What Factors Should You Consider Before Subdividing Your Land?
If you own a decent piece of land, you might need to subdivide it at some point. Perhaps you want to sell or develop a part or the entire land. Regardless of your reasons, it's vital to remember that land subdivision isn't something you can do on your own. There are certain things you need to know before you begin the land subdivision procedure. This post will outline key factors you need to consider.
Authorisation
The first question you need to ask yourself even before you hire a land surveyor is if your land can be subdivided. This is because lands are different, and the subdivision process varies as well. So, consider determining the requirements beforehand so you can meet them. For instance, the land you want to subdivide might need to have a specific shape and size or be near the road. Services like telecommunications, water, electricity and wastewater may also be a necessity. Note that the land location also determines if the subdivision process will be easy, complex or impossible. Consider consulting a land surveyor from the beginning to know your options.
Shape and slope
Another thing you need to consider, especially if you want to subdivide the land to construct a residential or commercial building, is the land shape and slope. Usually, these factors can restrict the property access or minimise the usable area significantly, meaning it might not be economical to pursue your objective.
Additionally, investors are always advised against overlooking the slope and shape. If you want to subdivide the land and sell it, but the slope and shape aren't ideal, you will probably find it difficult to get a suitable buyer. Dividing such a property would be a mistake.
Cost
Like other services, land subdivision comes at a price, and you need to set some funds aside for this project. But before you do this, be sure to research the estimated costs. Usually, the costs will vary depending on the scope of work, location, permit fees and the land surveyor's rate. You should be able to find the information you require online, and if you don't, consider talking to an experienced land surveyor. Due to their expertise and knowledge in handling similar tasks in your area, the surveyor will know the estimated costs for the project and can help you determine if it'll be worth it or not. The last thing you want is to invest your hard-earned money on this and end up gaining nothing.
