Purchasing Vacant Land
Updated: Dec 6, 2021
Ahh, the lovely earthy scent produced by the rain or the morning dew, the buzzing of the bees, and the many shades of green enchanting the view. Who doesn't like to be immersed in nature and fantasize about living in it?
If you have always dreamed about building your own home, choosing your floor plan, and selecting your dream finishes, then you will be looking for vacant land.
This is a completely different and complex process than buying a preexisting home and uncertainty can be scary for some so let's make sure you feel prepared.
Have your agent help you understand what is included in the sale. Check for any easements, encumbrances, road maintenance agreements, view easements, etc.
How can the land be used?
Local governments usually have established zoning regulations. Call your local planning and zoning department and they will provide you with the information. Check the Island County webpage HERE for all the department's information.
We will need to do some research and consider more than just utilities.
A parcel that already has a water source, septic system, access driveway, and electricity nearby, may be rare. If you find one, such parcel will cost more because the seller already invested in these expenses.
As part of the purchase & sale agreement, we will present a feasibility contingency. This is the time for you to find out if the property is suitable for your intended purposes.
In the best-case scenario, there has been a survey done and the corners are marked with survey stakes. However, this can be a rare occasion so be prepared to possibly negotiate with the seller.
Make sure you get in touch with a local builder sooner than later. They will help you through the feasibility process and have a lot of experience by working side to side with the Island County building department. Need recommendations? I will assist you with those as well!
Either by hiring a feasibility contractor or by yourself, be diligent about critical areas. Endangered animals/plants, Native American artifacts, shorelines, bluffs, steep slopes, and wetlands will affect the property in big ways. There are plenty of setbacks requirements for wells, septic systems, and buildings around critical areas. These unknowns must be understood before you decide to proceed with the purchase of the property.
Questions? Would love to help!