Standing on land that you own gives you a certain satisfaction that can’t be found any other way. Owning land has practical, tangible benefits as well as intangible benefits: A place to call home. The pride of ownership helps build strong…
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Every parcel of land is unique and has objective and subjective variables. Objective variables are those that are facts about the land, such as location, topography, access, zoning, tree coverage, amount of wetland, drainage and soil type(s), utility availability. Subjective variables…
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Several factors will affect what you can do with land. Zoning classification and regulations may allow only certain uses or have building or subdivision restrictions. Waterfront may be subject to shoreland ordinances and Department of Natural Resources regulations. Properties that front a river…
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Deciding whether investing in land is right for you depends on your personal situation and what is important to you. Financial commitment and emotional factors. Are you wanting to make a financial profit from the land or enjoy it and/or leave a legacy…
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You cannot enjoy a property if you cannot access it, and you may not be able to sell the property in the future (if that is what you intend to do) without access. Public road frontage – Frontage on a public…
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To find a reputable builder or contracts, we suggest seeking recommendations from neighbors or others you know, your real estate professional, your lender, and builders associations (such as the Builders Association of Minnesota (BAM) or Mid-Minnesota Builders Association (MMBA)).
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If your preferred banker/lender is not knowledgeable in or willing to make loans on/for land, you can find a list of lenders who will finance land purchases in the Land Financing section of our Toolbox, and they may also finance land…
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For your convenience, listings on LandRadar.com may include GPS coordinates to approximate corners and points of properties based on county GIS mapping. Many buyers find this sufficient for their use of a property. However, a survey done by a licensed…
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The availability of utilities may or may not be important to your use today, but it may be important to the next owner if you plan to resell the property in the future. For example, if your property is located in…
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You may be able to develop or subdivide a property, but there are several factors you will want to consider. Suitability – Characteristics of the property, such as location, amount of high ground, and topography, as well as proximity of amenities.…
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