Should I buy the land next door?

[Cesar Valencia]

Hello, If I have the opportunity to purchase the land next door to my house should I do it?

1. 1.What are the steps to "combine" that piece of land and my property? How do you go about doing that?
2. 2.How much will a piece of land help in my appraisal value once I do successfully merge the land and my property?
3. 3.Is it even worth the trouble?

I currently own a property in North Chattanooga and the land was divided a few years ago. The empty lot would be a challenge for anyone to make use of, including myself. Let me know what you think!

[John Teachout]

In my experience, not purchase adjoining property when there's an opportunity almost always leads to later regret. This applies to your residence, not rental houses. There doesn't need to be a "use" for it, it keeps someone else from using it and gives you some "buffer" which is nice in most cases. (unless you like having nearby neighbors)