Does anyone here have experience replatting in Madison, WI? My wife and I are looking for our first home and, since the market is super competitive right now, we're trying to think outside of the box whenever we come across a property.
The property we have in mind touches both it's frontage street and the street behind it. Basically, the backyard is where our backside neighbor would be. What are the basic criteria to divide the land to create two plots of land? How long does that process usually take?
We are toying with the idea of buying the property and doing something with half of it if we can divide the land. We'd like to either just sell the land as is or build something new on it.
Late reply, but I was curious about this myself. The link below covers criteria and application for subdividing land in Madison. The more specific questions are probably best answered by city planning themselves, and their contact info is also on that page. Good luck!
Thanks @Kristopher Drake ! I did come across that after posting. For our first property, we're going to look for something simpler but I'll keep this in my back pocket just in case a similar opportunity comes along!
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing