Is it smart to get a property survey?

Getting a property survey can be a smart decision in many situations, especially when purchasing or owning real estate. Here are a few reasons why getting a property survey can be beneficial:

1. Property Boundaries: A property survey provides an accurate depiction of the property boundaries, helping you understand the exact extent of your land. This information is crucial for various purposes, such as determining where you can build structures, install fences, or make landscaping changes. It helps prevent boundary disputes with neighbors and ensures you are aware of your rights and limitations.
2. Encroachments: A survey reveals if any structures or improvements on the property, or neighboring properties, encroach upon your land. This could include fences, buildings, driveways, or utility lines that may extend beyond the legal boundaries. Identifying encroachments allows you to address the issue before it becomes a more significant problem and helps protect your property rights.
3. Easements and Rights-of-Way: A survey can identify any easements or rights-of-way that exist on your property. Easements grant someone else the right to use a portion of your land for a specific purpose, such as utility lines or access to a neighboring property. Understanding these easements ensures you are aware of any limitations on your property and can plan accordingly.
4. Zoning and Restrictions: Property surveys often include information on zoning restrictions and any other legal limitations that may impact your property. This information is essential when considering any future developments or changes to the property. It helps you understand the allowed land use, setbacks, height restrictions, and other regulations that may affect your plans.
5. Title Insurance: Many title insurance companies require a property survey to issue a policy. By providing an accurate survey, you can ensure that your property's title is properly insured, protecting you from any future claims or disputes.

While there are costs associated with obtaining a property survey, the benefits and peace of mind it offers can outweigh the expenses. It is advisable to consult with a professional surveyor who can guide you through the process and provide you with accurate and reliable information about your property.