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Choosing a Lot

LOCATION
LOCATION
LOCATION

 [IMPORTANT THINGS TO CONSIDER BEFORE YOU SETTLE ON A LOT]

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.


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