If you need assistance, please call 864-616-2147

Key Considerations When Purchasing Land: Beyond Location and Price

Tuesday, January 16, 2024   /   by Tim Elder

Key Considerations When Purchasing Land: Beyond Location and Price

Purchasing land is a significant decision that requires careful consideration and due diligence. In addition to the basic considerations, such as location and price, here are some additional factors to keep in mind when looking to purchase land:


  • Zoning and Land Use Regulations:

      • Check with the local zoning department to understand the property's zoning regulations and restrictions.

      • Determine how the property can be used and whether it aligns with your intended purposes, such as residential, commercial, agricultural, or recreational.

  • Utilities and Infrastructure:

      • Investigate the availability of essential utilities such as water, sewer, electricity, and gas.

      • Assess the cost and feasibility of connecting to these utilities if they are not readily available on the land.

  • Accessibility and Roads:

      • Ensure that the land has access to public roads or legal easements.

      • Consider the condition of the roads leading to the property, especially if you plan to build or develop it.

  • Topography and Terrain:

      • Examine the land's topography, including the slope, elevation, and soil composition.

      • Evaluate whether the terrain is suitable for your intended use, such as building a home or farming.

  • Environmental Factors:

      • Conduct environmental assessments to identify any potential issues, such as wetlands, flood zones, or endangered species habitats.

      • Determine whether there are any restrictions on land use due to environmental concerns.
  • Land Size and Dimensions:

      • Verify the size and dimensions of the land to ensure it meets your requirements.

      • Consider any irregular shapes or property lines that may affect your plans.
Search for Land.png
  • Property Boundaries and Surveys:

      • Have a professional survey conducted to establish accurate property boundaries.

      • Ensure there are no encroachments or boundary disputes with neighboring properties.

  • Easements and Right of Way:

      • Determine if there are any existing easements or right-of-way agreements that grant access to others through your property.

      • Understand the implications of these easements on your land use.

  • Land History and Title Search:

      • Research the land's history and ownership by conducting a title search.

      • Identify any existing liens, encumbrances, or legal issues that may affect the property's title.

  • Cost of Ownership:

      • Estimate the ongoing costs of land ownership, including property taxes, insurance, and maintenance.

      • Consider whether you can afford these expenses in the long term.

  • Future Development Plans:

      • Investigate local development plans and zoning changes that may impact the area.

      • Determine whether there are any planned infrastructure projects or developments nearby.

  • Resale Value and Market Trends:

      • Assess the potential resale value of the land in the future.

      • Stay informed about local real estate market trends that could affect land values.

  • Land Surveys and Tests:

      • Consider conducting soil tests, percolation tests (for septic systems), and geological surveys if necessary.

      • These tests can provide crucial information for building and development.

  • Local Regulations and Permits:

      • Understand the local building codes, permitting requirements, and land development regulations.

      • Consult with local authorities to obtain necessary permits for your intended use.

  • Professional Assistance:

      • Work with professionals such as real estate agents, land surveyors, environmental consultants, and attorneys.

      • Their expertise can help you navigate complex land transactions.

Remember that purchasing land involves thorough research and careful planning. It's advisable to consult with experts and seek legal counsel to ensure a smooth and successful land acquisition process. Each property is unique, so consider your specific goals and needs when evaluating potential land purchases.


  land purchase

The Tim Elder Team
Tim Elder
800 Regent Park Court
Greenville, SC 29607
864-616-2147
*Each office independently owned and operated

Data Source: The Greenville MLS of SC, Inc. Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed.
This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS®, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose. The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc.
This site powered by CINC: www.cincpro.com