When buying a property, it is essential to also consider the resale value rather than just if the house is a good fit for you. If you are going to be moving to an area that has a lot of open land for sale, it is a smart idea to buy another lot, an empty one, next to the home since land can be a very desirable feature in a property. This is especially true if you are going to be living in an up-and-coming area where housing may be more scarce in the future.
If you are still uncertain about buying an empty lot, consider some of the following benefits you will be able to enjoy with the purchase.
Prevent the Building of a Home in Your Backyard View
One of the biggest benefits that come with buying an empty lot next your home is the ability to control the view. It can be frustrating to have a beautiful view of a forestry area or a creek, only for it to be ruined by somebody buying the lot beside your home and building on it. With you as the owner of the empty lot, you can prevent your view from being blocked or any construction work being done.
Uphold Your Home's Property Value
Most homeowners do not want to buy a property that is too close to the neighbors or has a view of another house. To maintain the value of the home, the lot can be well-landscaped and will be appealing to potential buyers looking for privacy in a home.
Maintain the Lot's Landscape
Even if you are buying the empty lot beside your home for financial reasons, it is still a smart idea to keep it in good shape. When getting landscaping done, consider low-maintenance plants and trees that can keep it looking great without a lot of strenuous gardening.
While the plants ideal for your property depend on where you live, you can expect Mexican feather grass, French lavender, or Butterfly bush to all be attractive choices that are easy to care for.
Enjoy the Wildlife
Another benefit that comes with owning the lot nearby is being able to enjoy some of the wildlife in the area. This can include colorful birds, squirrels, and even deer depending on where you live.
Have an Opportunity to Expand
If you are moving into the home as a family, you never know how much land you may need in the future. With an empty lot beside your home owned by you, you have the opportunity to expand the size of your home or create a large garden for fruits and vegetables. Whatever you may end up using it for, it can be reassuring to know that you have the extra space available.
With most homeowners are looking for properties with a large yard, you can enjoy your property being worth a lot more with just the purchase of an empty lot beside it. Keeping all the benefits above in mind can help motivate you to make the purchase with confidence.
To learn more about land planning, contact a company like Morris-Depew Associates Inc.Share