Five Home Buying Tips For New Construction Homes

1. A Builder For All Reasons. Like all tradesmen, builders vary in their fields of expertise. For example there are builders who specialize in craftsmanship, others who are known for their innovative use of space, and those who offer customer attention during construction and after move-in. Determine your own specific needs then shop around for a builder that will best address your requirements.

2. Get The Facts About Your Builder. When looking into new construction homes for sale, it is wise to check out the reputation and financial strength of the builder. Get “spec sheets” on home features covering everything from floor plans to energy efficiency, including lot availability and delivery of your home.

3. Check Out The Neighborhood. Learn as much as you can about the community.  Discover what amenities it has to offer. Are there restaurants, parks, and schools nearby that will fulfill your needs? Furthermore, think of how you will be affected by commuting routes and times. These are all important factors you’ll need to know for your home buying checklist. 

4. Negotiations. Often buyers don’t realize that there may be room for negotiating price, upgrades or options. For example, Some “premium lots” are priced higher and are sometimes saved to be sold last. Keep in mind that typically, all lots cost the builder the same, so be sure to enquire about lot pricing. Builders may offer discounts or special financing to help close a sale.

5. Inspections For New Construction Homes. Yes it’s new and typically it’s built with modern materials that are more durable, low maintenance, quieter, and safer. But because nothing is perfect, even if it’s new, it would be wise to hire a licensed home inspector. If you do hire a home inspector, ask if he or she is certified in conducting new construction inspections.

Hope this guide was helpful, and please do not hesitate to contact me at 647.930.1888 or info@timsold.com to discuss the purchase or sale of your home, investment advice or if you would just like more information.