Subdivision is a great way to boost your real estate investment. It allows you to sell off smaller parcels of land, which makes it easier for buyers to find and afford.
Before beginning the subdivision process, you should consult with a title company. They will check for old deed restrictions and other problems preventing you from the subdivision.
Buying a Plot of Land
If you’re considering buying a plot of land, it’s essential to do a lot of research and planning before making your purchase. Getting professional advice from land development and surveying experts is also a good idea. They’ll know the best way to value your land. It’s a complex process that involves many different elements, such as the location of the property and its potential for future growth. They’ll also be able to help you with the necessary paperwork and inspections. For professional subdivide and build SA services, check this out!
You may need to apply for development approval before dividing your land. It is a process that can take some time. You can learn more about the process by registering for an account with PlanSA or visiting a local council office. You can also track the progress of your application by logging in to PlanSA.
When you’re preparing to subdivide your land, hiring professionals like land surveyors and civil engineers is essential to ensure the subdivision is legal and safe. These experts will create a plat map, a diagram depicting the new lots you want to start from your parcel of land. Each jurisdiction has rules about what a plat map must include, so make sure you know the local laws before hiring these professionals.
Once the land is subdivided, you must pay fees for applying and recording the changes. These fees vary by state. Some states have flat fees for all applications, while others have different costs based on the number of lots created and the size of each lot. These fees will be added to the purchase price of your property.
Considering all the costs involved in a project before you begin work is essential. You’ll need to have a land survey and a plat drawn, and you might need to build access roads for the new lots. You can save money by working with a firm that offers all these services.
Subdividing a plot of land can boost its marketability as residential real estate. However, the process isn’t without its risks. To reduce these risks, you should work with a professional with extensive experience in this field. They will be able to identify potential risks and the highest and best use of the land. For professional subdivide and build SA services, check this out!
Subdivision Process
As with any significant undertaking, the subdivision process can be complicated and expensive. It’s essential to hire a professional that knows the local regulations. They can help you navigate the process and ensure your project is successful.
The subdivision process starts with submitting your plan to the appropriate county or municipality planning commission. The commission will review and approve your project if it meets their requirements. If they don’t, you must make changes and resubmit it.
Once the plan has been approved, a surveyor will go out to your property and mark your boundaries. It creates the base boundary plan for your final land subdivision plat. The surveyor will also look for existing property markers and add them to the base boundary plan. It is crucial because any differences between the actual property markers and the base boundary map will cause problems.
If your land is located on a hill or has significant slopes, it will be necessary to do a topographic survey before you can divide it. It is a detailed map of the land that shows the precise heights of the different areas. It will determine whether a proposed subdivision is possible and assess the risks of land slippage.
In addition to the surveying costs, you’ll have to pay for any required improvements to the site. It can include things like roads and sewer lines. Depending on the size of your subdivision and your jurisdiction’s rules, you may need to spend as much as $10,000 on these improvements.