IS A PLOT PLAN AND A SURVEY THE SAME?

By
Real Estate Agent with Re/Max Professional Associates 74203
http://actvra.in/BgS

Nope.  They are both done by a surveyor.  A plot plan shows the lender where your house is located on the land.  It shows if there are any zoning violations.  Older homes were built before there was zoning.  They are too close to the side yard or the front yard.  They are "grandfathered".  Plot plans in my area cost around $250.00

Surveys are much more expensive.  They run into thousands of dollars depending upon the size of the lot.  Surveys are done for the purpose of "pinning" the boundaries.  If it is a rectangular lot then the four boundaries have pins installed.  I have a 76.6 acre parcel of land for sale.  It has never been surveyed.  Potential buyers are made aware that I have no idea where the boundaries are located.  I have the assessor's map which is not to be used for conveyance purposes.

Surveys and plot plans are similar but very different.

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Topic:
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Ambassador
491,924
Brian Schulman
Lancaster County PA RealEstate Expert 717-951-5552
Coldwell Banker Select Professionals, Lancaster PA

Conrad, thanks for the useful definitions of the differences.

Lenn, thanks for the recertification tip!

May 17, 2012 06:03 AM
Rainmaker
998,733
Conrad Allen
Webster, Ma, Realtor
Re/Max Professional Associates

Always get the cost up front Clint.

For sure Michael.

Thanks Lisa.  Have a great day.

Your welcome Brain.

May 17, 2012 06:14 AM
Rainmaker
1,201,003
Richie Alan Naggar Author PEARLS SERIES of books
on LIFE and LOVE plus Real Estate too!
People first then business! Ran Right Realty Riverside, Ca

meaningful business post that ups the real estate practice bar...thank you

May 17, 2012 06:18 AM
Rainmaker
656,498
Eileen Hsu
LICENSED REAL ESTATE SALESPERSON
Douglas Elliman Real Estate

I agree that this is great information, I'm sure the misconception of the two types of boundary designations can sound similar to the novice, but they will have very different impacts if you purchase.

May 17, 2012 06:43 AM
Rainmaker
773,427
Mike Cooper
Your Winchester, VA Real Estate Pro
Winchester Real Estate Sales, Cornerstone Business Group Inc

Good info, Conrad.  I like Lenn's idea of re-certifying previous surveys. I have one right now that needs to be done.  Good options.

May 17, 2012 06:46 AM
Rainmaker
251,907
Marie Story
Broker Associate, Pinecrest (Miami) Homes For Sale
Keller Williams - Pinecrest (Miami)

Very good to know; thanks for sharing!

May 17, 2012 06:47 AM
Rainer
157,536
Anthony Daniels
SF Bay Area REO Specialist
Coldwell Banker

Before getting a survey done, ensure you have all expectations in writing, else you might end up with some knucklehead that provides nothing mmore than excuses for his ineptitude.

Good post.

May 17, 2012 06:57 AM
Rainmaker
1,842,149
Gita Bantwal
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
RE/MAX Centre Realtors

Thanks for the post. Congratulations on the feature. I will share it with others.

May 17, 2012 06:58 AM
Rainmaker
532,590
Morgan Evans
LICENSED REAL ESTATE SALESPERSON
Douglas Elliman Real Estate

I could see the importance of really getting to the bottom of the differences of measuring the land when you are purchasing multiple acre piece of property. 

May 17, 2012 07:17 AM
Rainmaker
545,669
Gary Frimann
California Broker and REALTOR
Eagle Ridge Realty / Signature Homes & Estates

Abouyt a year ago, I had a property surveyed at the Buyer's request (I had the listing) and between their survey, and ours, there were two different opinions.  Called in the third guy and he also came up with something totally different.  Amazing.

May 17, 2012 08:02 AM
Rainmaker
186,470
Rosalind Nicholas
Toronto Real Estate Agent, Toronto ON
RE/MAX Condos Plus Corporation, Brokerage

Thank you for the info, Conrad, and some of the comments are helpful too …….

 

May 17, 2012 08:03 AM
Rainmaker
313,510
Sandy Acevedo
RE/MAX Masters, Inland Empire Homes for Sale
951-290-8588

This is good information to know even though we presently do not deal with acreage.           

May 17, 2012 08:04 AM
Ambassador
979,764
Debbie Reynolds
Your Dedicated Clarksville TN Real Estate Agent
Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730

Conrad, I remember when we had to have a survey on every new loan closing. It delayed the closings and increased the costs greatly. Thanks for the great info.

May 17, 2012 08:22 AM
Rainmaker
998,733
Conrad Allen
Webster, Ma, Realtor
Re/Max Professional Associates

Thank you Ritchie.

They are different Eileen.

I do to Mike.  Lenn is one sharp cookie.

Your welcome Marie.

Isn't that the truth Anthony.

Thanks Gita.

You need to know what you are buying Morgan.

With GPS technology that is hard to figure out Gary.

A lot of bright people in AR Rosalind.

Knowledge is a wonderful tool Sandy.

We still have to have a plot plan with every sale Debbie.

 

May 17, 2012 10:07 AM
Rainmaker
936,319
Adrian Willanger
Profit from my two decades of experience
206 909-7536 TheHomeFunnel.com

Webster, a very good explanation of something I get asked quite a bit from buyers. In Seattle we have lots of lots that are "grandfathered in" that we're built before zoning regulations in the area. 

May 17, 2012 10:24 AM
Rainmaker
165,371
Dale Samples
REALTOR -Homes for Sale Charleston, West Virgini
304.741.4705 • www.dalesamples.com

Great reminder. I don't deal alot in land but always need to brush up on my knowledge.

May 17, 2012 12:46 PM
Rainmaker
127,313
Faye Taylor
Faye Taylor

Around here the survey companies do a survey and locate the pins.  Our plats show the property without improvements but with setbacks and easements.  The surveys place the improvements also.

Our regular lot of approx .25 acres costs $318.75 for the survey.   My land buyer paid $1200 for 33 acres survey.

May 17, 2012 01:57 PM
Rainmaker
998,733
Conrad Allen
Webster, Ma, Realtor
Re/Max Professional Associates

We do to Adrian.

Have a great week Dale.

Cheap, cheap prices Faye.

 

May 17, 2012 02:29 PM
Rainmaker
646,935
Evelyn Kennedy
Alameda, Real Estate, Alameda, CA
Gallagher & Lindsey, Alameda, California

Conrad:

Thank heaven, this is usually not a problem for my clients.  There are home where fences have floated and there is a question about the lot.  If that is important to the buyer, they must obtain a survey.

May 17, 2012 03:23 PM
Rainmaker
318,653
Sara Homan
Realtor, Homes, Farms & 55+
Coldwell Banker Ellison Realty 352-209-4044

I haven't done enough large parcels to know what the survey cost would be but for a 1/4 acre is is $300 here.  Can't imagine 76+acres!

May 17, 2012 07:16 PM
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Rainmaker
998,733

Conrad Allen

Webster, Ma, Realtor
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