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unimproved land

What is Unimproved Land?

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Unimproved land, often called raw land, makes up a significant portion of real estate investments in rural and developing areas. According to recent studies, over 47% of privately owned land in the U.S. remains unimproved, providing untapped opportunities for forward-thinking buyers. But what is unimproved land? Simply put, it’s a property that lacks basic infrastructure, … Continued
cost to hire contractor to build a house

How Much Does it Cost to Hire a Contractor to Build a House

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Starting the process of building your dream home is an exciting and fulfilling experience, but understanding the cost to hire a contractor to build a house is crucial for budgeting. On average, contractor fees account for 10% to 20% of the total construction cost, with the overall price ranging from $150,000 to $450,000, depending on … Continued
donating land to charity

Donating Land to a Charity

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Donating land to a charity is a generous way to make a meaningful impact while potentially benefiting from tax advantages. Did you know that charitable land donations in the U.S. provide landowners with tax deductions equal to the property’s fair market value, which could significantly reduce your taxable income? Whether you’re easing your tax burden … Continued
cost to hire contractor to build a house

Can I Build a House Without a General Contractor

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Building a house can feel like a complex puzzle, and one big question many people ask is, “Can I build a house without a general contractor?” According to the National Association of Home Builders, general contractors can add up to 10-20% of the total project cost, making it tempting to consider managing the process yourself. … Continued
impact fees on land

What Are Impact Fees on Land?

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Impact fees are a crucial yet often misunderstood aspect of land development. If you’re asking, “What are impact fees on land?” they are upfront charges placed on new development projects by local governments. These fees help fund essential public infrastructure like roads, schools, and utilities, ensuring communities can handle increased population demands. Interestingly, many communities … Continued
What property taxes pay for on vacant land

What do Property Taxes Pay For on Vacant Land

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Understanding “What do property taxes pay for on vacant land?” can help landowners see the value in their contributions to local communities. Did you know that vacant landowners often pay taxes to fund essential services like public safety, schools, road maintenance, and more? For example, property taxes contribute to the $566 billion in annual revenue … Continued
private property rights

What Are Private Property Rights?

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Private property rights are fundamental to many legal systems worldwide, granting individuals the authority to own, control, and utilize their property. According to a report by the World Bank, stronger property rights contribute to higher levels of economic development and even increased household wealth. But what are private property rights? Simply put, they protect your … Continued
increase your land intelligence

Ways to Increase Your Land Intelligence

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Unlocking the full potential of your land can be a game-changer in today’s real estate market. Did you know that understanding land value trends and zoning rules can increase property decision success rates by nearly 40%? Learning the best ways to increase your land intelligence is essential if you want to maximize opportunities and make … Continued
what is dwelling under construction insurance

What is Dwelling Under Construction Insurance?

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Dwelling under construction insurance is essential for safeguarding your property while it’s being built or renovated. Did you know that this type of insurance can cover damages caused by theft, fire, storm damage, and even vandalism? Studies show construction sites are at high risk, with nearly 30% experiencing theft of materials or tools during building … Continued
building a lake on land

Tips for Building a Lake on Your Land

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Building a lake on your land can be a fantastic way to enhance your property’s value and create a stunning private retreat. Did you know that homes with a waterfront view can sell for up to 36% more than similar properties without one? That’s not just a fact; it’s a compelling reason to explore this … Continued