Do you know exactly where your property ends and begins? While your immediate reaction might be to say yes, take a second to think about it. Do you really know, or do you just think you do? For most homeowners, their only indication of the precise location and size of their property is the information provided to them when they purchased their home. Many of those same people might not realize their land might actually be larger or smaller than think.
Unfortunately, the misunderstanding isn’t often realized until there is a property line dispute between neighbors. That’s where boundary survey comes in. A boundary survey is conducted by a registered land surveyor in San Marcos, TX to determine the actual property lines and corners of a land parcel. In addition to solving property disputes, a boundary survey can be used in a variety of different situations, including applying for building permits or installing a new fence. Here are four situations where you will need a boundary survey in San Marcos, TX:
- Locate the boundary lines of a property you’re looking to purchase: You’ll want to know the exact boundaries of a property before you actually purchase it. Knowing whether the size and boundaries of the land match the information on the deed could even change your offering price in some situations.
- Ensure everything stays within your boundaries: Building a new addition on your home only to learn it actually encroaches on your neighbor’s property can be a costly mistake. Tearing down your new garage or home addition due to the violation and then rebuilding it on your own lot can be incredibly expensive. Having a boundary survey in San Marcos, TX performed will help you avoid these situations in the first place.
- Verify there are no encroachments or easements: Finding out someone has the right to cross your property to access a driveway could be a big surprise for a new homeowner. A boundary survey will determine whether there are any unregistered interests effecting the property before you buy it. This would include the identification of any easements or encroachments.
- Confirm whether the land is located within a flood zone: Purchasing land within a FEMA-designated flood zone comes with a barrage of additional expenses. Insurance costs for lands considered to be high risk can swell up to five times more than the typical price. Checking before you purchase could literally save you thousands of dollars annually.
A boundary survey can only be performed by a licensed surveyor with extensive experience and training. The results of a survey conducted by an amateur or unlicensed individual are not recognized by the state. On top of that, their findings would never stand up in court if a civil suit were to result from a property dispute.
A boundary survey is an important component of homeownership, as it ensures you are the rightful owner of your property. Call a licensed land surveyor in San Marcos, TX at Bettersworth & Associates, Inc. today to learn more about how a boundary survey can benefit you.