The land I’m looking at is a relatively small (.18 acre) lot in the city. It is vacant now, but at some point after 1937, there was a duplex on the property. I think it must have been demolished sometime in the mid 80s.
Talking with the architect, he said that we can assume there could be foundation still underground and that the soil is most certainly going to have heavy metals in it, as that’s the nature of almost all the land around here due to historical pollution and old housing stock.
Talking with a builder, he said that either way they will do soil tests and that it’s not really a significant problem in that part of town.
The area is zoned for residential and the setbacks won’t be any problem. Houses up and down the street for blocks in each direction.
Currently getting ballpark figures from some builders just to make sure I am within a reasonable range of expectations on construction costs. Thus far they are saying my budget would be very healthy for what we want.
So, what am I missing? As you can tell from previous posts, I’m looking for the blind spots. Is there something else I really need to make sure of before putting in an offer on this land? We like the property and we like the area. We think it’s going to only improve in the next decade and my wife already lived a couple blocks from there before we met and she has only fond memories.