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Building Lots and Land Guide

Buying a piece of land and building your custom dream home may not be as simple or as easy as you may think.  Here are some steps in the process…

  • Buying the right piece of land:

    • Location…neighborhood vibe, adjacent property owners

    • Market value…get a Comparable Market Analysis by a Realtor

    • State Permits…Act 250, Wetlands, Water and Wastewater, Stormwater,  local Zoning or Subdivision

    • Access…public or private; curb cut, right-of-way or shared drive 

    • Wastewater…municipal sewer or on-site (perc test needed?)

    • Water…need to drill a well or test the water (no springs allowed)

    • Survey…need to know the boundaries, easements and rights-of-way.

    • Read the Deed!

    • Some banks will loan up 50% of the market value or do a package loan

  • Develop the property

    • Hire an engineer to… 

      • Design a sewer line or on-site septic system

      • Identify a well location

      • Site plan for the house and driveway access

      • Apply for state permits, if needed

    • Hire an architect, or home designer

    • Hire a builder (general contractor or construction manager)

    • Want to do it yourself? It just takes time, patience and money!

Our REALTORS can help guide you through the process…Contact us when you are ready

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