4 Things To Know When
Buying Land For Your Custom Home

empty home lot in colorado springs

4 Things To Know When
Buying Land For Your Custom Home

When building a custom home the land you build on is critical to the design of your new home…

Building a custom home is an exciting venture and one that not too many people get to experience. The thought of living in a home that is built to your exact specifications and design is a thrilling and satisfying feeling. With that, comes unique challenges that a production home build generally does not include. When you’re building a custom home, consider the land it’ll be built on; have patience, choose wisely and have fun building the home of your family’s dreams…

Buying Land for your custom home.

When searching for property for your new custom home there are a few factors that you will want to consider before deciding where to look.

Neighborhood – We all know that location is vital when purchasing a new home, it is no different when building a custom home. Things you will want to consider for your neighborhood could include future developments around your property, don’t let a future development obstruct that beautiful view that was the reason you purchased the property. Accessibility to community amenities such as medical facilities, recreation such as trails and playgrounds, fitness centers, shopping, etc. are all things to consider as well.

Utilities – Know how are you going to access your utilities. Ask your agent if the property has access to city utilities or are you going to be required to install a well and septic system for water and waste. Who the power company is and if there is power roughed in for the property. Are you going to need a propane tank or can you get a gas line to your new home? Phone and internet service availability… These are all items that should be addressed prior to purchasing a lot.

Property Setbacks and Restrictions РProperty setbacks are restrictions that can determine where on the land you can build. Large setbacks and easements could restrain you from having your custom home near the street where you wanted it, or set far back on the property as well. Ask your agent for a plot plan to check the setbacks on the property you are looking into.  Also, check any covenence restrictions such as stucco only, cement tile shingle roofs, minimum square footage, etc.  These type of restrictions could possibly increase the cost of your custom home.

Zoning – Similarly to choosing your neighborhood and the future developments, check the zoning around the property you’re looking into. If it is zoned for commercial use next door you may end up with a loud and busy Kum-N-Go right next door. If you’re spending $1,000,000 on a custom home, chances are you may not want that.