Buying a plot of land to build a house is a dream for many people. However, it is not a simple process and there are some important things you need to know before you make this big decision.
Here are five things you should consider before buying a plot of land to build your dream home.
Location
Location is one of the most important factors when choosing a plot of land. You want to find a place that suits your lifestyle, budget and preferences.
You also want to consider the accessibility, security, amenities and potential for growth of the area. Do some research on the neighborhood and visit the site several times to get a feel of the place.
Size and shape
The size and shape of the plot will determine how much space you have to build your house and what kind of design you can use. You want to find a plot that is large enough to accommodate your needs and preferences, but not too big that it will cost you more in terms of taxes and maintenance. You also want to avoid plots that are irregularly shaped or have steep slopes, as they may pose challenges for construction and drainage.
Soil quality and drainage
The soil quality and drainage of the plot will affect the stability and durability of your house. You want to avoid plots that have poor soil quality, such as clay, sand or rock, as they may require more foundation work and increase the risk of cracks and subsidence. You also want to avoid plots that have poor drainage, such as low-lying or swampy areas, as they may cause flooding and water damage.
Legal issues
Before buying a plot of land, you need to make sure that it has a clear title deed and that are no disputes or encumbrances on it. You also need to check the zoning regulations and building codes of the area to ensure that you can build the type of house you want on the plot. You may need to hire a lawyer or a surveyor to help you with these legal matters.
Cost and financing
Buying a plot of land is a major investment and you need to have a realistic budget and a reliable source of financing. You need to consider not only the price of the plot, but also the costs of surveying, legal fees, taxes, utilities, fencing, landscaping and construction. You also need to compare different financing options and find the best deal for your situation.
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Buying a plot of land to build a house can be a rewarding experience if you do it right. However, it can also be a stressful and costly one if you do it wrong. That is why you need to do your homework and plan before you make this life-changing decision.
If you are looking for a piece of land in Kisumu to build your dream home, you should check out The Domain, Kisumu Dala by Username Properties Limited. These are prime plots of land located in Kisumu’s fastest growing area, along Kisumu-Busia road, near Lake Victoria. They offer scenic views, serene environment, modern amenities, and high returns on investment. They are also affordable and have flexible payment plans. Don’t miss this opportunity to own a piece of land at Kisumu, with the best Real Estate Realtor in Kisumu.