.

3. Consider Environmental Concerns

All prospective plots should be tested for environmental factors, especially if you’re considering an area that isn’t currently occupied by other homes. Assessments involve analyzing the soil and air, as well as any water that’s present. The technician will determine whether any type of contamination or pollution is present and what needs to be resolved before the land is safe for building.
 

Are you ready to buy land for your new home? Trust in the real estate professionals at SWE Homes in Houston, TX, to help you get started. With access to land for sale and for lease, the company is committed to simplifying the search process so you can settle into your new house as soon as possible. They make it simple to search listings, providing you with all of the information that you need to make an informed choice. Visit the website to browse properties, or call (713) 413-1000 to speak with a representative.