Anyone who owns building lots and aspires to start a residential land development project must decide what type of homes they will build on their land before the building actually begins.
Residential land development services must begin with an idea and then assess zoning and the suitability of a piece of land for a specific purpose.
Noting this, these are the 5 types of housing that a residential land development company can consider building according to local ordinances and of course, community needs.
- Detached Single-Family Homes - Single-family homes that are unattached to any other structure, these houses are built typically to include a front and backyard, many have driveways, and they offer the highest level of privacy in that there is space between the houses on a street. These are most common in more suburban and rural areas where individual lots that provide separation and privacy are desirable.
- Semi-Detached Single-Family Homes - Residential land developers interested in building more residences in a suburban or urban setting might choose semi-detached homes, also known as duplexes, which are two private residences that share a single wall in the middle, so there is only one structure. Duplexes make building two residences easier and more affordable, but there are certain drawbacks connected to them, such as the need for both owners to invest collectively in certain repairs and improvements.
- Townhomes - Townhomes are single-family dwellings that are attached on either side to other single-family dwellings, which are also more commonly found in urban settings. These properties may be sold individually as a freehold, where owners have complete control over the appearance of their townhomes, or in the same fashion that condos are sold, where the dwelling must adhere to the local association’s rules.
- Multi-Family Residential Housing - Larger buildings that are divided into multiple apartments or condos are considered multi-unit housing, an option that many residential land development companies frequently build as rental properties, though many people do own their condos.
- Manufactured Homes - Mobile homes and other pre-fabricated housing are produced in factories, then installed onsite on leased lots in mobile home parks or on privately owned lots that have been through residential land development and foundation construction specifically for these types of homes.
With so many options for landowners starting a residential land development project to consider, it is important to discuss wants and needs for the land with an experienced residential land development company first.
Whether the home is for the landowner or they wish to use it to build investment properties, experienced residential land development services that can assist them through the process, no matter what types of homes they build, are essential.
Meet with a land development expert to consider the options, then get started on the right foot with any home-building project.