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Al Brennan
  • Flipper
  • Matthews, NC
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Purchase wooded lot and new build.

Al Brennan
  • Flipper
  • Matthews, NC
Posted Jun 29 2015, 12:25

Go easy on me...I`m new both to the USA and real estate here :).

 I`m in the Charlotte area.

I`ve found a one acre wooded lot which I approached the owner to see if he would sell to me with the intention of building a house on it and he said he would sell to me.

I used the Zillow estimate for the lot ( $60k ) and he said that was acceptable. The price seems to be in step with similar lots in the area.

Clearing and grading should cost about $10k ( so I`ve been told ).

I called into the zoning and planning depts. in Charlotte to see if there were any obstacles/restrictions to me building there and they said that it looks all clear to go ahead.

What should my next step be?....get a land survey? ...get a construction survey?....approach a builder first?

I just need to make sure I can build on it before I purchase it.

Any advice is greatly appreciated,

Thanks in advance.

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