The increasingly beautiful weather makes many people dream of a homestead. However, when you decide to buy a homestead in Lithuania, you may face several potential difficulties. Region, homestead condition, financial obligations and other factors. After all, when you are fascinated by nature, you can forget to find out how drinking water is supplied to the homestead? Will it be necessary to dig a borehole or a well, or perhaps a sewage treatment plant? Let's discuss some of the most common difficulties faced by settlers that you can prepare for in advance.
Financial issues. How to calculate the budget?
Anyone who has encountered construction can confirm that it is worth turning to… psychics when it comes to construction budget issues! Because some decisions or unexpected turns can determine the sudden need for work or additional measures.
However, realistically, we can divide the budget into two parts. This will be the purchase price of the object and additional costs.
Homestead prices may vary depending on the region, condition and other factors. Finding a homestead that fits your budget can be difficult. Quarantine and the possibilities of remote work have "emptied" the homestead market, so you may have to wait for a suitable and attractive option, or pay a considerable amount for it.
In addition to the basic purchase price, there may be additional costs such as: preparation of documents, taxes, notary fees, legal verification costs, etc.
After buying a homestead and legalizing everything, there will be all costs related to repairs and renovations, depending on the condition of the building and the need for environmental management.
The condition of the homestead also depends on the environment. How to assess the state of the environment?
Most older homesteads may require additional investment in renovations or upgrades. Sometimes building owners do not undertake proper maintenance for years, so buyers can face unpleasant undetected defects in residential premises. Also, if the homestead is located far from densely populated areas, there may be difficulties with the provision of water supply, electricity and other services.
A few points on how to assess the state of the environment:
- What are the buildings around, apart from a residential building? What is their condition?
- Is there running water in the homestead? What is his condition? If there is none, then you need to calculate the costs of installing a drinking water supply. In this case , digging wells or installing a borehole must be included in the work list.
- What is the situation with sewage and sewage? After all, even when resting, you want full city amenities, so it will be necessary to take care of a sewage treatment solution, and most likely it will be a sewage treatment plant. Domestic wastewater treatment facilities will help you create a comfortable, full-fledged household even in a remote corner of nature. The price of household sewage treatment equipment may seem high at first, but the fact is that you cannot survive without sewage treatment, so choose a reliable and convenient solution.
After estimating these costs, you can have a roughly realistic cost budget after considering the need for renovations.
Do not forget the documents before the purchase transaction
You probably wouldn't believe how often deals fail due to messy documents. Therefore, before starting any more serious actions, you need to find out whether all the documents and other legal aspects necessary for the sale have been arranged.
Be sure to find out who owns the property, do the land and buildings belong to the same person? Professional brokers share their experience that on average even 2 out of 3 real estate transactions do not take place on time due to improperly prepared property documents.
What else do we forget to appreciate
There are two very important things that can be easily overlooked when planning a homestead budget. These are maintenance costs and transport costs.
Most likely, the homestead will be further away from your house, maybe even on the very outskirts. This can be a challenge – is your car suitable for getting the whole family there and carrying the necessary items? How often will you go? What is the cost of one trip? Calculate how much it will cost to visit the homestead throughout the year. This is part of the necessary homestead expenses.
Own real estate will also require periodic maintenance costs. This includes the annual land tax, other periodic maintenance work, such as annual prevention for sewage treatment plants.
You can't avoid these costs, but you can prepare for them by making the right decisions in your installation. Kasyba.com experts share their experience on how to save money in water supply and wastewater treatment plant solutions.
Water quantity and quality. Digging a well or installing a borehole?
If you want to get a large amount of water and you are in a region where wells can be sunk deep, this can be a good and economical option, as the cost of digging a well is always much lower than that of a borehole.
The borehole will provide a constant supply of water, but depending on the conditions, the amount of water may be limited. A borehole will also be needed in case of heavy soil or where the water veins are deeper. Installing a borehole can be a quicker and easier process than digging a well, but it can cost more in the long run.
Whatever work you intend to do in the homestead, we advise you to contact specialists who know their craft and know the area. But be careful and don't just rely on the opinion of specialists, be sure to consider your individual needs. Here, the Kasyba.com team has been working with water supply, well mining and wastewater solutions for more than 20 years, analyzing the client's needs and having a huge experience of implemented projects.
