IN ADDITION TO THE COST OF THE LAND ITSELF, WHAT OTHER COSTS RELATED TO THE LAND DO I NEED TO CONSIDER?

Two lots that are the same size and in the same neighborhood and which seem to be very similar could have different prices, and in some cases the more expensive lot may be the correct lot to buy. The reason for this is that the total cost of a house lot includes much more than just the land cost. The costs of getting the lot ready for your new home must also be considered. Thus the cost for such items as bringing power and other utilities to the lot, building the driveway and septic system, drilling the well, digging the cellar hole and landscaping must also be considered.

If, for example, you were to buy a lot that cost less but that had ledge just below the surface of the ground, it would cost more to do a special septic design and build a septic system, blast for a foundation, etc. than it would on a lot that had sandy soil several feet deep. Also, a lot that needed a power line built 1000′ from the existing power line to the proposed house site would be more costly than a lot where the proposed house site was less than 300′ from the existing power line (as most power companies will extend 300′ for free).

In summary, all of the factors about a lot that will impact the cost and difficulty of constructing your home must be considered together with the cost of the land to calculate the true cost of a building lot. At White Mountain Land Company, we own the land that we sell, and so we have thorough knowledge of all aspects of our properties. We address any issues regarding our land prior to sale in order to assure that our land is buildable, and we fully disclose to buyers any unusual circumstances regarding any particular property.