Land survey is essential for land investment process as it helps you measure and map distinct physical features of the land. This includes land boundaries, elevation, environment impact, and proneness to disasters among others.
So what is land survey and why is it important, this question must brush your mind if you are consider venturing into land investment in near future. Land surveys analyze the land quality in detailed manner to help you make an informed decision.
Like the land investment process, land survey is also an overwhelming process if you are unaware where to start and whom to connect. Nevertheless, with this blog we got this covered for you.
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Land survey is an essential step you must conduct while researching different properties for land investment. So, let’s see what is land survey.
A land survey is a process of measuring and mapping the boundaries, features, and ownership of a piece of land. Licensed professionals called surveyors conduct these land surveys. These professional surveyors use specialized equipment and techniques to collect and record accurate data.
Furthermore, land surveys can show the location, size, shape, elevation, and contours of a property, as well as any buildings, structures, utilities, roads, easements, rights-of-way, and encroachments on it.
Now that you know what is land survey, it is important to dive into its importance. It is crucial to survey land before investment for many reasons, such as:
To delve deeper into what is a land survey, you need to have a comprehensive knowledge of different types of surveys of land.
The points below will take you through the crucial types of surveys for land investments.
Site planning survey is one of the most important land surveys as it looks into combining reports of boundary and topographic surveys. This type of land survey is typically useful for the design phase to plan the layout and utility placement.
The main purpose of this survey is to guide the construction projects with precise measures. With a comprehensive construction survey drafted by a professional engineer, your land investment will reap wholesome ROI in the long run.
A construction survey is useful to stake our locations for buildings, roads, and other structures during the construction process.
Among the different types of land surveys explained, topographical survey plays the role of mapping the physical features of the land area. This involves elevation, slopes, drainage patterns, and water bodies among many more.
This type of survey is essential in the engineering, construction, and architectural processes of land development. The topographical survey also helps us understand the land terrain and to focus on drainage planning.
Among the types of methods to survey a land for sale is boundary survey. The crucial purpose of this type of survey is to establish boundaries, property lines, and corners of the property accurately.
This survey is commonly used in real estate transactions, dispute resolution, and building structures near property lines. Thus, a boundary survey is important for a clear understanding of what is land survey.
This type of land survey ensures whether a construction project is proceeding or is completed as per the approved layout. Furthermore, As-built survey is mostly used by local government bodies to ensure the construction process aligns with building permits.
The hydrographic method is another procedure to survey land that is worth mentioning among its important types.
The purpose of a hydrographic survey is to study water bodies in the given map which includes rivers, lakes, and even oceans. This type of survey is crucial for marine navigation and the determination of the depth of water necessary for the construction of bridges and dredging requirements.
In today’s time of consistent climate change, environmental survey is necessary type to consider while discussing what is land survey for investment purposes.
The main role of this land survey is to focus on the land’s impact on today’s environment. For instance, it determines whether the land helps sustain a wetland, forest, or vegetation zone.
Under the types of land surveys, this is the most important type for investors planning to purchase land on mortgage. This survey ensures that your shortlisted property does not carry any pending legal or taxation liabilities. The presence of such encroachments in its background poses a hurdle during the mortgage application process.
For a detailed understanding of what is land survey, you must also be aware of why do you need the same before planning any land investment. Land surveys are an essential step that can be used for various purposes, such as:
When reviewing a land survey, you’ll want to focus on several key elements to ensure you have a clear understanding of the property boundaries, legal descriptions, and potential issues. Here’s what to look for while considering the benefits of what is land survey for your next real estate investment:
1. Property Boundaries:
2. Legal Descriptions:
3. Zoning and Land Use:
4. Topography:
5. Utilities and Infrastructure:
6. Potential Environmental Concerns:
7. Surveyor’s Certifications:
8. Title and Deed Information:
By reviewing these elements closely, you can ensure that the land survey provides a clear and accurate representation of the property you’re considering purchasing. You can also opt for a professional assistance to ensure accuracy and make an informed decision.
While browsing into land surveys and its importance for investment procedures, wondering how much land survey costs is imperative.
While the cost of a land survey varies by the size and complexity of the plot, in general, the price can range from as low as $200 for a simple one-side boundary marking to well over $1,000 for a full property survey. On this note, the worth of what is land survey is subjective and depends on your land properties and size.
To conclude, this is everything you must know on what is land survey and its importance for land investments. Surveying a land will assist you in gaining thorough knowledge on the land’s properties, flaws, long-term perks and long-term liabilities. With these points, you can conduct a comparative analysis between properties to know which land for sale is the perfect fit for your land investment goals.
To find a professional and licensed surveyor, check out the National Society of Professional Surveyors, which lists members who must adhere to a certain level of education and ethics.