10 things you need to know before buying land that will help you make an educated decision you won’t regret!

Did you know that we almost made an offer on a piece of land that turned out to not even be for sale because the realtors didn’t know what they were marketing?

We thought we were prepared for the land buying process, but it turns out there are a lot of things you need to know before buying land.

We learned this the hard way over & over again, during the 6 months we spent searching for the right piece of land.

And if you’ve bought land before & have any additional tips be sure to comment below.

I know we would all profit from learning your best advice!

1. Know What You Want Before Starting Your Search

I know that sounds basic, but you need to make sure you have a realistic set of expectations.

Know your priorities & what you will need for the present & the future as your life evolves.

Since the more acreage you purchase the cheaper per acre it becomes the temptation to buy 50+ acres was real.

But the more acres you buy the more upkeep it will be, so we opted for 27 instead.

2. Restrictions

This is a big one as land can have a variety of restrictions that you couldn’t even begin to imagine.

And the crazy part is that owners can legally put ridiculous restrictions on land that has to be adhered to by the next owners. Some restrictions can even last forever on a piece of land.

It just seems so weird to me that someone you paid good money to still has a book of rules over your head once you buy the land from them.

So be sure to get the list of restrictions as soon as you find a piece of land you like & then read over it multiple times to ensure you understand & agree with everything.

3. Know Your Surroundings

Talk to your potential neighbors.

No one wants to spend thousands (or millions) of Naira on a piece of property with neighbors that will drive you crazy.

Knowing your personality & that of your neighbors beforehand is a good way to know if the land is a good fit for you & your family.

Be sure to look at a map to see what is surrounding your property & how it may affect you now & in the future. Such as power lines, cell phone towers, major interstates (sound), or even chicken farms.

You will also want to be aware of school zones (even if you don’t have kids, this is important for re-sale value) & interstates which can produce alot more sound than you think even a few miles away.

4. Available Utilities

We did not do this before buying land.


I am not one to cuss, but it’s hard to write these words without throwing a few in there because it’s just ludicrous!

This is the 21st century, we can’t work without the internet!

I still don’t know what we are going to do…

But the moral of the story is, check everything!

Even if it seems like a silly question, ask it!

5. Cost of Turning Raw Land into Developed Land

Driveways can cost a pretty penny depending on if there are hills, forests, or culverts involved.

But don’t take the first price you get.

Do your research, get a variety of free quotes, & then make your decision.

But be sure to know that cost before closing, no one wants to spend more on a driveway than they did on the land.

But there is always more than one way up a hill.

6. Zoning of Land

It’s important to know how your land is zoned, such as a green belt, residential, commercial, or agricultural, so you know if you need to have it rezoned for your house.

And if it does need to be rezoned, don’t be afraid to make it one of your conditions.

Let the current owners do the work of changing it before you buy it to save you some time & money.

It’s basically like financing the work into your loan!

7. Cost of Acreage Near/Around

Before making an offer be sure to look around & find out what other properties are going for in the surrounding area.

Not only do you want to get a good price on the property, but you also want to make sure that it is valued properly in case you ever decide to sell it.

8. Previous Contracts

Be sure to ask your realtor if the land has had previous contracts.

It’s good to know what others have gone through & how it may affect you.


9. Soil Test/Perk Test

I was originally told we needed a perk test for our land, but when I called two companies for free quotes I was told we only needed a soil test & that a perk test was only done if there were negative results from a soil test.

Which is good to know because a perk test is way more expensive than a soil test.

You’ll most likely be aware that the land is on a flood plain or there is an old mine under it before you do the test(s), but you’ll also find out about things such as where you can build your house & if you can put in septic in the place you want to build your house.

10. Land Construction Loan

If you are planning to build within a year of purchasing the land, a great way to save money is to ask your bank if they have a land construction loan that you can roll into a permanent mortgage without closing twice. There are limits that set the max amount you can borrow and do this, but if your house budget falls within those than it can save money by cutting out multiple closing costs.

This is a great way to save time & money!

But as I’m sure you know, banks can be rough.

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mic · April 30, 2019 at 2:54 pm


Esther · April 30, 2019 at 2:56 pm


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