Re: Anyone Bought a Piece of Land and Built it For yourself?
It all depends on the area, but here there aren't a lot of costs associated with the buyer. The buyer must get a building permit - which may or may not contain the service hookups (gas, electric, water). There are costs associated with a well, however, if municipal water is not available. You must get someone to 'witch' the well, drill the well and plumb it. Some companies will do all of it, sometimes you get a professional water witch to find a spot to drill, then hire a drilling company. Many times the drillers wil plumb it, though. Then you need a pump and the plumbing to the house.
All in all, it isn't too expensive considering.
Just for an example, I am going through the process of selling off some of our land. We have to pay all the back taxes to the county to bring it from 'green belt' land - which is taxed at a much lower rate - to residential land. Then, we have to get a survey done showing the 'subsdivision', attend city council meetings for zoning and pay fees to annex it into the city. Oh, we also have to give up water shares. Once all the taxes are paid and the city gets their cut, we can sell the property off.
When the buyer goes to the city to build a home on the property, they pay for a $10K building permit which includes services hookups and all inspections.
The city has water and sewer in the area where our property is at now, so no well drilling is required, but my sister-in-law, whose property is adjacent to ours, built a few years back before the city had water out that far. They had to drill, and the costs are fairly even with the city's water hookup portion.
Probably didn't answer your questions exactly, but it depends on your county's laws.