About Me

Planning and Executing Construction and Contracting Projects: Tips for Consumers

Welcome to my blog. My name is Deborah. About 15 years ago, I bought an old home. We worked with several contractors to rehabilitate it, but ultimately, the foundation simply wasn't stable enough, and we had to tear it down. After that, we worked with a construction crew to build a home from the ground up. The experience was exciting and challenging, and I learned a lot through that process. I want to share construction and contracting facts and information with others so I decided to start this blog. I hope that you like the results, and I thank you for reading. Enjoy!

Planning and Executing Construction and Contracting Projects: Tips for Consumers

When a Homeowner May Need a Land Survey, Even Though They Already Own the Home

by Samantha Russell

If you already own your home then you may assume that you would never need a land survey done. However, knowing the exact boundaries of your property and what might be encroaching on those boundaries can be very helpful in a variety of situations. Note when a homeowner may need a land survey completed and why it can be helpful to them, even though they already own the home and the land.

1. Before selling

Chances are you had a land survey done before buying, or may think it's up to a potential new buyer to find out about boundaries if it's a concern of theirs. However, a land survey may tell you that the markers you use to note your property's boundaries have changed since your purchase; in turn, your property may look bigger and buyers may be willing to pay more money for it. As an example, if you think that a certain strand of trees or other natural landmark is your property's boundary and find that your yard actually extends well past that point, potential buyers may be more interested in your property overall and may be more willing to pay top dollar for it.

2. If neighbors have erected a large outbuilding

If your neighbors have erected a large outbuilding, you might want a land survey done to note if it's encroaching on your property. It may also be too close to your property boundaries, if there are local regulations that stipulate how far back from the boundaries a garage, shed, bar, and other building needs to sit. You may have legal rights to ask your neighbors to take it down or move it back so that it doesn't interfere with the use of your own property.

3. Before getting or renewing any type of homeowner's insurance

You typically get homeowner's insurance when you buy your property, but you may be in the market for a new policy provider or it may be time to renew your policy. Before you make that decision, it's good to have a land survey done of your entire property. A land survey can tell you if the plot of land is smaller than you assume so that you should be paying less for the policy, or may tell you that you're not in a flood zone as you assumed. In turn, you may be able to pay less overall for your homeowner's insurance.

Share