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Land VariablesLocation, Location, Location Probably still the most important aspect of any real estate. The cost of a ½ acre lot can vary from $10,000 to $1,000,000 depending on its location. Even within the same neighborhood, the value of the lots can vary by 100%. * Water front lots cost more * Mountain views cost more * Treed lots cost more than no trees * Golf course lots cost more Keep in mind, even though these types of lots cost more, they also may have a higher, better resale value in the future since they are more desirable by the general public. Site Preparation Preparing a site for construction can have a big impact on the cost of a home. Building on a flat lot will usually cost less. If you have to haul in lots of dirt, do a lot of grading, clear trees, or have large rocks blasted through then site preparations can become more expensive. Size of the Lot A two-story home can be built on a smaller lot because it has a smaller footprint size compared to a one-story home that has the same square footage. Because of this you may be able to save money on the size of the lot needed for your home. |
Building Tip
"A solid concrete foundation will out-perform any other type of foundation. It is stronger and more difficult for moisture to pass through it."
The basement is the preferred foundation of choice. It is inexpensive additional square footage that can be used as finished living space, storage, mechanical rooms, etc.
INSPIRING THOUGHT
One day Alice came to a fork in the road and saw a Cheshire cat in a tree.
“Which road do I take?” she asked
“Where do you want to go?” was his response
“ I don’t know” Alice answered
“Then” said the cat “it doesn’t matter.”
~ Lewis Carroll