You know your budget and you know your family’s needs, now all that’s left is to find the perfect lot on which to build your future home.
Here are three things to consider when choosing your ideal lot:
1. You have your dream home in mind
It’s important to select your house design before choosing your lot, as only certain lots may accommodate your design. The width and depth of the land will determine what sort of house you can build, and only certain lots will allow double storey homes. So, if you have a particular home design in mind, be sure to select the lot that best accommodates your house needs.
2. As they say, location, location, location!
How does the location of the lot suit your lifestyle needs? Proximity to services such as work, education, retail, healthcare, recreational facilities and even social connections can have an impact on which lot you choose. Another important aspect to consider is the distance to public transport and whether your lot is within walking or cycling distance of popular destinations. Minimising car trips will not only save you time and money, but also will be better for the environment.
3. It must be the right price.
You’ve crunched the numbers and you know exactly what your budget is. From this point, the easiest way to select your lot is to decide on a house and land package – this will make sure you stay within your budget. Many builders offer fixed price package options meaning there are no surprises down the track.
Other important questions to ask when choosing your lot:
What is the orientation of the block?
The most popular orientation is always north-facing, because this allows maximum sunlight into your home year-round. Consider the orientation of the lot and your house design to ensure your new home will benefit from a sunny outlook.
Are there any views?
Do you have views of parklands and green spaces? Not only are views always an added bonus, they also add value to your home should you decide to rent or sell in the future.
What design guidelines and covenants apply?
Be sure to check your design guidelines and covenants. These are shown on the Title, so thoroughly check your documents and ask for further details if required.
No matter what factors are important in helping you decide on your lot, remember it is an investment in both your immediate and long-term future. Purchasing a new home can be life-changing, and we can’t wait for you to get started.
