Having a creek on a property can be a problem and a huge challenge. A lot of the time landowners don’t understand the impact on their property and land use. Depending on the position of the creek on the property, whether there are fish and certain ecosystems, the required setbacks between the creek and future constructions can vary greatly or even not exist.
If a landowner is trying to sell a property that has a watercourse, it can be an incredibly challenging process because it is difficult to understand the net area and the usable land. The potential buyer will try to pay less for the property because of the lack of clarity of usable land. Being a property owner, you would want to maximize your dollar value and you would not want to feel bad if the buyer is successful in changing the classification of the water course to a minimum setback or removing the watercourse after the purchase of your property.
On the other hand, a lot of times we have seen landowners working by themselves, hiring environmental consultants to try to understand the classification of the watercourse, and trying to change the classification of the water course. This step is good, but the environmental consultant is not a developer.
To get better use of the property, landowners need help or partnership with someone who understands the full development process, from the preliminary feasibility study to the environmental, real estate market trends and demands. Having a land development specialist working together from the beginning is very important to keep the cost low and create a financially rewarding product in the current market, and work in the best way with the city and various other departments to make the best use of the land.
That’s why at Landpro we work with the best professionals available in different fields to make sure we create the maximum usable area and best use of one property. We try to get extra density from the municipal government if a large area of the property is affected by the watercourse, so the loss of the area does not affect as much to the landowner’s property value. In some cases, we can also try relocating the watercourse or putting in a pipe.
If you have a property with a watercourse and would like to know how we can help you, please contact us without any commitment and we will explain better how we can work together and help you to have the best value for your land.
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