The scarcity of Northwestern Wisconsin homes for sale has some buyers looking at vacant land with the intention of building on it in the future. Great idea! There are 3 basic types of land you’ll want to know about.
Raw land is the least expensive to purchase, but it can be difficult to finance. “Raw” means the parcel does not have nearby utilities, and it may be distant from a major road. The land may or may not have a suitable building site. Raw land in Wisconsin is often sought for hunting and recreation, or for timber production.
Unimproved land is a step up from raw land. It tends to have better road access and nearby utility service. The parcel itself may still require clearing for a building site and a good deal of pre-construction work. If you’re looking for affordable Wisconsin waterfront or water-access property, parcels like this can be a great find.
Improved land is generally “ready” for development. It may offer a cleared building site and utility hookups. A soil test may be on file and a rough driveway may already be present. Improved land is the most expensive land to buy, but it’s easier to finance.
These are general definitions, and what qualifies as “improved” is in the eye of the beholder. Remember that the more work a parcel needs to support a home site, the more expensive and time-consuming the pre-construction phase will be!
Let us help you find and evaluate Northwestern Wisconsin land for sale! We can refer you to local lenders who offer financing for land purchases. Six Lakes Realty is a locally-owned family business with over 40 years of experience. Our friendly, hometown service is just a call away!
John Flor CRS, GRI, ABR, RSPS, RRS, e-PRO
Team Lead / Property Marketing Specialist
Six Lakes Realty powered by Keller Williams Realty Diversified
Office: (715) 924-4806