03-19-2019, 12:39 PM
I almost put this in another thread but realized it really deserves it's own.
If a person owns three side-by-side spag lots (house in center lot) what are the pros and cons of trying to get them rezoned into a single 9 acre lot?
A few I've thought of:
Property tax implication, however I don't know if this would be a pro or a con (would total taxes be more or less?)
Inability to sell one or two of the vacant lots if money needed later (con).
Higher resale value of house lot. May not be a pro (1 large house lot may be worth total less value than 3 separate lots, however one can get a mortgage on 1 large lot with a house, cannot get a mortgage on vacant land) Pro or con?
Having to deal with county frustration and expense for rezoning attempt (definite, huge, frustrating con).
Greater flexibility with AG operations if county ever decides to enforce rules regarding housing livestock distance to property line (current AG operations on properties) PRO.
Potential reduction in association road fees, depending on future by-laws or legal decision (PRO).
Consolidated properties have legal access to center lot power and cesspool(?) Pro. I mean, not really in our configuration but maybe?
As usual, any ideas/brainstorming, even thread hijacks or random haikus are welcome and encouraged.
As if that wasn't enough... what about...
Basically a spag lot is 9 times longer than it is wide. 3 lots together are 3 times longer than they are wide. What about rezoning the property into two lots? (Flag lot in the back). Two 4.5 acre lots. It would allow half the property to be sold at a later date (if chosen to do so) but also maintain a privacy buffer around the homes, and each lot would have more square geometry.
If a person owns three side-by-side spag lots (house in center lot) what are the pros and cons of trying to get them rezoned into a single 9 acre lot?
A few I've thought of:
Property tax implication, however I don't know if this would be a pro or a con (would total taxes be more or less?)
Inability to sell one or two of the vacant lots if money needed later (con).
Higher resale value of house lot. May not be a pro (1 large house lot may be worth total less value than 3 separate lots, however one can get a mortgage on 1 large lot with a house, cannot get a mortgage on vacant land) Pro or con?
Having to deal with county frustration and expense for rezoning attempt (definite, huge, frustrating con).
Greater flexibility with AG operations if county ever decides to enforce rules regarding housing livestock distance to property line (current AG operations on properties) PRO.
Potential reduction in association road fees, depending on future by-laws or legal decision (PRO).
Consolidated properties have legal access to center lot power and cesspool(?) Pro. I mean, not really in our configuration but maybe?
As usual, any ideas/brainstorming, even thread hijacks or random haikus are welcome and encouraged.
As if that wasn't enough... what about...
Basically a spag lot is 9 times longer than it is wide. 3 lots together are 3 times longer than they are wide. What about rezoning the property into two lots? (Flag lot in the back). Two 4.5 acre lots. It would allow half the property to be sold at a later date (if chosen to do so) but also maintain a privacy buffer around the homes, and each lot would have more square geometry.