Are you looking for land and need help figuring out where to start? Do you know what type of land you need?
Knowing the kind of land that would work best for you is a great way to begin your search. There’s no need to panic if you haven’t figured it out yet.
You can use this blog as a guide to finding the correct type of land. Purchasing the correct land is important so that you don’t break any laws.
Residential land is land that is used for residential purposes.
Simply put, these properties (both land and buildings) are made for people to live on and are the most common type of real estate. Local zoning laws usually define these areas and cannot be used for commercial or industrial acts.
It is important to note that zoning laws vary by location and can sometimes restrict the number of buildings permitted or what kind of municipal services can be provided.
Commercial land is property that is meant to produce income.
This type of land is appraised and treated differently from residential land. For that reason, it is exceptionally crucial for you to consider a Moorpark real estate agent avoid getting scammed.
Commercial land can be any plot or section of land used for commercial purposes and can generate a profit.
This type of land can include:
- Industrial Property
- Retail Stores
- Parking Lots
- Office Buildings
- Medical Centers
- Apartment complexes or other home rentals that earn an income
Zoning laws also vary by location and can change depending on special circumstances. An example of which is someone that also lives on their commercial property.
Agricultural land is defined as land that is suitable for growing crops, under permanent crops, or under permanent pastures.
These terms also include temporary crops such as cereals, temporary meadows for mowing or pasture, land under market or kitchen gardens, and temporary land fallow (land that is not seeded for one or more growing seasons).
You can construct buildings on your agricultural land that will help its growth, such as your personal home or a barn.
However, if you plan to build other homes for rent or to sell, you may have trouble getting approved.
Recreational land is defined as any piece of property that is used for purposes of recreation.
Recreation uses can include:
You can build a home on recreational property as long as it follows the zoning rules and local authorities have permitted it.
Knowing the type of land you need is the first step in the journey. Doing your research on these types of lands and what they entail can also protect you against potential scammers.
Believe it or not, there are even land scams and scammers out there. If you are buying any type of property and feel that something isn’t right, it may be best to contact your local authorities.