What to keep in mind when buying land in Colorado
With options available from multi-million-dollar homes to small ski condos, there is something for every buyer in Steamboat Springs. For some, though, the ultimate dream is owning a piece of mountain land and building a home from the ground up.
If you are thinking about buying a piece of land in Colorado, keep in mind these tips and questions:
Zoning
Before you buy any land, check the zoning requirements. Those will outline what you will be able to build on each parcel of land. Near Steamboat, zoning information can be found through Routt County or the City of Steamboat Springs. Your real estate agent can also help you identify zoning requirements for each property you view.
Water
Where will your water come from? Some properties will require a well, while others will connect to a community system. Both have associated permits and fees.
Electricity and gas
Will you need to install a propane tank? Are you able to connect to the electrical grid? Understand the options, requirements and costs before buying the land.
Sewer
An established subdivision might have a sewer system available for the property, but many landowners need to install a septic system. If you need a septic system, it's a good idea to have a percolation test (aka perk test) done to ensure the land is suited for the system.
Architecture
Does your target area have an HOA or council that must approve building designs?
Road concerns
What kind of access will you have to your land? Will you need to maintain the road yourself, or does the county or city maintain it? What about snow removal?
Fire hazards
In mountain areas, fire danger mitigation is a big concern. Know your responsibilities as a landowner and how you can protect your home.
Taxes
Vacant land is taxed at a higher rate in Colorado than improved, residential property. Check with the county assessor's office for tax details or ask your real estate agent.
It is important to work with a general contractor who is skilled not only at building homes, but who knows the local zoning and permitting laws. In addition, a skilled real estate agent can help you find the right piece of land for you and help educate you on the details of each property.
To search for available land in Steamboat Springs and surrounding areas, take a look at our listings. Please contact us using the form below for more details on buying land and building your dream home in the Colorado mountains.