Spring is the perfect time of year to explore the option of buying land and building your dream home. Before you begin the search for finding the right parcel, I recommend meeting with a building contractor or architect to discuss the process of constructing a home in addition to knowing the costs associated with building. You will want to make sure it is within your budget before you begin your search.
If you plan on getting a construction loan to finance your home, make sure you meet with local lenders to get pre-qualified. The process and rates are different than if you were to buy a home already constructed. They will provide a timeline as to how the funds are distributed based on the status of the construction.
Prior to searching for land, make a list of what is most important to you. Is it having a brook or mountain view, having an open meadow so you can garden or raise a few animals or just having a private wooded setting? Once you have identified some land for sale you will want to view the surrounding properties to see what is nearby. How close are you to neighbors? Is there any development potential or do you hear road noise or businesses? If you are new to the area, check out the communities in the Western Mass area and make sure the land is in a convenient location and that you can get high speed internet!
Once you have selected a parcel and have an agreement to purchase you will want to meet with your builder and various contractors to inspect the property and get a sense of what the site costs will be. They will also make sure your home can be constructed within the requirements of the zoning bylaws.
Building your home can be a very stressful. But having the opportunity to create a place designed to fit your needs is so rewarding.
Below are links to help you get started. If you have any questions about the building process, you can contact Wanda Mooney at 413-768-9848 or email. She has 28 years experience in selling land and also built her own home! Learn more about Wanda here and review her credentials.
List of Builders, Contractors, Architects, and Engineers here
List of Local Lenders here
Search Land Listing here
Explore the area here