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Updated almost 2 years ago, 02/12/2023
Subdividing - Selling Lots vs Building Houses
Hello, I have a 15 plus acre piece of land that I would like to subdivide and im trying to get some ideas on the best way to proceed. I’ll have to bring in partners for sure. I effectively own the land outright and would bring that to the table. I bought land with a house where I presently live. My driveway would need to be converted into a town road or private way, there are 2 hydrants on the property already with 1 septic for our house. There is a utility easement for Power and Cable. Note: I have some experience in small multi family construction and renovation. I’ve also carved up a few small single family lots over the yers. The concept of doing a larger subdivision is new to me but I wanted to take on a bigger challenge. I’m open to any / all suggestions on how best to proceed. So far I hired an engineer who is flagging wet lands, doing boundary work and creating digital topo maps. Note the market nearby is very hot, very few homes on the market and I was considering 55 plus housing to gain density plus address the lack of options serving this demographic. Thanks, David