Although some people think a land subdivision project is only necessary if they want to gift their children various parts of the lot, the reality is that this measure can prove to be a considerable investment. Subdivision is not only a flexible strategy, but it also offers an array of benefits to the landowner. From affording you financial security to providing you with an opportunity to make a profit from selling the subdivided lots, this measure is great for both novice and veteran investors.
However, before you can embark on this process, you need to determine if subdivision is a viable measure for your particular lot. To do so, it is necessary to enlist the services of a reputable land surveyor. Keep reading for a couple of the things that a land surveyor will look for when determining if you can start subdividing your property.
The configuration of your lot
Aspects such as the slope, shape and even the size of your property will all influence how viable the subdivision will be. For instance, if the lot is too steep, subdividing it will be an exorbitantly priced endeavour and in some cases, it may even be an unworkable measure. In terms of size, a small property may not produce practical lot sizes so subdivision will be an impractical solution for you. Some of the considerations that your land surveyor will take into account will include:
- How accessible the property is for the construction of routes, driveways and so on
- How the construction of access routes will negatively impact adjacent properties
- If the construction of routes to access the subdivided lots will be legal
Connecting to various utilities
The second thing that a land surveyor will consider when determining if subdivision is a feasible measure for your land is whether it will be possible to connect to utilities such as electricity, sewerage, water and so on. Take note, if you are going to apply for titles for the newly subdivided lots, it is compulsory to ensure that both water and sewerage are working. If your land is located in a remote area, you may need to invest in extensions to connect to the main sewerage system.
These extensions are quite expensive so you need to take into account if this will be a worthwhile cost for the project. Moreover, if your land is steep, you may have to buy and install a pump, which will inflate your overall costs. Water is another critical utility for your subdivided lots and if the property is not close to the mains, your land surveyor may have to collaborate with the local council.
Contact a local land surveyor to learn more.