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Of course, you don’t want to buy just any lot. You want a lot that meets your desires and will retain its value, if not appreciate.

Several criteria can affect the sales price of different properties both today and when your house is finished. Picking the right lot is just like picking a finished house. Factors such as location and amenities can make a lot undesirable. If a lot is undesirable to you, it may be undesirable to others as well, which can have an effect on the marketability of the property and, ultimately, the resale value. You need to consider many factors when deciding on the right location for your lot.

The following sections contain some questions to ask yourself. When answering them, take into account not only your own lifestyle, but also the factors that will impact your ability to resell the finished house. Use this checklist when searching for the right neighborhood, as well as when evaluating a prospective lot for sale.