I'm thinking about building a home. What is the difference between surveyed and unimproved land? Why does

Question

surveyed land cost so much more?

Answer 1

If you are only talking surveyed land, that means the legal boundries have been set and the cost of the survey has been included in the price. There is also the possibility that the land has already been improved, meaning access to electric, etc. has already been done.

Unimproved land means that nothing in the way of survey or utilities has been completed and those items come at a price. If the work is done, the price of the land goes up.

Answer 2

Depends on where you are, and what the survey did.

Basically, unimproved land is anything without buildings. Farm and pasture land is unimproved, a house or an apartment building is improved.

The value of the survey is in the fact that you have a good idea where the boundaries are, where the fences are, exactly how much acreage, possibly it will show any significant terrain features like wetlands, maybe show the setback requirements from Zoning.

How much more than unimproved that makes it worth really depends on the cost of a survey in the first place.

Answer 3

2

Answer 4

They have nothing to do with each other. Surveyed has a drawing showing the property lines, easments, and any permanent structures on the property. Unimproved land is just a term for property that has no structures or water or sewer to the property.

Answer 5

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