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Research Before Buying Land - Properties - Nairaland

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Preventive Measures When Buying Land In Nigeria. / 8 Factors To Consider Before Buying Land To Build Your Home / The 10 Commandments Of Buying Land In Nigeria (2) (3) (4)

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Research Before Buying Land by ShelterHomes(m): 11:48pm On Sep 30, 2016
Having found a plot in your price range that may be suitable for your build, the next step is to research the plot and surrounding area thoroughly.
Buying a plot to self build involves a considerable financial outlay and is littered with unknown variables. You need to eliminate as many of these unknowns as possible before you buy. This will increase your chances of a successful project, within budget and resulting in the home you envisaged.
The research can begin without even leaving home. Completing an initial desktop study generates a wealth of information about the neighborhood, the surrounding area and any geographical features. Information collected at this stage can eliminate the plot as a possibility or put it on your list for a site visit.
The site visit gives you a chance to start visualizing the possibilities and assessing the potential of your plot. It is also an opportunity to fill in more of the blanks and gather good, on-site, information. There are a few key things to make sure you look out for.
Following the site visit you may be getting an excited warm fuzzy feeling about your plot. You guessed it! Time for some more research. Before jumping in you need to investigate some matters in more detail:
Assess the land price and ensure it is realistic.
Ascertain the planning history and permission status.
Broaden your desktop study and investigate other matters such as contaminated land, tree preservation orders, flood risks, etc.
Depending on what you have found out about the plot ground conditions through your own research, it may be necessary to employ a specialist to investigate further. Ground conditions and excavations are one of the big (and often costly) unknowns of building your own home.

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Re: Research Before Buying Land by ShelterHomes(m): 8:58pm On Oct 07, 2016
Don’t be left behind: it is important you go where the world is going. 13% annual population growth rate of the area surpasses other major locations across Nigeria.

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