What you Need to Know about Buying Land in Oregon

Are you considering buying land to build your perfect home? If so, the Pacific Northwest, particularly the great state of Oregon, is the place to look.

If you’re ready to own land in Oregon, you’ve come to the right place. We’ll give you all the information you need to make a sound decision so you can get the piece of Oregon land you want. Then, you can start building your brand-new custom home.

Let True Built Home Construct Your Custom-Built Dream Home in Oregon

Here at True Built Home, our first and foremost priority is superior products. Other home builders tend to focus on overselling and advertising model homes with tons of upgrades and then only list the bare-bones starting price. However, at True Built Home, we focus on providing value and durability in custom homes of exceptional quality. 

We do this by implementing our comprehensive design process, sticking to our high standards, and giving our clients tons of luxury features standard in their new home. We offer over 50 custom home plans that cater to just about any need.

8 Guidelines for Buying Oregon Land

When it comes to finding Oregon real estate for sale that you can build a house on, it’s crucial to keep these eight guidelines in mind.

  1. Decide What Needs and Goals You Have

The first is to determine the exact needs and goals of your new property. For example, do you want to look in rural areas and the countryside or do you have an interest in being relatively close to one of the major cities like Portland? Some areas may also vary in cost when it comes to building a home.

Take the time to do some research and contact a few local experts. When you can eliminate areas with deal-breaking characteristics, it’s much easier to find that perfect piece of land for sale.

  1. Create and Stick to a Budget

The next step is to create and stick to a budget. If you’re spending time dreaming about land for sale that you simply can’t afford, you’ll only feel disappointment in the end. However, by creating a budget and sticking to it, you can find land prices that are in your range and a great piece of property that will easily support your home.

  1. Have Realistic Expectations

Many people get excited when they have high hopes for finding the perfect piece of property. We hate to admit it, but there’s no such thing as the “perfect property.”

Don’t waste time passing up a good piece of land at a low price because you may not get the opportunity again. Somebody else could snatch it up, and you’d be at a loss. Then, you could be forced to consider properties that you didn’t originally want.

  1. Don’t Listen to the Peanut Gallery

There’s no denying that family and friends love to share their two cents. However, keep in mind they aren’t the ones forking over the down payment, and they aren’t the ones building a forever home.

Stay true to your convictions and don’t pay too much attention to the people who claim to know better because they want to share every opinion they have. Otherwise, you might end up making a decision you regret.

  1. Always Do Business with a Reputable Company

Working with a business that has a bad reputation is never a good idea. With True Built Homes, you can trust that you’re getting the best value for your money, incredibly high quality, and our years of experience, which is why we have such a strong reputation.

Providing extraordinary quality is our number one priority. If you contact and eventually hire a low-quality contractor, you’ll inevitably wind up with inferior work, an unsafe house, or lots of additional costs and headaches.

  1. Don’t Buy Land Without Title Insurance and an Official Deed

The only way you should ever buy real estate is with a legal deed and title insurance. Avoid land contract listings, which are property types that only give you the “rights” to the land. Once you sign, you are responsible for the sales tax and for making monthly payments, but you don’t actually own the property until years later when you pay off the loan.

Instead, you need to receive a clear title to ensure that the seller has the right to sell you the property and that you can legally purchase it. Of course, the first step is to contact professional realtors and get a legal deed when purchasing the property. It should assert you as the legal owner.

  1. Investigate Oregon Zoning and Bylaws Before You Purchase

You need to consider local zoning ordinances and bylaws, which can significantly affect how you can build on your property. Contact the local government municipality and find out everything you need to know.

For example, if you want to build an ADU on your new property, make sure that the local laws and zoning allow for this type of home. Otherwise, you could end up with a nasty surprise.

  1. Have the Nerve to Take Action

When it comes to the real estate market, you’ve got to take action. If you want a specific piece of land, go after it. If you save enough money and want to buy a piece of property, you should follow through with your conviction.

Whether you want your Oregon land to be located in the country, right next to the Oregon coast, or even by one of the major cities, find the land for sale you want and take the steps necessary to get it.

People Also Ask…

How much is an acre of land in Oregon?

According to Landflip.com, the average median cost for an acre of land in Oregon is about $2000. However, acre price varies based on many factors, including whether the location is closer to the city or the country, whether it has electricity access and road access, and whether it’s approved for septic or has a well or full-time water source.

What do I need to know about buying land in Oregon?

First, you should save as much money as you can. Then, spend time visiting your parcel, researching local Oregon zoning laws, and ensuring that the owner can legally sell you the property. Finally, get an official deed and contact a real estate agent to take care of the legal side of things and the documents.

Is it worth it to buy land in Oregon?

Yes, it’s worth it. Oregon is in the beautiful Pacific Northwest, which is one of the most highly sought-after places to live in the country. In fact, Oregon has something for everyone: bustling cities like Portland, tons of rural countryside, national parks, mountains, and more.

Is land expensive in Oregon?

According to Landwatch.com, the average cost of real estate in Oregon is around $747,451. However, that also includes listings like farms and ranches. For example, property with large acreage and better features will be more expensive than those with only one or two acres. Any property that’s close to a major city like Portland will also cost more. However, there is plenty of cheap land for sale in Oregon.

Contact the Professionals at True Built Home

Here at True Built Home, we have the skills and experience it takes to be the leading choice for custom-built homes here in Oregon. Contact the experts at True Built Home to learn more about how purchasing land in advance can help you get the custom dream house that you’ve always wanted.

Like this article?

Share on Facebook
Share on Twitter
Share on Pinterest
Share via Email

Contact Us To Build

Thinking about building a home? Fill out the form below to see if we can build in your area.


Search

Connect: