Buying A Block Of Land

1. Location

If you are opting to create your dream house from scratch with Collet Design Studio, rather than purchasing a pre-built one, acquiring a suitable plot of land is essential. Selecting the perfect plot involves various factors, including its size, shape, and location, which are not always easy to navigate. This article will guide you through the key aspects to contemplate in your search for land.

1. Location

2. Dimensions and configuration of the lot

3. Terrain slopes

4. Composition of soil, presence of rocks, and vegetation

5. Orientation of the lot

6. Expenses related to utilities

Location The cornerstone of property acquisition is the age-old adage: “Location, Location, Location”. This principle remains as pertinent now as when first introduced in the mid-20th Century. Your chosen plot should ideally be situated near essential facilities – including retail centres, educational institutions, healthcare facilities,

recreational areas, and public transport services – and located on a less busy street. Furthermore, although your

construction 􀁸rm has conducted preliminary research on your plot, it's crucial for you to confirm any potential risks related to bushfires, cyclones, or floods with your local municipal authority. These hazards can affect your insurance premiums and your eligibility for project financing. It is wise to exercise caution when looking at plots close to extensive areas of wilderness or bodies of water.

2. Size, shape and aspect of the block

The necessity for your lot to fit the home you envision is a given. The preferred option is often a level, street-facing rectangular plot. Additionally, the plot's dimensions should align with your specific needs. For example, a household desiring additional bedrooms will require a larger plot, while individuals or couples might find a smaller space sufficient. The design of your home thus directly influences the size of the plot you select. It is also important to note the challenges and opportunities presented by more "distinctive or unconventional" plots, such as battle-axe or corner plots, which might pose resale challenges down the line. Despite this, such unique plots offer advantages; battle-axe plots often come at a lower cost, and corner plots provide subdivision possibilities

3. Slopes

The allure of a block with an incline and a breathtaking vista can be compelling. However, it is essential to recognise that sloped plots demand extensive groundwork. Your contractor might need to excavate part of the slope to create a flat foundation, necessitating the construction of retaining walls to ensure soil stability. These initial steps can significantly increase costs, so it is crucial to be mindful of these potential expenses.

Nonetheless, if your heart is set on a sloped plot, consulting with a seasoned builder prior to purchase is critical.

Additionally, if the plot is situated below road level or at the base of an incline, addressing potential drainage issues with your developer becomes imperative.

4. Soil, rocks and trees

Soil Composition, Rocks, and Vegetation Purchasing land in a remote, undeveloped area without prior soil analysis necessitates conducting a soil test. Certain soil types, such as E, H, or P, could lead to substantial stabilization costs. Ideally, soil of the "M" classification is preferred, indicating it already possesses a satisfactory level of stability.

Similarly, lots laden with rocks or requiring tree removal will incur higher construction costs. One strategy to sidestep these issues is by opting for a house and land package, effectively eliminating such concerns.

5. Orientation of the block

The orientation of your lot is a critical consideration for construction, as highlighted by engineers and architects. In the Southern Hemisphere, a north-facing orientation is highly sought after. Such an orientation allows for passive solar heating of your home, potentially leading to significant savings on energy bills. But it is not just about how the house sits on the land; the positioning of windows also plays a crucial role in energy consumption. Hence, before finalizing your plot purchase, consider the layout of rooms and windows carefully. Strategically selecting your plot's location can not only reduce heating costs but also contribute to a more environmentally friendly home.

6. Cost of utilities

Utility Costs Overlooking the cost of utilities is a common mistake when purchasing land. In many housing or estate developments, the developer typically ensures the availability of connections for electricity, water, sewage, gas, stormwater, and telecommunications. However, buying land in undeveloped, rural areas requires thorough research. If utility providers need to extend significant infrastructure to service your property, you will bear the cost. These infrastructure expenses can escalate quickly, sometimes into the tens of thousands.

Conclusion

We hope this article has provided you with valuable insights into selecting the right plot of land. Acquiring your own land can be a rewarding venture, especially with diligent research and guidance from construction professionals.

At Collet Design Studio, our goal is to simplify the land-buying process for you. We help in finding premium land plots and deliver comprehensive house and land packages. For more details, we invite you to reach out to us for a casual, commitment-free conversation.