2012 is a great time to be purchasing land in Ogden Utah and surrounding areas. There are many excellent lots available at good prices. Buying a lot and building a new home will cost you a less than it has in years. The land is less expensive, the building costs are down “a little” as well some of the labor costs are a little lower then they have been in the past few years. That is where you will save money compared to a few years ago.
Below are some of the key factors to consider when purchasing a lot:
▪ Location – Do you know what you are looking for in a lot? What are your preferences? Would you love to have a view of the mountains? Is a certain school district a must? Do you want a small low maintenance lot in town or do you want 40 acres in the foothills where you are free to roam?
▪ Water – Most lots in town or just outside of town will be on a public water system. City water taps and fees will cost between $2,000 – $5,000 while water districts outside of city limits will cost $8,000 – $12,000. If you are outside of a public water district your only water source will be a well. The cost to drill a well can range from $10,000 – $30,000+.
▪ Sewer – All lots in Ogden and the surrounding cities are on a public sewer system. If you are building on acreage outside of town you will most likely have to install a septic system. You may want to speak with your real estate agent or with us to determine if the lot you are looking at is on a public sewer system.
▪ Soils – Soils conditions can vary from one lot to the next. One lot might have excellent soil for home building while a lot down the street has highly expansive soil. It is worth doing your research and even involving a geotechnical (soils) engineer before you purchase a lot. Contact us before you buy that perfect lot and we will gladly help you through the process.
▪ Permit Fees – Is the lot in the City or the County? This will make a big difference in permit fees. Permit fees and impact fees due to the City or County will range from $47 up to $7,000 when building your new home. Click here to read more about Permit Fees.
▪ Covenants – Most homeowners associations have architectural guidelines that must be adhered to when planning and building a home. Many have size restrictions, including minimum square foot requirements. There are usually exterior finish requirements as well. For example, the front of the home must be at least 60% masonry (stone, brick, or stucco). There is usually an HOA approval process in which an architectural control committee needs to approve your home plans before construction begins. You will also want to thoroughly review covenants for other restrictions. If you planned on putting a pool in your backyard the covenants may or may not allow it.
As you can see there are many factors to consider when purchasing a building lot. Please contact us for more information on buying a lot in Northern Utah. We have access to hundreds of available lots and can help guide you through the process.
Here at RW Custom (formally Remodel West) we focus on creating your dreams. We focus on the details and work with you to create the custom home you have always wanted. From custom home construction to kitchen remodels RW Custom is here to help. Please contact us at 801-394-1332