How much does it cost to subdivide?
The cost to subdivide land will vary greatly depending on whether you subdividing into two (2) or more lots. For a two (2) lot subdivision, you can expect to pay anywhere between $15,000 – $20,000 which includes surveying costs of about $5,500, permit fees of $2,000, utility connection fees of $6,000, legal fees of $1,000 and registration fees of $1,500.
If you are subdividing into three (3) or more lots, you will usually be liable for a public open space contribution depending on the location of the land, which can cost as much as 5-10% of the capital improved value of the site, bringing your subdivision costs upwards of $25,000 – $50,000.