Ensure there is legal "ingress and egress" (a way to get in and out). Landlocked parcels require negotiating an easement with neighbors, which can be a legal hurdle. 2. Due Diligence: Can You Actually Build?
Is the land "improved" (already has access to water, electricity, and sewage) or "unimproved" (raw land)? Connecting raw land to utilities can cost tens of thousands of dollars. land to buy to build a house
Research if the land is in a flood zone, contains protected wetlands, or has "bad soil" that requires specialized, expensive foundations. 3. Financial Planning and Budgeting Ensure there is legal "ingress and egress" (a
Never buy land based on a visual inspection alone. Issues like poor soil or zoning can make a lot unbuildable. Due Diligence: Can You Actually Build
In 2024, the national average for new construction was roughly $162 per square foot , excluding land costs and contractor fees.