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 Dividing Acreage for building a house 
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Post Dividing Acreage for building a house
I'm sure someone here has a good bit of land and split up the land to build a house on.
So I'm needing some help. I made a post a while back about me buying more land than than I had originally wanted/ needed, so here's what I'm dealing with.
I'm in the process of building a house
What i'm being told by my bank is that my house will probably appraise for a lot less than what i'm paying for it because there are no comparable properties in the area that sold in the last year to give my land/home an accurate value.
The bank is recommending I take the acreage I have and have a 1-2 acre tract separated off of it to put my house on.
They said I will get a much better appraisal that way, having the house on 1-2 acres.

Has anyone ever done this?
What kind of time does it take to do it?
Am I barking up the wrong tree?

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Sun Jun 24, 2018 8:35 am
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Post Re: Dividing Acreage for building a house
Been there years ago. The time wasn't a big deal. It took about a month .A survey crew will section off what u want and time to file with county etc. it seems my place and others around me that have land have more value at 1 to 2 acres. When places come up for sale 1 to 2 acres seems to be considered a big place. Same places with bigger land attached don't seem to gain much value from having more land. It's weird in my thinking but I guess for most buyers more than a couple acres seems like too much to take care of so the additional acres are only valued at 3 to 4'k an acre. A 1 acre spot in my area brings 15 to 20 k. A 10 acre spot brings 5k an acre. Just weird


Sun Jun 24, 2018 9:07 am
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Sun Jun 24, 2018 9:12 am
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Post Re: Dividing Acreage for building a house
Luckily I use a local bank that will always sit down and bs when I have questions. Maybe ask your banker?


Sun Jun 24, 2018 10:30 am
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Sun Jun 24, 2018 10:37 am
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Post Re: Dividing Acreage for building a house
I've had mine surveyed 3 times in the last 3 years (Purchased whole property, Dad built a house, then I did). It's no big deal. Really depends how fast the survey company can get out there. They have knocked mine out within a few days each time I've needed it. I have 35ac and the cost has been in the 600-1k range.

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Sun Jun 24, 2018 12:36 pm
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Post Re: Dividing Acreage for building a house

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Sun Jun 24, 2018 12:38 pm
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Post Re: Dividing Acreage for building a house
Don't know how it is down south, but if you have x amount of acreage and it is zone as anything other than residential to convert a portion (say 1-2 acres) into residential it usually has to go before a town, city, or county board for approval.


Sun Jun 24, 2018 5:03 pm
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Post Re: Dividing Acreage for building a house
I don't think he wants to change the zoning. If I understand it correctly, it sounds like it's just making one tract into two tracts both zoned the same.


Mon Jun 25, 2018 5:46 pm
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Post Re: Dividing Acreage for building a house
I don’t think I’m changing the zoning. I don’t even know what that consist of.
I just want my house and 1-2 acres to be a separate from all my other property.

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Mon Jun 25, 2018 7:00 pm
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Wed Jun 27, 2018 9:13 am
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Wed Jul 11, 2018 5:17 pm
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Post Re: Dividing Acreage for building a house
Got everything done last week.
I was able to section off 1.5 acres. The parish was able to do everything in house and only postponed me about 2 weeks.
And that’s because they had to survey it. So all in all, it was easy

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Wed Jul 11, 2018 5:36 pm
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Thu Jul 12, 2018 7:01 am
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Post Re: Dividing Acreage for building a house

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Thu Jul 12, 2018 7:04 am
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Post Re: Dividing Acreage for building a house
Hunt County (East TX)

10 acres in the middle is heavily wooded. Everything else is pasture so the corners are easily seen.

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Thu Jul 12, 2018 11:21 pm
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