- How Much Money Is Needed To Invest In Rental Property?
- Should A Real Estate Investor Get An Agent’s License?
- 5 Big Factors That Affect The Costs Of Renovating Your Home
- SIBOR Hike – What You Can Do With Your Current Loan
- 6 Basic Don’ts Of Real Estate Negotiation Tactics
- Will New Condo Relaunches Trigger The Great Property Sale We Have All Been Waiting For?
- 10 Proximity Amenities That Add Value To Real Estate
- How To Get Personal Loans More Easily With Good Credit
Acreage zoning refers to zoning rules specifically requiring larger building lots, with the intention of reducing population density in that particular area.
They are also sometimes referred to as large-lot zoning or snob zoning.
This is actually a tough decision by local authorities and would only be implemented after a thorough thought process.
The reason being that the larger the lots, the larger the houses might be. Thus, making real estate more expensive for the average household.
However, reducing residential density with acreage zoning might be critical to ensure the social well-being of the population living in the area.
When an area is too populated, infrastructure might suffer as they are not equipped to handle so much human traffic.
And when push comes to shove, the people might blame the authorities.
This is why it can be a tough decision to approve, yet necessary for order.