Building a home requires considering key factors like the land's genuineness, proximity to major roads, electricity, and amenities. It is important to verify the land's ownership history to avoid litigation. The land should also be near major transportation routes, office, electricity access, banks, and schools for convenience. Overall costs of building, amenities, and living must be affordable long-term. A home's location should provide comfort for the owner's family.

1. 8 Things to Know Before Buying Land to Build
Your Home

2. In this time of economy recession one major challenge that people, especially
those in the cities battles with is their rent. The thought of a phone call from
landlords or agents has led many to developing high blood pressure.
we know you have been thinking of building your own house. we know you are
fed up of having to give excuses and explanations to your landlord all the time
because of rent. we also know that the times are hard; the economy is at a slow
pace.
Building your own house is good as it takes certain responsibilities away from
you. It is a major achievement in some parts of the world when you move into
your own home. But we would want you to consider some factors before
embarking on your new home projects.
Given below are 8 factors to consider before buying land to build your home:
Land to Build Your Home

3. Knowing a Genuine Land/Owner
This is a major reason why many have ignored the thought of buying
land to embark on building projects. The stories of litigations over
lands that saturate the space are enough to discourage many from
giving thoughts to buying land to build their own home.
The world has always witnessed the existence of good and bad.
Everything that is good always has its bad version. Our ability to
identify the good at all time is what makes us a winner in the game of
life.
It is not every land that is offer for sale that is not genuine and vice
versa but whatever the case may be the buyer must ensure that due
diligence is observed. Desperation should be avoided when trying to
buy land for any projects.

4. Proximity to major road and highway
It could be frustrating sometimes when your abode his not easily
accessible to friends and family. And a situation where you have to
spend several hours to get to the major road in your town/city could
impact negatively on your health.
Precious time can be saved when your land is not far from the major
road and highway in your location. This can impact positively on the
time spends on daily activities and engagements.
Thoughts like the nearness of the land to the major road around and the
major highway in the city are crucial when thinking about buying land
for home projects.

6. Proximity to office or place of work
That you have become a land lord is not a
reason why your work or business should
suffer. This is an important factor to consider
before embarking on a building project. I have
seen people who have to abandon their
business in the city because they moved to their
own house in a remote part of the state.
Thereafter they would not be able to make
money the way they have been doing before
becoming a landlord.

7. Proximity to Electricity
Electricity is an essential factor to be considered when
planning to build your home. Running a home without
access to electricity could be very costly and frustrating.
It will impact negatively on your budget. It may even
impact negatively on your health.
It may not be readily available in your proposed estates
at the time of buying the land but it should not be far
from its vicinity. The cost of installing electricity to the
site should however be friendly and easily affordable if
it is to be installed in a short time.

9. Proximity to telephone /
internet networks
The world today revolves around technology, and
telephone and internet are major drivers. However it is
not unlikely that these services are yet to be operational
in several places.
Living in areas without telephone and internet access is
like living on an island. In this global village that we
live you will do well with good telephone and internet
access without which you are not accessible, and cut off
from the world of information.

11. Proximity to Bank/ATM
You will always need cash to run your life and home.
Especially in an environment where e-commerce is still
unpopular and many businesses still rely on traditional
method of selling, there will be dependability on cash
all the time when you are in your new home.
Unlike in the past when you can keep cash at home for
as long time as possible the current security challenges
faced by many countries does not allow the storage of
excess currencies at home.Access to a bank or an ATM
would take off the burden of keeping and accessing
cash as at when due, because without access to cash
one could be stranded in the home.

13. Overall cost of building and
living in your new home
This is what will determine whether you will be able to
build and maintain your proposed home. The cost of
land, building, and that of providing basic amenities
should be given adequate consideration before
embarking on the projects.
It could be frustrating to own a building in a place that
is not easily accessible by road. Cost of maintaining
cars, providing security and electricity, could make one
to relinquish the status of a landlord too soon.

15. Comfort of family and dependents
You will not live in your new home alone. The comfort
of those who will live with you in the home should be
put into consideration. What is good for you may not be
good for your spouse and or children.
It will not be fair to deny your children access to good
quality education because you now live in your own
home. The impact of the proposed area on their health
and emotions should also be of concern to you.

16. About RealtyConnect
As the premier real estate agents in Plymouth, we’re here to
provide you with all the resources and information you need to
buy or sell real estate. We work with buyers and sellers in
Plymouth, Maple Grove, Minnetonka, Hennepin County, Eden
Prairie and the surrounding areas and have had extensive training
in the latest real estate marketing strategies. We’re confident that
wecanofferyouknowledgeandtoolsmostotheragentscan’t.