Investing In Undeveloped Land? Why Your Purchase Should Begin With A Land Survey

Posted on: 24 May 2019

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If you're in the process of purchasing undeveloped property, the first thing you need to do is have the land surveyed – especially if you plan to build on it. The last thing you want is to invest in land that you can't use to its full potential. That's where the land survey comes into the picture. Your land survey will tell you everything you need to know about the land you intend to purchase. If you don't think you need a land survey, you should think again. Here are just four of the reasons you need a land survey before you purchase land.

Keep Your Home on Your Own Lot

If you're going to be building your home on the property you're purchasing and there's undeveloped property all the way around, you need a land survey. It's not uncommon for mistakes to be made in the real estate documents. Without an official land survey, you could find yourself building your home on land that doesn't rightfully belong to you. Starting with a land survey will ensure that you purchase the right property, and that you build your home on your own lot.

Avoid Doing Your Neighbors' Landscaping

If you're going to build a home on your newly purchased property, you know that you'll be doing plenty of landscaping. However, that doesn't mean that you want to landscape – or do yard work – on your neighbors' property. Unfortunately, that's exactly what could happen if you don't have a land survey prior to landscaping your new home, once you build. Utilizing the services of a land surveyor will give you a clear picture of where the property lines are on the land you'll be purchasing. That way, all the improvements you make with your landscaping will be on your side of the property line.

Understand Future Building Restrictions

If you plan to build on to your existing structure or add outbuildings in the future, you need to know where the property lines are before you make your purchase. This is particularly true where setback restrictions are concerned. Your city may have restrictions that regulate how close you can build to the property lines. If you build too close to the property lines, you may be precluded from adding on to your home in the future. Not only that, but you'll need to know those setback restrictions before you build any future outbuildings.

Identify Potential Property Overlays

If the undeveloped property you're purchasing is adjoining property that has already been improved upon, you'll need to have a land survey performed before you finalize the transaction. This is particularly important if there are improvements near the assumed property lines. A land survey may discover that some of the improvements have been built to overlay your property line. If that's the case, you'll have an existing encroachment to worry about when you begin building on your new property.

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