Buying land can be an enormous expense — or not that expensive at all. Sometimes, your contractor already owns the lot, and the land cost is included in the building fees. This is common if you're purchasing in a pre-planned community.
But maybe your dream home is tucked away in the mountains or on a vast farmland spread. Land prices vary dramatically, and that price can be affected by lot size. A small plot with no existing utility hookups could cost as little as $1,000, but desirable areas and larger lots may mean spending dramatically more.