Land and Lot Real Estate in California: A Fresh Start
Lots & Land
If you need help acquiring your own cut of Californian heaven, here are some things to keep in mind and ways I can help you get started on the process.
Owning a plot of land to call their own is a great aspiration many people have. However, there are several things to consider when finding the perfect spot to establish one’s roots. Given that this is an important decision, it’s best to do your homework, whatever your intention may be.
The same rules for buying a ready-made structure, such as a home or office building, also apply to vacant land. It’s vital to keep in mind, however, that acquiring a blank canvas has issues that aren’t always present when purchasing a building that’s readily available.
With professional direction, you can achieve that much-needed peace of mind. Check out these helpful guidelines for buying land in California.
What To Consider When Lot-Hunting
1. Location
Location is the first and most important factor to keep in mind when buying land in California. Apart from the municipality, the precise location of the lot in its surrounding community is key. Depending on your needs, it may be important to consider being in closer proximity to amenities, like highways, schools, markets, and public transportation.
2. Zoning Restrictions
Proper research needs to be conducted on the zoning regulations in the area. It is important to be aware of the rules implemented by the local council regarding what purposes land can be used for (industrial, commercial, or residential) to ensure that there are no possible plans for building infrastructure like highways through the property or nearby areas.
3. Utilities
When buying a vacant cheap lot for sale in California, it's vital to have access to utilities, like electricity, gas, water, and phone lines. If the land you’re planning to buy doesn’t have any utilities pre-installed, you may need to spend more to take care of it.
4. Safety From Calamities
The land for sale in California should ideally keep you safe and protected from natural hazards. Especially in California, the property may be exposed to floods, earthquakes, or fires. Also, the soil needs to be assessed and checked for its composition and quality to determine whether it is safe to build upon, what the total cost may be, and what possible landscaping can be done.
Types of Residential Lots
There are many existing types of lots to build structures on, and each can affect your desired blueprint. I can help you browse through the plethora of properties including the following lot types in California:
1. Cul-De-Sac Lot
This lot is usually found at the top of a rounded dead-end street with a turnaround and is private due to minimal traffic. Compared to other properties, it has a smaller front yard and a larger backyard.
2. Corner Lot
This lot is situated at the intersection of two streets, making it less than ideal for a private home. Apart from a front and backyard, this property also has a side yard. On the plus side, however, with no house next to it, you have greater access to light.
3. Key Lot
Located just after a corner lot, this property has two neighbors on each side and one at the back. If you are looking for privacy and brightly-lit rooms, this is not an ideal choice. However, if your looking for the best bang for the buck, these lots are usually less expensive.
4. T-Intersection Lot
This lot is located at the end of a dead-end street, so there is a lot of noise and a lack of privacy. This lot also tends to be prone to traffic-related damage.
5. Interior Lot
This is the most common type of lot. An interior lot is usually surrounded by structures or other properties on all three sides. It is usually rectangular in shape with a large backyard.
6. Flag Lot
This lot has a long and narrow access driveway to a public street and is usually situated behind other lots. Due to its lack of privacy, flag lots usually have reduced value and a lack of curb appeal.
Potential Land Buyers
1. Retail Buyers
These include family buyers, first-time buyers, young working couples, and retired buyers whose main goal is to secure a primary residence. Price and environmental convenience are the main priorities when searching for land for sale in California.
2. Buy-to-Let Investors
These buyers are searching for a secure permanent investment that will be relatively low maintenance. In some cases, they also look for larger homes that can be rented to students and upmarket tenants.
3. Fix-and-Flip Investors
These full-time investors hunt for cheap land for sale in California in need of restoration and/or renovation to bring them back to their full glory and sell them as a return of investment.
Partner With Rebecca Satti Realtor
Real estate is a specialty practice, and, sometimes, a license isn't enough to prove expertise and knowledge.
You deserve a real estate professional well-versed in land transactions, and I'm the expert to call. As an empowered woman focusing on a client-centric service, my goal is to help you attain the most advantageous outcomes through expert negotiation and a keen eye for premium-quality lots and lands. For any inquiries about my services for industrial, commercial, and residential real estate, feel free to contact me today.