If you’re thinking about a new home or building for your business, you can either choose to purchase an existing structure or build one from scratch on an empty lot. While there are some very good reasons for buying a building that’s already in place, there are also many reasons why you should consider building on an empty lot.
The primary advantage of building on an empty lot is complete control over the final product. You won’t have to settle for an existing property that may not meet all of your requirements. Instead, you can create a home or business specifically tailored to your needs and preferences.
Since empty lots are usually less expensive than developed properties, building on one can save you money in the long run. If you build on an empty lot in a desirable location, your property will likely appreciate in value over time.
Let’s take a closer look at the advantages of building fresh on an empty lot.
The Benefits of Owning Your Own Property
Owning your own property gives you the opportunity to create a home or business that’s exactly tailored to your needs and wants.
No Costly Demolition
With no preexisting structure to contend with, demolition can be avoided altogether — which can save you valuable time and money in the long run.
Do It Your Way
Building on an empty lot means you’ll have more say over all of the property’s aspects, from landscaping to exterior features.
Cost-Effective
Empty lots are often more cost-effective than purchasing properties that already exist. Not only do you not have to factor in maintenance costs (such as roofing or plumbing repairs), but buying an undeveloped lot also allows for customization down to the smallest detail — something many people find appealing.
Complete Control
Building on an empty lot affords an unparalleled level of control over your surroundings. You’re free to choose what kind of building style best suits your needs and desires, without some of the restrictions imposed by zoning laws or other regulations on existing structures.
A Safe Investment
Creating a space entirely unique to yourself is one of the great benefits of owning land outright — something available only to those who own their own homes or commercial buildings. By taking advantage of vacant land, ownership becomes increasingly attainable for those who might not otherwise be able to afford it.
The Advantages of Building on an Empty Lot
Building on an empty lot provides homeowners with a level of control and flexibility not found in many other purchases. You can build the home or commercial building of your dreams, without having to compromise on your vision or contend with disruptive neighbors.
Because there is no preexisting structure to contend with, building on an empty lot often results in cheaper costs overall, as well. Oftentimes, remodeling or repairing an older building can be quite expensive — even as much as building new.
You also have the opportunity to build a more modern structure that comes with environmentally favorable benefits such as:
• Energy efficiency
• Using sustainable materials and construction practices
• Technological upgrades
• Better safety and security
Tips for Choosing the Right Empty Lot
When choosing an empty lot to build on, it is important to consider a variety of factors, including:
• Size and shape of the property
• Location of the property
• Zoning restrictions
• Potential environmental hazards
When looking for an empty lot that is right for your project, take into account topography and easements/ setbacks. Always check with local authorities before making a purchase.
Enjoy the Satisfaction of Building Something from Scratch
Building your own home is definitely a satisfying experience. Not only does it give you the pride of ownership, but it also gives you control over every aspect of the construction process. This allows you to design and build exactly the home you want, tailored to your specific needs and preferences.
Building your own home or commercial building can be cost-effective — especially if you do some planning ahead. You get all that and more when you work with VPC Builders. Our highly qualified team has built many structures on empty lots, so we’re able to guide you through the entire process.
Contact VPC Builders today for a free consultation.