How Much Does It Cost To Divide Land?
Hello everyone, this is Brad from North Georgia Land Buyers and Arbor View Properties.
At North Georgia Land Buyers, we specialize in real estate solutions, focusing specifically on land and properties. As an experienced investor and developer, I have been in this business for several years. We purchase properties directly from sellers like you. Additionally, I am a licensed real estate agent in Georgia, working with OneSource out of Woodstock, and I am currently studying to obtain my broker’s license.
Today, I want to discuss the process of dividing property. I have experience in this area, particularly with subdivisions. It’s important to note that there are costs associated with dividing land. I’ve created another video that outlines the process of dividing your land for sale, so be sure to check that out.
Hiring A Surveyor
When dividing property, one key expense you’ll incur is hiring a surveyor to assist you.
A surveyor will be responsible for creating the proposed plats for your property. They will survey the entire existing parcel and divide it into sections, documenting all the necessary distances and details.
The surveyor must also sign and certify that the survey is valid. It’s essential to hire a surveyor for this task, as they will prepare all the documentation needed for submission to your county’s zoning office or relevant local authority.
You will need to compensate the surveyor for their work. As for the cost, you can expect to spend at least $2,000 for a small property division.
Think Small, Sell Big
However, prices can vary widely, ranging from $2,000 to tens of thousands of dollars, depending on the size of the property and the extent of the work required. It’s important to budget for this expense, as it can add up quickly. That said, there can be financial benefits to subdividing your property. Sometimes, you may be able to earn more by selling multiple smaller parcels than by selling the entire property as a whole. For instance, at a grocery store, I might prefer to buy a slice of cheesecake instead of an entire pie because I know I won’t be able to finish a whole pie. This mindset can apply to real estate as well—some buyers might only want a smaller piece of property rather than the entire parcel.
Sometimes, people may not have the appetite to buy an entire property, but if you can sell them a portion of it, you could end up making more money overall.
The total value of the individual parts can exceed that of the whole. This principle is why real estate developers are often profitable: they invest time and resources into acquiring large pieces of land, then subdivide and improve them. They enhance the properties by securing utility access, such as water, electricity, and internet services. They might also perform grading work, and install streets, sidewalks, and streetlights. By making these improvements, they create more appealing options for potential buyers who may not be able to afford to purchase an entire property but can manage to buy a smaller piece. Although the initial investment can be significant, doing this can lead to greater returns on the land.
For a very small lot, basic surveying costs can start at around $2,000, while larger parcels could cost tens of thousands, reflecting the extensive work involved. If you’re interested in pursuing this option, I can refer you to some surveyors we work with. Just let us know, and we’d be happy to help you connect with them.
Connect With Us
If you’re considering selling your property but feel overwhelmed, perhaps you might think about selling the entire thing to a company that can handle it all. At North Georgia Land Buyers, we are happy to make you an offer.
You can visit our website at northgeorgialandbuyers.com, where you’ll find a form to fill out. There’s also a link in the description below that will take you directly to our site. Simply complete the form and click submit, and a member of our team will reach out to you as soon as possible.
From there, we will assess your property to determine if it’s a viable option for us and make you an offer. If you like our offer, that’s great! We can proceed to close the deal and purchase your property. If not, no worries—there’s no obligation.
Additionally, I am a licensed real estate agent. If you don’t already have an agent and are interested in that route—maybe you want someone to list your property for sale—I would be happy to discuss that with you as well.
I’m Brad with North Georgia Land Buyers. Don’t forget to check out our other videos on our YouTube channel, and visit North Georgia Land Buyers to find additional resources that may answer your questions.
Thank you for checking out this video.