What You Should Consider When Purchasing Homesites in Lakeway

Buying a homesite in Lakeway is a major decision that represents a huge investment of time, money and effort. It's crucial to get it right. After all, you'll be building your dream home there and calling it home for a long time. Selecting a homesite can be stressful, but it's a great opportunity to get precisely what you want. Stunning homesites are available at many luxury communities in Austin. At Spanish Oaks, for instance, you can take your pick from nearly 30 expansive sites. Because a homesite is such a huge investment, it's crucial to take plenty of things into consideration before pulling the trigger.

How can you tell if you've found the right homesite? A few things to keep in mind include:

• Deed Restrictions and Covenants - Nothing is worse than buying a homesite and finding out much later that there are restrictions on what you can build and how you can use the land. This issue can be avoided by hiring a skilled real estate attorney, who can then investigate land records to ensure that there won't be any unhappy surprises. An even better idea is to look at homesites in luxury communities in Austin. People often choose to build luxury homes in Austin in exclusive communities that already have homesites mapped out and ready to go. Because these homesites have been designed by a builder, the land has already been investigated and there shouldn't be issues concerning covenants or deed restrictions.
• Scenery - Getting a great deal on a homesite is nice, but it's not worth it if it means having an uninspiring view. Texas Hill Country abounds with amazing landscapes and gorgeous vegetation, so why settle for less? At this very moment, there are homesites that are situated in some of the most scenic parts of the area. For example, homesites at Spanish Oaks are positioned along Barton Creek Preserve, which features a pristine, natural setting. Wouldn't you rather gaze out at rolling hills and other fine views than a row of houses or a vacant lot?
• Water and Sewer - Some homesites are built to have access to public water and sewer services. If you buy a site that doesn't include this access, you will have to arrange for a well and possibly a septic tank as well. These are the kinds of details that are occasionally overlooked, and buyers are thrown for a loop upon learning that extra charges are heading their way. One of the first things you should do when considering a homesite is to find out whether the site includes access to public sewer and water services. By getting that detail out of the way early, you'll have a better idea of what to expect.



• Financing - Financing tends to be more complicated when buying a homesite and building a home. It's sometimes possible to arrange a single loan for everything, but it's more common to get a loan for the site itself and another one for the house. If you're in a position to pay cash, you can probably enjoy a pretty nice discount. If a loan is needed, a sizable down payment will probably be required. In most cases, it will be around 25 percent of the total cost of the site.
• Approved Site Locations - Always find out right away whether you're dealing with an approved site location or not. All too often, people fall in love with land and find out that it's not zoned for residential use. Other restrictions may apply to the land too, and it's crucial to find out about them before getting your heart set on anything. If you're interested in luxury homes in Austin, it's a lot better to stick with communities that have homesites ready to go. These sites have already been approved, so there's no risk of being unpleasantly surprised later.
• Lot Size - Most people who build custom homes on homesites in Austin and Lakeway prefer to do so on sizable lots. If you're concerned about caring for a huge amount of land, lots that are an acre or two in size should be just right. Even if you buy a three-acre lot, you'll be pleasantly surprised by how easy it is to manage. One of the top benefits of having a spacious lot is the privacy that it affords you. Some of the best luxury communities in Austin offer large homesites that give homeowners all the privacy they need.

You certainly have options when it comes to buying homesites in Lakeway and elsewhere in the Austin area. If you'd like to avoid the hassle of doing huge amounts of research, you should consider purchasing a homesite at a gated community like Spanish Oaks. You will enjoy the benefits of buying a site that has already been planned out in advance. These homesites are also located in nice communities that include exciting amenities and features. You'll still have a sizable lot, so you won't be rubbing elbows with the neighbors. Striking the right balance is crucial, and that's easier to do when you choose the right homesite.