Recently found some land that interests me and I have went and looked at it several times. It is very raw and will require quite a bit of dirt work to get it to a walk out lot that I desire.
I am not quite ready to build but would be in a year or so. My plan was to contact several Gen Contractors to bid on what it would take to get it fully developed (sewer, wAter, electricity, gas, driveway, dirt work,etc) and average the different bids and include the purchase price to determine how much the land investment would be.
Question: has anyone been in this type of situation? Any tips or things to consider? TIA!
I am not quite ready to build but would be in a year or so. My plan was to contact several Gen Contractors to bid on what it would take to get it fully developed (sewer, wAter, electricity, gas, driveway, dirt work,etc) and average the different bids and include the purchase price to determine how much the land investment would be.
Question: has anyone been in this type of situation? Any tips or things to consider? TIA!