The tug-of-war of land acquisition in the areas around Overland Park, Kansas, presents an intriguing discussion of the balance between urban development and preserving the heartland's natural beauty. This post dives deep into the factors influencing land prices near Overland Park, sheds light on areas known for more affordable land options, and explains how the Dusty Rhodes Homes custom building process can be applied to land acquisition.
Land Investment Near Overland Park
The question of the hour is just how much land costs near Overland Park, Kansas. Some people will pay between 100k to 200k per acre for desirable one-acre lots earmarked for home development. That packs quite a punch, especially if you buy land for construction purposes. If you want to lower the price of your land investment, you can buy land a little further out in Gardner and Spring Hills for as low as 15-18k an acre. However, you may need to buy larger parcels of land to find the under 20K price point for land acquisition costs or find the bargain everyone is looking for.
Consider buying lots between a quarter and half an acre to reduce your initial cost. This allows you to mitigate the cost of land for your new home while also choosing the parcel of land you want.
What Factors Influence Land Prices Near Overland Park?
As Overland Park expands, areas within and on the city's fringes are increasingly sought after for residential, commercial, and mixed-use developments. The proximity to the city’s core, where shopping, dining, and entertainment options abound, can significantly drive up the value of land. The highly desirable school districts near and in Overland Park also attract people to our burgeoning area.
Growth
Growth is a simple word, and in decades or centuries, we have seen growth on a steady incline in this part of Kansas. Today, growth for Overland, Kansas, is abundant! People from all over Kansas and the United States are trying to buy land and settle here. This growth translates into higher land prices in Overland Park and an overall shift in Kansas land pricing.
Zoning Regulations
Zoning regulations also play a critical role in determining land use and price in Overland Park. Land designated for commercial use or high-density residential buildings often carries a higher price tag due to its potential to generate revenue. As Overland Park continues to grow, land near Overland Park will continue to go up in price—no matter what it's zoned for.
Infrastructure
The cost of infrastructure development, such as roads, utilities, and community facilities, can add to the overall land acquisition costs in Overland Park, which in turn influences construction costs.
Are There Specific Areas or Neighborhoods Known for Affordable Land Options?
We're often asked if specific areas or neighborhoods are known for affordable land options, as land is a significant factor in construction costs. Our main point is one you'll find below!
Go Further Out
If you are looking for more affordable land options near Overland Park, look toward the outskirts of town. Areas such as Olathe and Shawnee offer potential for land acquisition at prices that are often more palatable for individual buyers pricing the cost of land for new homes. These locations still provide reasonable access to Overland Park and Kansas City's amenities but come with a lower price tag due to their slightly removed location from the city center.
If you are interested in land for new homes, construction, or investment, consider these neighborhoods as viable options to get the most out of their investment while still staying within reach of Overland Park’s resources.
What are Examples of Land Acquisition for Previous New Home Projects in the Area?
Our Residential Communities
One of the perks of building custom homes in Overland Park is that Dusty Rhodes Homes is able to invest in residential communities. We go through the legwork of land acquisition, buying land for construction, and then offering it to you to choose what custom floor plan you want for your home. Our residential communities, including the Adams Farm Estates, Aventino Community, and Mission Ranch Grand Reserve, allow you to skip the guesswork of land acquisition in the Overland Park area.
The Land Is Always Here
Land is constantly being bought and sold in Kansas. While the value is rising, many of our clients have been able to find the perfect plot of land to build their dream home. Much like a custom home needs to be chosen based on your lifestyle and needs, the land you build needs to be just as custom.
Invest in Land and Your New Custom Home
Dusty Rhodes Homes is the Overland Park custom home builder for the job if you dream of building a custom home on a 40-acre ranch or a smaller, curated development plot.
Contact Dusty Rhodes Homes today to see what we can build for you!
