If you want a basement and you live in an area of the country where the soil doesn’t drain well, such as clay soil, AVOID flat lots.

If you are successful in keeping your land costs at 25 percent of budget, you will have 75 percent of your budget left for the cost of building the house

Buying land is one of the most important components in building a home.
Besides accounting for 25% or more of the total cost of building, all real estate boils down to location, location, location. It is important to know as much as possible about the process of buying land.