Four creative ideas to take advantage of urban real estate

Urban real estate can be difficult to develop without a large amount of financial capital. However, anyone with a vacant lot can use any of these techniques to improve the neighborhood and make use of the property.

Urban Gardening

Urban gardening is becoming more and more popular and the number of vegetables that can be produced in a single batch is impressive. With a few raised beds, it’s easy to grow vegetables like lettuce and arugula, as well as tomatoes and larger vegetables. A single lot can provide produce for your family and friends, or it can be used as valuable real estate for community gardening. Let the people in the neighborhood plant and maintain individual plots, and everyone will have the opportunity to improve the diet at home.

Construction of small houses

Another popular movement in America is the move toward smaller living spaces. A tiny house can be built on a trailer chassis and provide more than enough space for one or two adults. Zoning laws can be a complicating factor in many cities, and some areas may prevent people from residing in a tiny house on wheels. Even if the tiny house cannot be your legal residence, you can still use the space to build two or three houses and display them for sale. Buyers can move homes to a trailer park or suburb with less stringent zoning laws before moving in. Unlike more conventional home building, building a tiny home doesn’t require the same variety of certifications and permits.

petting zoo

Visiting a petting zoo is a highlight for many children, and one of the biggest perks of being an adult is doing whatever you want. Adults who remember loving petting zoos as children should consider starting something similar themselves. Goats produce a fair amount of milk and meat, but there are often regulations prohibiting the raising of livestock within city limits. A menagerie, on the other hand, is distinct from livestock because they are not raised for food. A petting zoo can teach neighborhood kids about different types of animals that they might not normally see in the city.

Bring your own bar would be a good idea to talk to a lawyer in your area, because you probably

A BYOB party is a common way to limit the costs of hosting a gathering. A simple variation on that idea would be to have a place where people from the neighborhood could gather and socialize. Bars and other businesses can be expensive, but many people are happy to bring their own drinks to a park or other public space. Of course, there are many complicated liability issues associated with this type of project. The owners of a particular piece of real estate often bear some responsibility for accidents that occur there.