As home prices rise from evaluations hit by the 2007 crash, land is as popular as ever. Making the most out of potential land is a crucial way to be successful at investing, or simply securing the best home for your future is still considered the American dream. According to a joint release from the Idaho Census Bureau and the Idaho Department of Housing and Urban Development, privately-owned housing starts rose 2.0% in March 2015 to a seasonally adjusted annual rate of 926,000. Nonetheless, the rate is 2.5% below the March 2014 rate of 950,000. This means the market is in the perfect condition for building. “There’s plenty of land in the Caldwell and Star area,” says Ada County surveyor Jessica Norphy, “since we expect the California drought to send new residents to Idaho, we will have to see if it fills as fast as Boise did in the 1990’s.”
This influx of new residents is caused by affordable land in a fledgling area, as Nampa, Caldwell, and the surrounding areas continue to win accolades for it’s pristine position in the new economy. Idaho is filled with pioneers from when Americans first traversed the long road from Plymouth Rock to find new lands for their progeny. Some Idahoans opt to build a custom house on lands seized by banks or when estates change hands. It is a good opportunity to get a great deal on land when constructing your dream home.