Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago on . Most recent reply

User Stats

75
Posts
30
Votes
Scott L.
  • Investor
  • Stamford, CT
30
Votes |
75
Posts

New home cost impact of rocks, trees, stream, grade in land

Scott L.
  • Investor
  • Stamford, CT
Posted

I have the possibility of investing in the development of two new homes (1 acre each) in my town. The neighborhood is exceptional and land purchase price will be lower than market, given personal contacts.

The land right now is about half filled with small-to-medium-girth trees. The ground is bumpy underfoot and our town is known to have rocks under the topsoil. There's a small brook on one edge of both properties. One neighbor have dealt with it by building a small tunnel under one side portion of their driveway. So net-net, lots of promise but also these topology concerns I haven't dealt with before.

Can anyone point me to guidance like cost increases to bulid, pitfalls to watch out for, and due diligence steps to take, to asset the impact of the grounds on building the house? I'm hoping for more guidance than "it's more expensive," "it depends", "talk to the zoning board", or "hire a surveyor", though I understand these are part of the answer. For example, how expensive does it get to remove stones, clear a field of trees, or flatten the property? Can a basement truly be waterproofed from a brook that's 50 feet away and down-grade? I'd be happy to read anything written about a developer's experience with 'bumpy' land. Thanks in advance!

Most Popular Reply

User Stats

23,418
Posts
13,508
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

The trees are nothing, a few thousand. The brook, no idea. Only a local excavation guy, or builder, could "guess" at the difficulty of any basement excavation in that area, based on past experience in that specific area.

Loading replies...