Many people in Southwest Florida want to own property and a dream home. According to the 2022 census, Fort Myers has become America’s sixth fastest-growing city. With such a large influx in population, the availability of lots to build your dream home is diminishing; over the past year, over 150 empty lots have been sold in Cape Coral alone. Demand for these properties will continue to increase as the population of Southwest Florida continues to grow.
As demand for the lots increases, the price will continue to increase with demand. Therefore, there has never been a better time to take advantage of this finite resource in Southwest Florida. There are many reasons it is beneficial to buy an empty lot and build on it. These benefits include:
Higher Return on Investment
- Buying an empty lot and building your dream home on top results in a property value increase due to the many improvements, including a house, water system, landscaping, and other amenities.
Affordability
- Purchasing developed land can come with fees and property taxes at the time of purchase. On the other hand, vacant lots have lower costs and taxes at the time of sale.
Freedom of Use
- Owning your own piece of land allows you the freedom to build the home of your dreams without remodeling or incurring the cost to tear down the house, to simply build another.
And, of course, there are still many other benefits to building a home on a vacant lot. The only other question is, “Who’s going to build on my lot?” The answer is simple, trust RP Home Construction to build your dream home.
RP Home Construction has years of experience building custom homes, model homes, and doing home renovations in Southwest Florida. Feel at ease knowing you made a good investment and chose the right team to make your dreams a reality. Contact our team of experts today if you’re ready to make a wise investment and build your dream home.