9+ Real Estate Variance: What & Why it Matters

what is variance in real estate

9+ Real Estate Variance: What & Why it Matters

A deviation from existing zoning regulations, as applied to a specific property, is a formal exception granted by a local zoning authority. This mechanism allows property owners to pursue construction or land use that would otherwise be prohibited under current ordinances. For example, a homeowner might seek permission to build a structure closer to a property line than normally permitted, or to exceed height restrictions, due to unique circumstances related to the lot’s size, shape, or topography.

These deviations offer a degree of flexibility within land-use planning and are intended to prevent strict adherence to zoning laws from causing undue hardship or hindering reasonable development. They provide a pathway to address unusual site conditions or demonstrate that the requested exception will not negatively impact surrounding properties or the overall character of the neighborhood. Historically, the provision for such exceptions has been a cornerstone of zoning practices, balancing community planning with individual property rights and the potential for innovative development.

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