Why subdivide your backyard?

May 31, 2017

in Home

Subdividing your property – what you need to think about

There can be several reasons why you would want to subdivide your property. The most important thing you need to realise about any subdivision is that it's a complicated process and it can take a considerable amount of time to complete. There are many procedures that you have to follow, and you may find that your property is not actually suitable for subdivision in the first place.

In this article, we are going to look at why you may want to subdivide your property. We are also going to give you some advice about what sort of things you need to consider about the project you are undertaking.

Why might you be thinking of subdividing your property?

If you have a large plot of land, subdividing can seem like a good way of making some extra money. You can section off the land into separate areas, with separate titles, and sell them as plots. If you prefer, you can build on the subdivided land and sell the land and the house as one.

All of this may sound tempting, as a way of securing money from land you are not currently using. But there are pitfalls and the project may not be easy, or even possible, to complete. There are plenty of things that you need to consider if you are thinking of subdivision as an option.

What you need to consider when subdividing

There are permissions you need to seek before you start the subdivision process. The application process is complicated, so it's a good idea to get help from professionals such as surveyors and lawyers. You are far more likely to get through the process successfully if you do not try and do everything by yourself.

There are plenty of potential obstacles in the way when you are subdividing. These can include the size of the property and the presence of structures such as water mains and sewer pipes. Professionals like Geosurv can help you identify this type of structure on your property. You need to have access to this type of information as part of the application and completion process.

Budget is a vital part of any subdivision process. You need to ensure that you are realistic about how much you can afford to invest in a subdivision project. It's expensive to undertake, from the application process, to other related paperwork and paying for the services of professionals. You need to make sure that you can afford the investment. You also need to ensure that the returns you can realistically expect make the investment worthwhile.

Hopefully, you can see how complicated sub dividing your property can be. It's also worth noting that you should not just expect to be able to subdivide; often you are not able to do so. If you can undertake the project, be careful to get reliable and expert help and to have a realistic budget in place.



The following two tabs change content below.
Lindsey Renuard is a blogger, YouTube beauty expert, and the Managing Editor of the Skiatook Journal.

Comments on this entry are closed.

Previous post:

Next post: