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Real Estate Tips
Buying Land and New Construction >What About the Water

If you are considering buying acreage, your real estate agent will probably supply you with basic information about the soil quality, zoning and property boundaries. Whether you intend to build a vacation home or a working horse ranch, you'll also need to know about the water quality and quantity.

If the land is not in an area where water is supplied and tested by a municipal water system, you will need to drill a well for drinking water even if the land has surface sources that provide water for irrigation. Instead of paying monthly water bills, you'll be investing a substantial sum to drill the well and maintain it over time. Contact the county water department to determine how many gallons per minute you and your family (or agricultural business) will require. Talk to the neighbors to find out how long it actually takes to obtain permits to drill for water in that area, and get estimates from local companies on drilling costs.

With a little detective work and help from your agent you can discover any local problems with contamination of the water supply due to toxic substances. Surface waters such as streams, ponds or lakes may be considered public property, and may require you to obtain a water use permit from the state in order to dam a creek or pump water from a supply that sits on your land.

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Real Estate Trivia
Q 
Where will you find the world's largest indoor waterfall?

A 
The lobby of the International Center in Detroit, Michigan has a waterfall of 114 feet, backed by 9,000 square feet of marble.
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Peoples Real Estate Team, REALTOR®, real estate agent and broker for Norman, Oklahoma City and Edmond, Oklahoma home listings, property and land for sale - NUMBER1EXPERT(tm)

Peoples Real Estate Team
Keller Williams Realty

905- 24th Ave NW, Suite A
Norman, OK 73069
Cell: 405-245-9856
Fax: 405-364-0142
Office: 405-329-6976
devriepeoples@NUMBER1EXPERT.com

We are a team of dedicated,full-time professionals ready to assist you with purchasing or selling your most important possession-your home. We look forward to the opportunity to be of service to you.

CRSGRI


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