How To Subdivide Property With Pictures
When the land is subdivided into more than one lot, each lot is then sold to one or more buyers. This is more profitable than keeping the property as one residential unit. Smaller residential lots may be easier to sell than larger pieces of land. This increases the overall value of the land. Other factors that complicate subdivision of property include whether the lot fronts an existing public road and whether you intend to build new roads, utilities and other infrastructure....