Innovative Land Use Techniques

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Alternate ways to subdivide land

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Innovative Land Use Techniques

  1. 1. Innovative Land Use Techniques<br />Jeff McCann<br />Outdoor Perspectives LLC<br />Land Use & Construction Consulting<br />(206) 499-3443<br />
  2. 2. Goal: Split property in two and give each daughter one half.<br />Father was dying<br />Typical Planning: Went to county and then to engineer<br />Formal Short Plat—subdivide one lot into two<br />Deal with permits, reviews, studies, construction<br /> <br />Estimated Time to start building: 3 ½ years<br />Estimated Cost to divide into two lots: $122,000<br />Estimated Mitigation Cost: $7,500<br />Jim was going to spend most his savings giving his property to his kids and likely never live to see its completion.<br />
  3. 3. Subdividing via Typical Short Plat<br />Before (one lot)<br />After (two lots)<br />
  4. 4. Better Planning:<br />Dying is never lucky but keeping most of your savings is……<br />Testamentary Division<br />Work with land use consultant, engineer, lawyer<br />Legally describe<br /> <br />Unfortunately, won’t know when he’ll die—allow building to start<br /> <br />Accessory Dwelling Unit (ADU)<br />Land use consultant advised of ADU (Mother-In-Law a.k.a. MIL)<br />Downside/Restrictions: <br />only 1,000 sf<br />Can’t sell separately/Possible other restrictions<br /> <br />Two stage Home design<br />Build 1,000 now<br />Add on later  3,000sf<br />
  5. 5. Subdividing via Testamentary Division<br />Before (one lot)<br />After (two lots)<br />
  6. 6. Better Land Use Planning<br />Typical Planning <br />Better Planning<br />Estimated Time to start building: <br />3 ½ years<br />Estimated Cost to divide into two lots: <br />$122,000<br />Estimated Mitigation Cost: <br />$7,500<br />Estimated Time to start building: <br />5 months 86% Savings<br />Estimated Cost to divide into two lots: <br />$35,500 71% Savings<br />Estimated Mitigation Cost: <br />Possibly $0 100% Savings<br />
  7. 7. River Run Estates (Maple Valley)<br />Before (Purchase $180,000)<br />After (Sales $ 820,000)<br />
  8. 8. Rock Creek Ranch (Ravensdale)<br />Before ($1,875/acre)<br />After ($35,470/acre)<br />
  9. 9. Outdoor Perspectives The Owner’s Advocate<br />Jeff McCann<br />24826 247th PL SE<br />Maple Valley WA 98038<br />(206) 499-3443<br />jeff@outdoor-perspectives.com<br />www.outdoor-perspectives.com<br />
  10. 10. Outdoor Perspectives Fan Page<br />My goal is to detail 25 more examples of alternate ways to think about real estate developing that might be useful for………<br />Real estate agents<br />home owners<br />builders <br />developers<br />investors <br />bankers<br />engineers<br />architects<br />Become a fan on Facebook--Search: Outdoor Perspectives Land Use and Real estate consulting<br /> or:<br />http://www.facebook.com/#/pages/Maple-Valley-WA/Outdoor-Perspectives-Land-Use-Real-Estate-Consulting/191964195841?ref=ts<br />

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