Have you ever fantasized about owning your dream house? Well, buying a piece of land means that you can design and build yourself the perfect residence. While this may be a monumental and scary project, it comes with a lot of advantages.
Some of these upsides include being personally involved the whole way through. Once you have got your ideal house block, you have to prepare it before construction can begin.
Here are some tips on how to achieve that quickly and properly.
Know What You Can Do
Of course, you should already know whether your land is approved for the construction of buildings. There is no point in buying land you cannot build on. Additionally, you should be sure that utilities such as power, water, sewerage, gas, internet, and telephone are available there.
There are other potential restrictions on where and how you can build your intended home. Other parties, such as electricity or water authorities, may have the right to access the land.
Zoning regulations can limit what materials you use and how the area can be developed. The proximity of your block to certain existing facilities like airports or racecourses may require you to have specific features in your house.
This will affect how much building your home will cost.
Take a look at your neighbors’ properties too. If they are vacant like yours, they may have building proposals that might affect your own.
Assess Your Land
Besides getting to know what you can do on your land, you should also know as much as you can about the land itself. That said, you might want to have a surveyor come over and confirm that the dimensions of the land match the land plan.
Besides, you should also check for soil stabilisation as it might affect how you can build on your property and how much it will cost.
Large trees may need to be removed depending on where you want to build. The presence of groundwater will help determine if you need extra drainage. Another detail to look out for is whether the area is prone to flooding.
The aspect of your new house block will also influence your dream home’s position and energy efficiency. A north-facing home is easier to keep cool in the summer and better insulated in the winter.
If you need to clear your plot of land, be aware that it is heavily regulated. It may seem like a hassle, but this is to prevent excessive erosion and waste. Get in touch with your local land services team before you start doing any clearing.
Once the land is cleared, vegetation will have to be disposed of correctly and according to your local councils’ regulations. Felled trees may also be worth something to timber companies so you can sell these to help boost your building funds.
Builders will also need to ensure that the land is protected from settling. Enquire with the clearing company to see if you can do anything to protect the topsoil from erosion too.
Finances and Loans
It is essential to have a budget for your new house block and to stick to it strictly. Homebuilding is a costly endeavor, and you most likely require a loan to complete your project.
The First Home Owners Grant for new homes might apply to you. You may be able to obtain up to $12,500 in grant money for your new construction.
Now that you have all the other details settled, it is time to design your dream home. Be sure to use all the information you have gathered about your house block to your optimal advantage.
Know the difference between what you need and what you want as hard decisions may need to be made later on in terms of what you can or cannot have in your home.
A practical yet beautiful design will not only give you the dream house that you want but also give your property the potential to increase sharply in value.