Building a custom home is a challenging yet rewarding endeavor, culminating in the moment you step into the home of your dreams. The journey begins with finding the perfect lot. Before you make this crucial purchase, here are some essential do’s and don’ts to guide you.

Do: Work with a Real Estate Agent
Collaborating with a real estate agent is vital when purchasing land. Unlike buying a home, buying vacant land involves different considerations. An experienced agent can help you research the property and ensure a safe investment. They know the right questions to ask and how to negotiate on your behalf.

Do: Have Your Finances in Order
Before you start looking for land, make sure your finances are in check. You'll need proof of funds for the purchase amount. Keep in mind that lenders often do not finance vacant land, and if they do, they may only lend up to half the land's value. Consulting with financial advisors beforehand is crucial to understand what you can afford.

Do: Investigate Utility Services
Especially if you’re looking outside of developed areas, it’s important to know what utilities are available. Determine if the area is already serviced by utilities or if new infrastructure needs to be added.

Do: Look for Incentives
In areas affected by natural disasters, local governments may offer incentives for building where previous homes have been destroyed. These incentives can significantly reduce your overall costs.

Do: Visit the Tax Assessor’s Office
The tax assessor can provide the estimated value of your lot and projected property taxes. This information is crucial for budgeting your build.

Do: Price the Neighborhood
Your agent can conduct a market analysis of the surrounding homes. Ensure your home and land costs align with the neighborhood to avoid over-investing.

Don’t: Skip Soil Tests
Soil testing is essential to identify pollutants or foreign materials. If you plan to install a septic system, a percolation test is necessary to ensure suitability. In areas prone to sinkholes, soil tests can reveal potential foundation issues.

Don’t: Forget to Get a Survey Done
Before purchasing the lot, review a recent survey or commission one to confirm property lines and check for encroachments by neighbors.

Don’t: Reveal Your Plans to Neighbors
Avoid discussing your plans with neighbors initially. If nearby property owners have been using the land for various purposes, your plans to build might face resistance.

Don’t: Assume You Can Rezone the Property
Familiarize yourself with zoning regulations. If you’re in a rural area and plan to keep animals, ensure it’s permitted. Be cautious of sellers claiming you can subdivide the land or build multiple homes on one lot.

Don’t: Rely on a Drive-By Inspection
Thoroughly walk the property regardless of its size. Check for flood-prone areas, environmentally protected habitats, trash deposits, and any neighbor activities that might affect your enjoyment of the property, such as dog kennels or shooting ranges.

Ready to Build Your Dream Home?

If you’re interested in building your dream home in the Atlanta area, contact me today! With a network of trusted vendors, I can help you get started on the right path.