Updated about 7 years ago on . Most recent reply
Infrustructure in place on vacant land
Hello BP community, I have a question about infrastructure. I came across a parcel of land that was intended for a subdivision. It has the road cut(unpaved), a house that 80% completed, and all of the infrastructure completed. This was done around 2008, and in 2013 an appraisal was done and they deemed the infrastructure to be in good shape. The question is would it still be in tact 5 years later, or would you have to redo the infrastructure. Any advice is gladly appreciated, I am new to the development and new construction aspect of real estate.
Thanks