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Critical factors to consider when buying land

On Behalf of | Apr 7, 2021 | Real Estate And Zoning

If you’re about to buy land in Pennsylvania, it’s understandable to have some questions. Considering the cost of land, it’s imperative to make sure you’re making a smart purchase. Fortunately, doing this becomes easier after learning a few important factors to think about before you go forward.

Zoning

Land is zoned for a purpose. With that in mind, you’ll want to check the status of any land that potentially interests you. The most common types of zoning are residential, commercial, and agricultural. If the designating body classifies the land you want as commercial property, you couldn’t build a residential property here. For a clearer understanding of zoning-related issues, contact a law firm that handles transactional real estate law matters.

Preparing the land

Another factor to consider when buying land is how much preparation it needs. In most cases, you’ll need to contact a business capable of grading and clearing land. Depending on trees and other blockages, it typically costs thousands of dollars for a business to get your land cleared.

Utility connections

No home is complete without the ability to have running water, gas for heating purposes and a way to dispose of waste. Fortunately, utility hookups make all of these things possible. Therefore, it’s wise to ensure that the land you’re buying can support all of these utilities. Another concern is if you’ll have access to wireless internet and cellphone service, two essential modern commodities.

As you can see, there are several important factors to consider before buying land. By keeping a close eye on zoning laws and utility capabilities, the parcel that interests you might be a great purchase.

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