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Tips for Buying a Lot for Your New Home

portrait picture of Austin Wicklund

Austin Wicklund

Commercial Loan Officer

Empty lot with overgrow grass

So, you want to build your dream home from the ground up – wonderful! Here are four must-dos before you buy that perfect residential lot.

Decide On Community Style

Think about what type of community you want to build in. Near schools, bike paths, shopping, and businesses, whether you want your neighbors close or a mile away… buying your own lot gives you so many options to choose from.

Residential street with many houses

Choose A Builder

Buying a lot means choosing a builder (usually). Do your research on potential builders in the area. You will want to consider if you want a completely customized home or the ability to choose from a few stock options. Some lots come with a particular builder already attached/provided.

Construction worker building a house

Property Conditions

Doing a site visit is critical. You want to be sure you see the entire property and surrounding area. Certain things can go unnoticed in photos such as environmental problems.

Work With A Professional

Work with an experienced buyer’s real estate agent or broker during the purchase process. If possible, have your builder or architect involved before committing to a lot or land.

Ready To Get Started?

Are you ready to talk financing options or looking to ask a few more questions? Give us a call today at 701.364.2020 and ask for Austin or Natalie, or fill out the form and we will be in touch shortly!