Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Who pays to get utilities to a property without it?
I am looking at a piece of land located 3 blocks from the high school is an up and coming suburb. The land was a farm and is cleared and level. There are some C+/B homes in the area. The land is just outside of the city limits, so I'm thinking of building a quad and house hacking it. The land has city water running by it, but no sewer, electric or gas.
Question: would I have to pay to have the utilities run to the property or would it be the responsibility of the utility companies, the city or both? The cost of paying to lay sewer lines could be a deal breaker. The sewer line ends about 2 blocks from the property.
I'm sure this area will be developed in coming years. I could buy the property and hold until someone else builds in the area, but I could lose the zoning option for building a quad or duplexes.
Thank you for any comments.