Content of the material
- What Is a Lot Size?
- The Importance of Lot Size
- Lot Size and Lot Shape
- Lot Size vs. House Size
- 8. Professional Survey Services
- Lawn Size Online Tool
- 4. Boundary Survey Plan
- First option
- Can I build multiple homes on one lot?
- 4. Go Through Your Property Deed
- How to Find the Property Lot Size
- Post navigation
What Is a Lot Size?
A lot size is the size of the land on which your property is, as the name implies. Usually, lot size is expressed in acres or square feet, as the case may be. The lot size is the benchmark for understanding how large or otherwise your property is.
There are times in which you get a lot and get every necessary information regarding the size; some other times, you may inherit the land and can’t lay your hands on this information as soon as you want. What happens then?
Luckily, specific technology exists to determine lot sizes; you can find out the dimensions by using a lot size calculator or satellite images. More light would be shed on this subsequently.
The Importance of Lot Size
You may be wondering why knowing your lot size is important and what effect it has in the long run. This section sheds light on the importance of lot size.
It’s important to note that being aware of your lot size helps save you a lot of money and time; purchasing a building that’s way bigger than your property is indeed undesirable. You can prevent this simply by being aware of your lot size.
Being informed about your lot size helps you know the types of building projects that are realistic and best-suited for your property. Knowing your lot size equips you with the knowledge of how much space you have for your projects and keeps you informed as to how much space you have left. Indeed, you don’t want a project that’ll leave you with no landscape.
Furthermore, lot size is essential in determining your land’s value, which comes in handy when you want to sell or buy a lot. How valuable your land is mainly dependent on the size of the lot. Don’t also forget that location is pivotal in determining the value.
Lot Size and Lot Shape
Another area to which you must give attention is the lot shape. It’s essential to be aware of your lot size, but you also need to know your lot shape. Usually, most lots have a rectangular shape. However, there are few exceptions, as in the case of lands with irregular shapes.
Getting to know your lot shape and size affects other decisions you make about your property, which means you don’t run at a loss; loss of time and money.
Before undergoing any building project, you should consider size, shape, and other pivotal factors like elevation or terrain to get a wholesome picture of your property.
Lot Size vs. House Size
In the past, you could have both a large lot size and a large house, but these days, developers are now carving lands into smaller plots to build more homes, resulting in more sales.
With a large lot size, you can have space for a garden, playground, outdoor entertainment, but you’ll need more landscape maintenance.
On the other hand, a large house gives more room for entertainment and accommodation of guests, bigger space to relax and have indoor activities; however, you’ll have more cleaning to do, more area to heat and cool, and more repairs to do.
Therefore, you have to choose between having a larger lot size or having a larger house.
Here are factors that you have to consider to make the right choice:
- Budget: How large your budget determines how large your home or lot will be. It’s advisable not to be tempted to go for a home or lot size that’s more than your budget, as you’ll have to struggle to pay for it later.
- Household size: Your household size is another essential factor when deciding to choose a larger home or lot, and this depends on whether you’re a growing family or an empty nester. For example, you may want a big compound to play in if you’re a growing family, but this shouldn’t be at the expense of comfortable room space.
- Commute time: In a bid to find a home or lot size that’s suitable for you, don’t forget to consider the location. Ensure you consider your commute time and also your accessibility to nearby schools, parks, etc.
8. Professional Survey Services
Even though this may be the most expensive option for obtaining the area size of your site, the hiring of professional survey services for your property should also be the most accurate option for obtaining an area.
Even though the property deed should already include an accurate area of your property, the preparation of a professional survey plan might still be a good idea if you believe that the property deed might be incorrect.
Lawn Size Online Tool
To estimate the cost of a landscaping project, measure your yard or a lawn size first. You need to know how much sod, mulch, sand, concrete, synthetic turf, building materials to buy.
4. Boundary Survey Plan
If you have ever had a professional survey done for your property, there is a good chance that a boundary survey had been done as well. The result of this survey would have been a boundary survey plan that shows the layout of your lot along with lot line dimensions and the area of your lot.
Firstly, potentially the most time-consuming method is to manually measure your lot size by walking the perimeter of your lot.
Of course, you could do it the old fashioned way and walk around the property line with a measuring tape or measuring wheel. However, this method of measurement is very time consuming, and it is easy to make small errors which may throw off the math overall, leading you to incorrectly calculate the total square footage. If you’re intent on this method, be sure to do so very carefully and accurately.
Luckily, you can also do this using your smartphone.
Firstly, by using Google maps, you can utilize GPS, so while you walk the perimeter of your lot, your movements will be tracked and leave you with accurate dimensions. This is quite a bit easier than using a measuring tape, as the phone does the measurements for you as you walk.
Another option is to drop markers on your phone. However, it is unlikely that you will be accurate by using your finger to select these points, rather than using GPS.
Can I build multiple homes on one lot?
This depends entirely on your geographic location, as it hinges either on the size of your plot, or the rules and regulations of the area.
Sometimes, you might have a single 10-acre lot for example, but building multiple homes requires you to split your land into a couple of lots or more, depending on the building size.
It also depends how many separate buildings you want.
So, as with any building project, you need to fully examine your local rules and guidelines before you begin. Your municipality likely has a help-line or service centre to help with these types of inquiries.
4. Go Through Your Property Deed
Usually, one of the most straightforward ways to find out your lot size is by going through your property deed. Typically, property deeds come with descriptions of the boundaries of properties and the dimensions of their lots.
Using online calculators, you can calculate the total surface area of your lot, which helps you come up with a single number that helps determine the building best suited for your space.
You must be sure that additions and any other changes haven’t been made to the size of the lot since it was documented.
How to Find the Property Lot Size
If you aren’t sure about the lot size, annual tax updates and other state-generated information may provide the lot size along with the other relevant information. The public records office in your city or county also will have your original lot size on hand.
These are official departments, so you can be sure that you have the correct lot size to use in any legal capacity you may need.
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