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‘All our dreams are out of the window’: This Florida couple paid $350K for an empty lot to build 3 houses on — only to discover their land was ‘unbuildable’ due to 1 undisclosed problem
The common usage of this term implies that swampland is worthless. Without development or some ability to develop it, it is not valuable for real estate purposes. There have been cases that swampland was purchased and turned into very valuable property, notably for the creation of Walt Disney World and also to some extent including many developed lands in Florida.
Exclusionary zoning is the use of zoning ordinances to exclude certain types of land uses from a given community, especially to regulate racial and economic diversity. [1] In the United States, exclusionary zoning ordinances are standard in almost all communities.
A special assessment district (S.A.D.) is a geographic area in which the market value of real estate is enhanced due to the influence of a public improvement and in which a tax is apportioned to recover the costs of the public improvement.
The development, on what was previously considered an "unbuildable" lot, received conditional approval for a water hookup. The development, on what was previously considered an "unbuildable" lot ...
As an example, an old, run-down, single family home on a typical lot in Washington, DC, would sell for about $1 million, but if it were legal for a developer to build a three-story, six unit condominium building on that lot, those units would sell for about $600,000; which is 40% less per unit and 500% more units.
The Rockland ZBA closed the public hearing on a Chapter 40B project on the 'unbuildable' lot at 320 Concord St., after getting an agreement on height.
The lot and block survey system is a method used in the United States and Canada to locate and identify land, particularly for lots in densely populated metropolitan areas, suburban areas and exurbs. It is sometimes referred to as the recorded plat survey system or the recorded map survey system .