The Hidden Costs Of Infrastructure Fees

When looking for the best lots for sale North Liberty has to offer, you need to make sure you don't fall victim to hidden infrastructure fees. These fees add extra cost to your property, particularly if it lacks any. The following types of fees are what you can expect and each will come with a cost range to give you an idea of how much to expect.

Electricity

Obviously, you can't build anything on a vacant lot that has no electricity. If your lot lacks this service, expect to pay a couple hundred dollars to get it hooked up. It might cost more if an extra pole has to be put up to deliver electricity to the lot. Thankfully, most of the best lots for sale North Liberty has to offer should have poles near them.

Sewer

If for some reason your lot is not hooked up to the town's sewage system, you might end up paying $500 to $1,000 to get it hooked up. This extra cost comes because there may be a need to adds pipes and other plumbing elements to the lot. If there is already plumbing units available on the lot, you are likely only going to have to pay a few hundred dollars.

Water

Sewage fees and water fees are going to be separate when buying a new lot. As a result, you're likely to pay anywhere from $200 to $1,000 to get these extra services added to your lot. The low price is what it is likely to cost if you already have pipes in place in the lot. However, installing new pipes will add a lot of extra money to this process.

Telephone

If you plan on adding any kind of building to your lot, you'll need to add telephone lines. These will also let you add internet and even fax service to the lot. Expect a cost of at least $100 to $300, depending on whether or not a new pole needs to be added and how much wire must be used.

Talk To Your Agent About These Fees

While these fees shouldn't add more than $2,000 to $5,000 to the cost of your lot, there is a chance that they could add more. That's why it is essential to talk to a real estate agent about them as soon as possible. They will help to streamline your hookup and make your lot a great place to build a home, apartment, or business building.