Each sub-market in Richmond offers different options for land upon which a home can be built.
In the counties of Henrico and Chesterfield, especially in the western sections, most lots developed are created in planned neighborhoods with both public water and public sewer available. Generally these lots average about less than 1/2 acre and are sold directly from the developing entity to the builders who will construct the new homes. The planned neighborhoods are governed by restrictive covenants which mandate size, shape, style and finishes.
In more rural areas, typical subdivision development creates larger lots to accommodate septic systems and/or wells to provide water. Many times, these lots are made available to the general public and while they may have some restrictive covenants, they are generally less onerous and allow for more owner input into the design.
Occasionally, infill lots can be found in the mature neighborhoods, offering the opportunity to build a new home amongst homes 50 or more years old. While these situations rarely are governed by neighborhood covenants, they are often subject to city ordinance or historic overlay.
Lots and Land For Sale