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New Construction Homes

Buying New Construction

The Pros & Cons of Purchasing New Construction

Pros

You have the option to include the latest high-tech features

This includes built-in security systems, audio systems, Bluetooth lighting, smart faucets and appliances, and thermostats. Additionally, a home built today will be much more energy-efficient than one built ten, twenty, or thirty years ago.

Everything is BRAND NEW

This means everything functions correctly. Your money can go towards furnishings and decorating, instead of repairs and replacements. Your home maintenance costs will be lower for the first several years.

Big-ticket items are all under warranty

Your roof HVAC, and appliances will come with a manufacturer warranty. In fact, the builder’s warranty may cover additional items as well such as windows, doors, electrical and plumbing systems, and workmanship on tile and drywall installation.

You can customize the features

Depending on the builder, and what stage the home is in when you purchase, you can typically choose your finishes, fixtures, appliances, and other upgrades. Of course, if you are doing a fully custom build, you get to choose everything.


Cons

The price is not usually negotiable

The cost is the cost when it comes to new construction. Unless you downgrade features, or your builder is offering some sort of special incentive, you typically won't be able to negotiate the sales price.

You may not get the options & finishes you hoped for

Unless you are doing a completely custom build, the builder may have selected finishes, fixtures, features, and appliances you can choose from. Additionally, upgrades can add up quickly, so you may not get everything you want.

You will have immature landscaping

Unless you purchase a vacant lot in an established community, you will have to wait a few years for new trees to mature and provide shade to your home and yard. You will also have to work on and maintain your yard to get grass growing, as most builders just lay down grass seed.

You will have to abide by an HOA

Most new developments have homeowner’s associations. This is not a bad thing, but you should know what the rules are before you buy.

Featured New Construction Communities and Builders

Which market would you like to live in?

Why use a Realtor to purchase New Construction

Having a realtor represent you when buying new construction can be beneficial for several reasons:

Knowledge and experience:

 A realtor has the knowledge and experience to help you navigate the complex process of buying new construction. They can help you understand the different types of new construction homes available, as well as the pros and cons of each option.

Builder relationships

A realtor often has established relationships with builders, which can be beneficial when negotiating the terms of your new construction purchase. They may have insider knowledge about builder incentives, discounts, and promotions that you may not be aware of on your own.

Legal and contractual expertise

A realtor can review and explain the legal and contractual aspects of your new construction purchase, ensuring that your interests are protected and that you fully understand the terms of your contract.

Assistance with inspections

A realtor can help you schedule and coordinate inspections of your new construction home, ensuring that it meets all necessary codes and standards.

Market knowledge

A realtor has up-to-date knowledge of the local real estate market and can provide you with valuable insights into trends in pricing, availability, and demand.

Negotiation power

A realtor can negotiate on your behalf with the builder to help you get the best possible deal on your new construction home. They can also help you understand the terms of the contract and ensure that your interests are protected.

Convenience

Working with a realtor can save you time and effort by handling the details of your home search and purchase. They can help you schedule showings, arrange financing, and handle all the paperwork involved in buying new construction.
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Download our free New Construction Guide

Download our Free New Construction Home Buying guide. Learn all about the New Construction home buying process. 

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