Building Edina Homes As A First Time Homebuyer

August 9, 2010 at 4:09 am

If you’re building your Edina homes as a first time homebuyer, the first important step is to find the lot. Just like buying the Edina homes, there are certain things you need to look for when searching for the ideal plot of land. In addition the lot’s location, you will need to consider the types and styles of properties on other lots in the area, the number of trees and water features around the area, accessibility to power, and a number of other important amenities.

The author of “Tips and Traps When Buying a Home”, Robert Irwin, recommends using a checklist when searching for a lot as a first time home buyer to avoid missing any critical details. Here are some essential tips that you can use to help you find the right property to build on:

1. Map out the nearest cities and towns. If the lot that you are interested in is located in a rural area, find out how near the towns and cities are. You may have the need to commute from your new home to work or bring your children to school. Knowing what the access roads are and the distance of your commute to places that you need to go will allow you to see what kind of lifestyle you might have if you choose to buy that lot.

2. See what the natural features are. If you are planning to buy a lot, you would have to find out what are the natural features in and around the property you are interested in. Are there many trees in the lot and in the adjacent lots? Is it near a water form like a placid lake or a bubbling brook? You would have to take into consideration that your new home might be affected by flooding if you live near water or you might have to deal with wildlife if your place is very near a forest.

3. Find out where the water source is. When you live in a city or urban area, you typically don’t consider where the water is going to come from. When you are building a home on new land – especially in the countryside – you may need to work with a private water company and find ways to irrigate your gardens and land.

4. Find out the soil quality. When you plan to build a new home, you have to know the quality of the soil you will be building on. This is an important factor as it will ensure that your new home is going to have a solid foundation. There are professionals you can hire to assess the soil quality of the lot if you do not know how to check it.

5. Find out about building restrictions. There are some areas that have restrictions when it comes to building a home. Properties that are located near national forests, wildlife preserves or major landmarks typically have strict rules about what can be built. Find out what the limits that you might encounter if you decide to buy property in that area so you will be prepared.

In addition to reviewing the physical features of the lot as a first time homebuyer, you will need to review the title in detail. Make sure that you can get a clear title, and that there are no easements of any kind on the lot. This can make it much easier to go through the home buying process and sign off on your new purchase when you want to.

Author: Alexandria P. Anderson searches Edina Real Estate to help her home buying clients to find Edina homes of Minneapolis and St. Paul, MN.


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