If you own property, you should consider turning it into cash by having it developed and selling the individual lots. While it may take an initial investment to ensure that all of the proper utilities are in place, you can turn your piece of investment property into a cash producing housing development. While it may be appealing to do this on your own in order to maximize on the profit you can make, Land Development in New Orleans takes a great deal of work and planning, and if you don’t have the knowledge it could wind up costing you more than paying a professional to help you through the process.
The following are a few benefits to hiring a civil engineer to make your development project easy to manage and accomplish. ZoningYou will need to have your property zoned for residential purposes and have each lot that you want to create surveyed and filed with the register of deeds in your local area. Without the proper zoning and surveying, you will not be able to sell the lots. Make sure you follow all of the local laws in your area so you know won’t be hit with unexpected legal issues in the future.
PermitsAll of the work your do on the land will require a permit. No matter the size of your project, it is important that your local government is aware of the project and approves you to make the upgrades on the property. Obtaining permits for Land Development in New Orleans can be a lot of work, but a knowledgeable resource can make it go much smoother and expedite the process.UtilitiesYou won’t be able to sell the lots until you have all of the proper utilities in place. This includes electric, water, sanitary sewer and natural gas if you choose to provide it. this is expensive and requires a great deal of earth moving and organization. Let a civil engineer arrange all of this for you and work with the utility companies to help install the infrastructure according to their codes.
If you are ready to make the most of your LA property and turn it into cash, contact Oneal-Bond Engineering, Inc. They will be with you from conception to completion and help you turn your property into a desirable community. Call them today to learn more about the process and turn your land into income for you and your family.
