|
CHOOSING A LOT
is one of the most important decisions you'll make before
building
a new I home.
Location dramatically affects a home’s value and the comfort
and convenience it provides
your buyers.
Here are some things you'll want to consider:
[NEIGHBORHOOD]
Does the home you plan to build fit in with existing homes? Is it consistent with the value of other homes? Generally, homes in the lowest price range within a neighborhood retain the highest resale value. Do you agree with the covenants governing such things as exterior paint colors, fencing materials and garden sheds? Is it a popular area; do homes in the neighborhood sell quickly?
[SCHOOLS]
Does
the school district have a solid reputation? This is an important
resale factor for
the homeowner.
[CONVENIENCE]
Is there convenient access to grocery stores, restaurants and churches? Is it a quiet neighborhood, away from heavy traffic, railroad tracks and airports? A cu-de-sac may provide extra privacy, but
offers little parking on adjoining streets.
[SAFETY]
A low crime rate
is essential, but the availability of medical facilities and police
and fire protection is also something to look at - especially if
building in a rural area.
[UTILITIES]
In the outer suburbs and
countryside, it's essential to fully investigate what utilities
exist. Are there
sewer hookups or will you need
a septic system? Are natural gas, telephone and cable television
services available?
[TAXES]
Remember taxes rarely go
down and usually increase. Will taxes be a positive or negative
factor
when
it comes time to sell?
[DIRECTION]
The direction the
lot faces can contribute to the "climate" of the home. In the
continental U.S., homes that face north and south are the most
energy efficient.
In the summer, they avoid the extreme heat generated by west-facing
windows. In the winter, a southern exposure can contribute significant
solar heat.
There are other factors to consider, such as the amount and type
of sunlight desired in different rooms. Northern light is clear,
cool and consistent. Eastern- facing rooms are especially warm
and bright in the morning and can retain heat throughout the
day. Windows facing west may need some sort of UV protection
to keep
the room's furnishings from fading.
[TERRAIN]
Higher lots are generally
considered more desirable because they offer better drainage and
optimal views. If you plan to finish the basement, a lot that naturally
accommodates a walk-out is a wonderful bonus. Choosing the best
possible location can help ensure a quicker sale, making any new
home a
place
your buyers
will want to start and end each day. |