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Historically, most homes in Montana were custom-built.” Population centers like Bozeman and Billings may have more tract homes, but that is a relatively recent development, DeWolf explained. Many people buy manufactured homes, put them on a foundation, but never de-title them,” he said. “Montana is the complete reverse.
This series will look at locating the right land; navigating through the purchasing process; engaging a lender to finance the purchase; developing the land in compliance with federal, state and local laws; and re-selling the improved property at the right time. Any easements to worry about? Access is a big issue for home buyers.
Any existing easements or zoning issues. Location: How well does the home fit in with the surrounding neighbourhood? Local amenities – how close is the home to hospitals, schools, shops and public transport corridors? Size of home and number of rooms. Future potential for development of the home.
Another measure of value -- land values, not homevalues -- is information derived from a raw land appraisal. Factors that affect sales price were noted in the previous installment: the presence of easements; distance to utility connections; and environmental circumstances, for example.
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