As a buyer or property developer, you will know the importance of ensuring the property is problem-free. To know this, you require as much information as physically possible about the land so that no issues arise in the near future.
This information is gathered through the likes of cadastral land surveying and other subvarients, ensuring that you are well aware of the boundaries, any environmental issues, any easements attributed to the land and more.
With this in mind, let’s find out the five imperative benefits of this age-old vocation:
- They can help avoid boundary disputes
Any buyer or developer who has experienced a boundary dispute can testify to their nuisance. A neighbour challenging the property lines can be a costly and frustrating dispute, and one that could honestly be avoided in the first place with the help of this vital service.
Otherwise, you might experience a halt to buying or developing on the property, with both circumstances being a tedious experience. Your construction team may have to start on another job whilst you await the dispute’s outcome, and this can stop you from moving into the property or make you lose income on a commercial development.
- Land surveying can identify environmental problems
It is vital to identify any potential environmental problems before you buy or develop on a piece of land. You might find that a particular area is susceptible to summer flooding, something which could impede (or ruin) your plans for that particular part of the property.
Unfortunately, Australia’s climatic extremes are becoming more so, and it’s important to understand the threats that the region’s general climate pose to the property as well as any specific geographical concerns attributed to the property.
- Discover any land easements
An easement is a pre-made agreement between two land owning parties that allow one party to use the other’s property in exchange for a fee. For example, one property owner might pay their neighbour to use a stretch of road on their neighbour’s land to reach their own property.
Easements can typically be transferred over to the new property owner, and whilst this may earn you some extra money, it may not work in your favour if you want to develop in the area surrounding the easement’s application. In this way, a survey can help you further understand the easement’s nature and geographical understanding.
- Receiving an accurate land valuation
A land survey can potentially help you leverage a better negotiation position. For example, if the work returns information regarding an issue with the property, such as an environmental problem, you may be able to use this information to negotiate a better deal with the current property owner.
For this, it is important to fully understand any current or potential defects with the property so that you don’t find yourself paying too much money for a property that may not be worth that amount.
- They will help you know the best spot to build
A land surveying can help you choose the best spot to build on your property. They can help you understand the topography and terrain so that you can make an informed decision of where to build on the land, as well as a discerning decision against the wrong place. What’s more, they can help identify property utilities which can further assist with your decision on the best spot to build on the property.