New construction has been picking up in this area of Loudoun county VA. I've been seeing buyers pay what I think is too much for building lots. But the value of the finished product is really what matters. You can pay $20,000.00 above fair market value for a lot, then save $20,000.00 in other areas of building. Maybe cut back a little on landscaping, trim, fixtures, smaller deck or patio, shingles, siding, etc, etc. There are many places builders can save a few thousand dollars here and there on a new construction home.
If you have LAND to SELL, please contact me. I can help you determine best path to follow to get it sold. Options to sell could include (1) Subdividing, (2) Improving the land, (3) Building first then selling, (4) Partnering with a builder to maximize your profit on land, (5) Setting up strategy with builders where they market the land with one of their models to be built on it, (6) Marketing land with to be built homes with established models and prices. (7) Strategy where builder buys tear downs, pays owners 40-50% of lot value up front, seller holds recorded instrument, then receives balance of lot value when new home is sold.
If you want LAND to BUY, I can help you find land that meets your immediate needs and long range plans. Items I will research and verify for land purchasers include: (1) Acreage, (2) Zoning (3) Drain fields / perc sites, (4) Easements, (5) Flood plains (6) Wells (7) Set backs, (8) Survey plats, (9) Deeds (10) Restrictive covenants, HOA,s and road maintenance agreements, (11) Access to hi speed internet (12) options to subdivide in future (12) contacts for new construction financing ( 13) screening builders (14) locking in interest rate at start of process with only one closing (15) Understanding storm water management requirements if any, (16) Drivway permits (17) Minimum sight distances (18) Environmental history of land to verify no enviromental hazards existed on property or on nearby properties (19) Aerial photos of land dating back from the 1960s to present, etc, etc.
Numerous lots in Western Loudoun county VA available. Lot sized from 2.4 acres to 40+ acres.
Jeff Pearl | Lic in VA
Remax Distinctive
703-727-4876
Homes | Land | Farms | Historic
Equal Housing
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