Guide to Buying New Construction

Posted by Justin Havre on Friday, September 21st, 2018 at 8:55am.

New Construction: A Buying GuideNew construction homes are a good choice for a lot of people, because they can offer value and quality beyond what might be able to be found in homes that were built some time ago. The styles and preferences change over the years, and that affects the way homes are constructed, the kinds of features they have, the size of the rooms, and much more. With that in mind, it is important to understand what new construction has to offer, and the kinds of things a home buyer should look into before they choose a new construction home. With the right options, a new construction home can be an excellent choice.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Where Will the Home Be Built?

There are generally two options with homes that are new construction. The first one of these options is a home that the buyer contracts with a builder to create from scratch. The second option is the buyer choosing a home that has just been built but that has never yet been sold to anyone or lived in by anyone. This second option often means a planned community, while the first option is more likely to mean a place where the buyer has selected and purchased land. Then they have the home built in that location. Both options can be good choices, depending on a person's individual needs, wants, and goals for their new home.

Who is Building the Home?

Finding the right builder matters. Not every builder has the same types of floor plans, and some builders charge more than others or only build homes in specific areas and neighborhoods. With that in mind, home buyers have to carefully consider where they want to build and which builders provide homes in that location. Then they must narrow down that list of builders by other factors that matter to them such as price, floor plans, amenities, time to build the home, and more. What matters to one buyer may be less important to another one, so it can be important to consider everything from a personal angle.

Are There Additional Costs and Expenses?

For some builders, there are additional costs and fees that come with the price of the home. Homes that are move-in ready are not always what is offered. From cleaning to some of the finishes and other requirements, there may be more that has to be done by the homeowner even after they agree on the price of the home. Because of that, it is very important that any home buyer considers what they are getting and focuses on the true costs of buying the home. The contract price should be for a home that is ready to be moved into. If that is not the case, a home buyer may feel they are paying too much for the house.

How Much Work is the Home Buyer Responsible For?

Prairie Springs home buyers want to be able to rely on their builder to give them what they need. If they have to get permits, arrange for clean- up, and deal with land clearing and a lot of other things, they can quickly start to feel overwhelmed. It is not just about the cost, but also about the work they will be responsible for. If they are required to do less, they may feel much better about the overall process. No matter what home builder they choose, they want to find out what they will have to do throughout the entire process. Then they can move forward with confidence.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

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