A top notch building lot is located in a residential street which is paved and has street lights. The spot where the house is going to be build should be elevated. The other homes around should be clean and owners proud of their properties.How close to schools, stores, markets,hospitals, fire station, police station and your job, unless you work from home? How is the traffic there and how long does it take to get to downtown, the beaches, the restaurants?
A corner lot may be more interesting, the size is at least as much as the average on the street . For a waterfront lot as on canal, the depth of the canal and width should be checked and you have to know in the off rainy season as in winter the depth of the water.What access do you have? Are there any bridges or not?( can you use a sail boat? or is the bridge to low?) Is the sea wall in decent shape or falling a part? How much footage are you allowed if you build a pier.
Above all test the dirt itself after a rainy day and see for yourself how well it drains or if there are any flooding. Are the sewer and water from the city or not? And are you going to be reassessed in the near future or not? Finally, how much did the last lot ( in the last 3 months ) sold for in the street or close by and how close and comparable to the one you may buy?
I would appreciate any comments.
LLoyd
Sanibel
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