Las Campanas Realty Announces Top Tips for Buying Homesites, Building Custom Homes

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Las Campanas Realty Associate Broker Jerry Maher addresses the top tips for buyers considering the option of purchasing land on which to build a custom home

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A resurgence in the real estate market nationally and locally, combined with the value of land in the Santa Fe market has created an opportunity for those looking for the opportunity to build a custom home on the perfect homesite in Las Campanas.

Las Campanas Realty addresses the top three ways home buyers can make the optimal decision regarding the purchase of land in which to invest or build on in Santa Fe’s most sought after communities.

A resurgence in the real estate market nationally and locally, combined with the value of land in the Santa Fe market has created an opportunity for those looking for the opportunity to build a custom home on the perfect homesite in Las Campanas.

TIP #1: Get your boots dirty
Being on site with the broker to analyze lot diagrams for topography attributes, identification of utility and drainage easements, understand construction issues like location of gravity sewer limits and where the buildable areas on the lot are are key elements to examining the homesite. In addition to the basic lot topography, it’s important to determine what view corridors to maximize. Without spending time actually walking the property, and even visiting at various times of day, the personality of the homesite can be lost on a potential buyer.

TIP#2: Identify the size and style of your home; examine covenants & guidelines that apply
Determining the size of the home a buyer would like to build is key to choosing a neighborhood within Las Campanas. Additionally, understanding the carefully thought out, maintained, and enforced covenants, conditions, guidelines and policies that exist to help to protect and enhance values in Las Campanas is critical.

The Los Santeros and Park Estates neighborhoods allow buyers to build homes starting at 2,500 square feet, while the Estancias neighborhood homes start at 3,000 square feet. Santa Fe is best known for its Pueblo style architecture. However, Las Campanas allows a variety of styles provided the guidelines are maintained.

Las Campanas Realty partners with master builders who can visit the site with you and coordinate the process of building your dream home in such a way that every breathtaking view is taken into account. From determining where courtyards can go, placements of portals, landscape features, and gardens to understanding of drainage of homesites and if cisterns are required, Jerry Maher at Las Campanas Realty can walk buyers through the Owners Association Design Guidelines, including architectural covenants, landscape guidelines, the custom home Design Review process with the onsite Design Review Committee, and various questions regarding the Master Owners Association as well as the corresponding individual neighborhood HOAs.

TIP #3: Budget for the build, and educate yourself on incentives
While a beautiful view homesite may be eye-catching, understanding the price points and knowing the approximate cost of your per-square-foot building expense as well as the cost of a land-buying mortgage and any preparation of the property before the foundation is laid can be key in making an informed financial decision. Las Campanas Realty features homesites starting at $100,000 for nearly an acre of land, as well as homesites that are 3+ acres immediately adjacent to 68,000 acres of Bureau of Land Management (BLM) property, listed at $237,000. Developer homesites priced over $100,000 include an incentive of a Full Equity Golf or Full Equity Social Membership to the Club at Las Campanas. Some homesites along the BLM property allow buyers to board two horses with access to 68,000 acres of trails to explore, including the banks of the Rio Grande.

“Working only within the gates of Las Campanas allows us to focus our expertise to the homesites in Las Campanas, the neighborhoods, the existing homesite and home inventory, and to work closely with builders that have an in-depth understanding of the community’s building and architectural requirements,” said Associate Broker Jerry Maher. “Due to our close relationship with the Club, we can help with membership information as well as touring of the amenities.”

To make an appointment with Las Campanas Realty, please call 505 986-2000.

About Las Campanas Realty: Located on Camino la Tierra at the entrance to Las Campanas, Las Campanas Realty and its experienced team is dedicated to helping buyers find the right home or homesite in the Las Campanas development. The full-service brokerage’s state-of-the-art sales office, designed to welcome visitors and offer expertise on all things Las Campanas, is open 7 days a week, providing information and material essential to exploring Las Campanas. The office includes a large, touch-screen topographical table and a comprehensive printed map of the development, in order to show off every single lot by gated neighborhood and number.

About the Club at Las Campanas: Located within the boundaries of the Las Campanas real estate development is The Club at Las Campanas, a separate entity, owned and operated by its members. Although many owners of property at Las Campanas are among the Club’s members, membership in The Club at Las Campanas is separate from real estate ownership (in fact one may be a member without owning real estate) and, since it is a private club, membership is by invitation only. The Club includes two Jack Nicklaus Signature golf courses, the Las Campanas Equestrian Center, Spa & Tennis Center, a Log Cabin dining venue, and the Las Campanas Hacienda Clubhouse.
For media inquiries, please contact:
Jennifer Hobson-Hinsley
(505) 603-8643

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