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Where Should You Buy Land?

When planning where you want to build your new home it is important to consider the following:

Land

  •  State, County and City Building Fees.
  • Distance from your work, schools and social activities.
  • Slope of land, if any (construction costs on sloping land are higher).
  • Any Covenants, Conditions and Restrictions (CC&R's) that apply to the property. Many CC&R's have home size and style requirements along with home owner association dues. Some also have use restrictions.
  • Utility costs including public connection fees or cost estimates to install a private water well and/or septic system.
  • Build ability of the lot. Some lots have additional requirements to build on because of environmental issues, grading requirements, soil bearing requirements, and long driveways or other access problems.

If you already own your lot, your local PMHI dealer can help you resolve the cost issues related to the above considerations. If you are working with a local Realtor to find your new home building site, make sure that you make any offers to purchase the property, 'Subject to', the above considerations for at least 30 days. That way you will have the opportunity to evaluate the development costs before you actually purchase the property. Again, your PMHI representative can help you with the construction cost items by giving you a Construction Cost Estimate using a proprietary PMHI estimating program.

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