Perth Property Developer Warns Land Buyers
Announcement posted by Origin Projects - Land & New Homes in WA 19 Jun 2013
Leading Perth developer, 4Land Property Group, reveals the six most important factors to consider when choosing a block of land for a new home and says, “Failure to consider these six factors could cost you a lot of money.”
Perth, Western Australia, June 19, 2013 - Recently, 4Land Property Group provided readers of their blog with a six-step blueprint for selecting land on which to build a home.
4Land Property Group is a successful Perth property developer, offering both lots and house and land packages. They have helped downsizers, first-home buyers, families, and investors buy new properties for well below the median value for established homes in their property markets.
In response to some common questions from potential buyers, 4Land Property Group compiled a list of what they consider to be the six important factors when choosing the correct land block.
Location
Preferred locations are close to amenities, such as shopping and parks, with schools being important for those with children. Public transport is another consideration for many. For those in the workforce, it is important to choose a location with an easy commute to work.
Size and Shape
The size and shape of a property block determines the price. It also determines what kind of house can be built there. The most common mistake made by first-home buyers is buying too large a lot and over-stretching their budget. In many cases, 4Land Property Group recommends that first-home buyers purchase a smaller lot and use one of the space-efficient home designs currently offered by many builders.
Survey Strata Titled or Green Titled
Green titled land is very straightforward; the owner has full ownership and control of everything within their boundaries. However, survey strata titled land forces the owner to share part of their land with their neighbour or neighbours. Besides the potential for dissension between neighbours, survey strata titled land can also generate hidden maintenance fees, thus raising the monthly cost of the property.
Setbacks
Setbacks determine the distance between the road and the front of the house. Many titles and estates are rigid, where some are flexible. 4Land Property Group recommends that buyers always know their setback distance and use it to determine whether or not they can have the house design and the backyard they want before purchasing.
Incentives
Many developers offer incentives, such as free landscaping or free fencing. This can save buyers a lot of money. 4Land Property Group recommends always asking the sales agent whether the developer is offering incentives.
Building guidelines and covenants
Virtually every land estate has rules that must be followed and are not subject to negotiation. These can be as simple as what paint colours can be used on the house and its peripherals, or how long the buyer has to finish building a home after buying the land.
It is mandatory that any buyer fully understands the rules in any estate before purchasing land there.
Lauren O'Connor, Marketing Manager of 4Land Property Group, compiled the information and was happy to offer it to potential buyers: “We offer many different options in the Perth and WA markets, but what's right for one may not be right for another.”
O'Connor continued, “Buying a home and choosing the right block of land is the most important decision many people will ever make; we want them to make the right choice.”
Uniqueness and affordability are what 4Land Property Group, a successful developer of land estates, specialises on. Their communities across Western Australia are carefully planned to accommodate varying lifestyles and budgets. Call Lauren O'Connor on (08) 9301 4445 for more information.
4Land Property Group is a successful Perth property developer, offering both lots and house and land packages. They have helped downsizers, first-home buyers, families, and investors buy new properties for well below the median value for established homes in their property markets.
In response to some common questions from potential buyers, 4Land Property Group compiled a list of what they consider to be the six important factors when choosing the correct land block.
Location
Preferred locations are close to amenities, such as shopping and parks, with schools being important for those with children. Public transport is another consideration for many. For those in the workforce, it is important to choose a location with an easy commute to work.
Size and Shape
The size and shape of a property block determines the price. It also determines what kind of house can be built there. The most common mistake made by first-home buyers is buying too large a lot and over-stretching their budget. In many cases, 4Land Property Group recommends that first-home buyers purchase a smaller lot and use one of the space-efficient home designs currently offered by many builders.
Survey Strata Titled or Green Titled
Green titled land is very straightforward; the owner has full ownership and control of everything within their boundaries. However, survey strata titled land forces the owner to share part of their land with their neighbour or neighbours. Besides the potential for dissension between neighbours, survey strata titled land can also generate hidden maintenance fees, thus raising the monthly cost of the property.
Setbacks
Setbacks determine the distance between the road and the front of the house. Many titles and estates are rigid, where some are flexible. 4Land Property Group recommends that buyers always know their setback distance and use it to determine whether or not they can have the house design and the backyard they want before purchasing.
Incentives
Many developers offer incentives, such as free landscaping or free fencing. This can save buyers a lot of money. 4Land Property Group recommends always asking the sales agent whether the developer is offering incentives.
Building guidelines and covenants
Virtually every land estate has rules that must be followed and are not subject to negotiation. These can be as simple as what paint colours can be used on the house and its peripherals, or how long the buyer has to finish building a home after buying the land.
It is mandatory that any buyer fully understands the rules in any estate before purchasing land there.
Lauren O'Connor, Marketing Manager of 4Land Property Group, compiled the information and was happy to offer it to potential buyers: “We offer many different options in the Perth and WA markets, but what's right for one may not be right for another.”
O'Connor continued, “Buying a home and choosing the right block of land is the most important decision many people will ever make; we want them to make the right choice.”
Uniqueness and affordability are what 4Land Property Group, a successful developer of land estates, specialises on. Their communities across Western Australia are carefully planned to accommodate varying lifestyles and budgets. Call Lauren O'Connor on (08) 9301 4445 for more information.