In the last few years, buying rural land and building a house on it has become more popular than ever. Since the pandemic, people are looking for calmer and more sustainable ways of life, with more open spaces and land to build on. With the ability to work from home and better internet options, living in a rural area is no longer a disadvantage.
Buying rural land and building a home gives you much more flexibility and freedom than purchasing an existing home, but the process is a lot more complicated. Finding property in an area you like is only a small part of the equation when it comes to buying land. If you’re planning to build a house on that property, you need to understand all the things that go into evaluating that land for a new build before you sign a purchase agreement.
Pat Porter, owner and broker at RecLand Realty, covers some of the basic information you need to know when looking for a future building site.
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