What Is a Property Plan?
A property plan is usually a written or online legal document that showcases a building or house's footprint, parking, drainage, facilities, equipment, and other factors needed in a property. If you own a business and have a plan of selling your property, it is also an important part of marketing real estate as it shows the complete layout of the property including the key features of it. But if you are planning for your house, you can emphasize your main wants in your house with your property plan and talk to your engineer about it.
How to Make a Property Plan
When putting your overall property plan, consider it as if you are telling the story of your property. Also, an important factor in a property plan is more is better. Mostly, a property plan is applicable for business purposes. For instance, there are few houses for sale online and you are interested in buying one, you can ask for the property plan aside from making a title search in buying a house. But if you are a businessman trying to sell your commercial property and do not have any idea as to how to make and present their own commercial plan, here are lists of important factors to include in your property plan.
1. Include the Property Lines
One of the important elements of your property plan is to include the property lines. It sets as your boundary as to how far you would go in your structure. You can have the most beautifully designed and innovative building but it does not mean that you would go beyond someone's property. To avoid lawsuits with regards to this, conduct land surveying and determine the measurement of your property and indicate as to where your property starts and ends.
2. Note Parking Areas
Everyone loves to have a spacious place to park, but it can be an issue especially in a commercial property. In your property plan, include an area wherein your customer or clientele can park; it improves customer service. Also, indicate in your plan the flow of traffic, signage, and priority space for handicapped people.
3. Emphasize Surrounding Streets
Showing the surrounding streets can really impact your property plan. Include as to where main arteries, avenues, or dead ends are in the property for the awareness of your clientele. It also provides a context in your building because it gives your customers a sense of familiarity toward the property.
4. Include Areas for Landscaping
Even though you own a property, you cannot terrorize other's property. As for this factor, try to maintain the ecosystem that is present in the nearby area. Make sure to include proposed landscaping plans toward your property plan to sustain the age of sustainability and to reduce property impact.
5. Indicate Safety Precautions
The emergency is the priority of all the aspects on the list. Make sure that in your safety precautions management, include fire hydrants and provide codes that are needed to the distance of the fire hydrants available to use if an emergency occurs. So if you include high maintenance and highly secured safety plans, you could gain investors willing in real estate investing.