If you’re hunting for a section to build your new home on, be careful. While most of the decisions you make will be based on personal preferences like the location or view, it’s important to also understand what is going on beneath the surface. The tips below can help you carefully assess a prospective section and avoid some basic ‘traps’ and save you time, stress, and literally thousands of dollars.

A nationwide housing shortage is prompting many owners to explore whether it is feasible for them to subdivide their land and sell the sections. In many cases subdividing can be a highly lucrative venture, but it does require some due diligence. Here are a few points to consider if you’re thinking about subdividing your land.

Are you moving upwards or growing outwards? Typically the top two reasons people choose to build a new home or undertake renovations are; to move up the property ladder for a change in lifestyle, or to accommodate a growing family.