When purchasing or selling a property, numerous factors exist, including the property’s condition, location, and potential zoning restrictions. While it may seem like an unnecessary expense, there are many reasons why you should consider a land survey before making any decisions regarding a property.
Here are five benefits of land surveying and why it is a wise investment.
1. Establishing Property Boundaries
One of the primary reasons to conduct a land survey is to establish property boundaries. A surveyor will use specialized equipment to measure the land’s boundaries accurately and create a detailed map or report.
It can also be useful when building fences, installing driveways, or making any other significant changes to the property. In some cases, a survey may identify that the property lines are not where they were believed to be, which could affect the property’s value and the ability to obtain financing.
2. Identifying Potential Issues
Another significant advantage of a land survey is that it can identify potential issues with the property. For example, if there are encroachments on the property, a survey will identify them, and you can take action to rectify the issue.
Additionally, a survey can identify any potential environmental issues, such as the presence of wetlands or other protected areas, that could affect the use of the property. Knowing these issues can help you make informed decisions about the property and avoid future headaches.
3. Avoiding Legal Issues
A land survey can help you avoid legal issues down the road. For example, if you purchase a property without conducting a survey and later discover encroachments or boundary disputes, you could find yourself in a legal battle with your neighbors. A survey can help you avoid these issues by providing you with accurate information about the property before you make any decisions.
Plan on making any significant changes to the property, such as building a new structure or adding a swimming pool. A survey can ensure that you are not violating any zoning or building codes that could result in legal issues.
4. Obtaining Financing
If you are planning on obtaining financing for the purchase of a property, the lender may require a land survey. Lenders want to ensure that the property is worth the money they are lending, and a survey can help them accurately determine the property’s value.
A survey can also help you negotiate a better price for the property if any issues are identified during the survey. For example, if the survey reveals that the property is smaller than originally thought, you can negotiate a lower price based on the reduced size.
5. Peace of Mind
Finally, a land survey can provide you with peace of mind. Knowing that you have accurate information about the property’s boundaries and potential issues can help you make informed decisions about the property.
It can also help you sleep better at night, knowing you have taken all the necessary steps to protect your investment. By investing in a land survey, you can have confidence in your property ownership and avoid potential conflicts or legal issues.
Conclusion
A land survey can save you time, money, and headaches. So, if you are considering a property purchase or sale, include a land survey as part of your due diligence process. Doing so lets you make informed decisions about your investment and ensure a smooth and stress-free process.
If you need professional land survey services that are reliable and affordable, look no further than Will’s Service Group. With over ten years of experience and a commitment to fair pricing, they can provide accurate information about your property. Contact us today!
