2019 Idaho Real Estate Blog

Finding the right homesite is all about your valuation Main Idaho Real Estate Insights

We get a lot of clients looking for building lots or land so they can build and when we ask for criteria for their search many times the answer is "it depends..."
 

People often have a hard time narrowing down their options. They want both a large number of acres and a location that is close to their family, friends, work and services. The balance for many is how many acres can they afford and at what location.  They are attempting to evaluate each opportunity. Do they enjoy the convenience of location more than acreage, which puts them further away from the ease of the city?

One of the first places to start is asking if you looking for something in the mountains, foothills, valley, or desert? Many times the answer is still "it depends?" Here are three questions you can ask yourself

  1. How much land do you really want? What is the minimum that would work?
    How many animals are you going to have. How much gardening will you really do? How much privacy will really make you more secure. If the land backs up to BLM land wouldn't that make you feel like you had more land?

    Be aware that Panoramic Views and Water add to the value (and cost) of property in Idaho. A lot of people dream of having a mountain getaway. They want a place to hear birds and watch the elk from the front porch.
     
  2. How much home can you afford?
    What is the total budget? If the property has well and sewer, that is  fantastic but if not add 30 thousand dollars as a base line #. Keep in mind this number can go up. What if the water is deeper? What if your water needs more filtration? If you are on a budget that is so tight there is no room for errors, we recommend thinking further into this. Maybe you can wait and save up more money or work on your credit score so you can get a better interest rate.
     
  3. What will it cost beyond the land and home to make it into your dream property?
    Many people start thinking about building and then start to add in fencing, adding a large shop or outbuilding and all the things they want to make the home theirs, even simple things like blinds. All of a sudden the cost to move escalates? How much additional will you need to spend to take care of the property, like vet bills for your new cows or horses.

Idaho Mountain Community

That being said, it is good to be real about what you want without unraveling the dream. Maybe you will have to scale back or maybe we should take a good look at an existing homes on acreage.  The success of the entire project really starts with the purchase of the land. Can you accomplish your goals with the amount of land on a specific property? If you do move forward you will need to allow time to do your due diligence. This includes not only inspecting the property but also looking into a well. A local well driller may be able to share their experience of what other clients paid for a well in that location. Also, you will want to meet a builder at the site and get their opinion of the lot and the home you wish to build.

Another unknown in building in the mountains, foothills or lot on a slope is the engineering costs. Someone will have to evaluate your lot to determine what needs to be done to ensure your home stays in place and does not shift or slide from where it is originally built. A land engineer will dig deep holes to determine the quallity of the homesite. Some insights. One person we know found that their land was an old dump site and there for the soils were not very stable and strong. They had to dig much of that out and replace it with "good" dirt.

Search for Land

Posted by tlangford at 1/11/2019 2:10:00 AM
Comments (0)
No comments yet, login to post a comment.

follow us in feedly

Archive
<March 2019>
SunMonTueWedThuFriSat
242526272812
3456789
10111213141516
17181920212223
24252627282930
31123456
Monthly
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
June 2017
April 2017
March 2017
February 2017
January 2017
December 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
June 2006
May 2006
April 2006
March 2006
October 2005
Current Weblogs
There are no blogs in this Group.
Start Your Home Search
Powered by Full Sail Boise