In most cases, Vancouver acreage property is normally located in the outskirts of cities and towns. This means that there are certain factors that should be taken into consideration if you are thinking about purchasing property of an acre or more.
In cities, amenities like water, electricity and sewer services are provided by the local authorities. This is not the case for those living outside the city. Instead, septic tanks are used for sewerage, and water is provided through wells. The owner is responsible for their maintenance, and social amenities may be few and far between.
It is important to carry out a thorough inspection of the property to determine if the well or septic system should be repaired or replaced. This will add an additional price to the cost of acquiring the property. Take the time to inspect the following:
Water sources
Find out if there is a spring or a creek running through the acreage property that may be supplying water to other residents. You may have to deal with the responsibility of maintaining the running water to ensure a continuous flow.
Septic tanks
Ensure that the tank is in good working order and is tested for pollution and any damage or weakness should be noted. You can consider emptying and cleaning the septic tank if it is polluted, but this, of course, would cost extra.
Building Regulations
Each area has it own building codes and regulations. It is important to know the building regulations and codes of that area since they may limit the size and type of house you can build. Also, you might not be allowed to make certain alterations to your property or use your property for certain purposes. For example, you may not be allowed to run a business in a residential area.
Future Development Plans
Talk to the local authorities and see what kind of future developmental plans are in place for that particular area. Some planned projects like a commercial building next door may interfere with your home. You will not enjoy living next to such a facility after spending money buying your dream home. Be aware of such plans.
Keeping of Animals
There may also be rules about keeping animals like cattle and other livestock in the rural area. Make sure that you are aware of any rules before deciding on a home if you feel that these rules may affect your property plans.
It is important to examine all of these things before buying acreage property in order to make a well-informed decision. Acreage property may depreciate or appreciate in value based on these factors.
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