Buying a building lot isn't supposed to
be complicated. You find it, you like it,
you buy it, right?
If life and business were only that
simple.
Let's just say that the location and
price look good, but the costs of finishing
the lot are too high to make it pay.
Or maybe it won't meet percolation
standards. Perhaps excessive slope
would drive up your costs. Or maybe
zoning restrictions would require lots
that are too big – and costly – for the
homes you intend to build.
Then there's the chance that after
you build a traditional home and plan
two more, you find out that six nearby
builders are putting up contemporaries.
Or you go up-market