We can rebuild it! Act today!
I have had clients who purchased a property with a very old rundown building on it. The property would have to be torn down because of its condition. The clients were ok with the removal of that old building because they wanted the land for its location. Many times, this situation occurs with “waterfront or water accessible” properties. There are only so many “waterfront or water accessible” properties available so we can see the landscape of “water” areas in demand because of the limited supply.
Once the location is found and the property is purchased, the “build” begins. If the property location isn’t in the city / town limits, a septic & well system must be installed. If the property is “waterfront”, it must now be a two-acre parcel for the build where in the past, it had to be a one-acre parcel for a new build. If the property is less than two-acres on the water, and most times it is a very small parcel of land, the septic system must be an “engineered” system to accommodate the proximity to the water it is resting near. People who purchase a property that can be lived in immediately, but that property is resting (for example) on a ¼ acre parcel of land must realize that if the septic system fails, the present environment code will be made to follow the most recent septic code and therefore must use an “engineered” septic system. This “engineered” septic system will cost between $15,000 - $20,000+. This is a big purchase and can be overwhelming to most. When buying a “waterfront” property, your realtor should be telling you this to help you become aware so that their buyers can make an informed decision about their potential purchase.
Once the “well & septic” is put in place, the foundation can be started, and the build will go from there. Each step of the build will need “trusted PROs” to complete the build. How well the build goes, will depend on the PROs that you hire! Choose carefully!
Start today! Be “Proactive”! Search PROfinders.ca! Be secure, warm, and dry!
By Hal Butler, Realtor