What to Look For in Brand New Homes 5 Tips for Buyers

Modern home builders

Shopping for brand new homes that are still under construction is a bit different from looking at previously-owned homes for sale. Here are some tips to keep in mind when you’re in the market for a new construction.

  1. Get to Know the Home Builders
    Establishing a relationship with the people building the new homes you have in mind is perhaps more important than your relationship with the realtor. They’ll be the ones you can turn to if anything should ever go wrong, and might even help you get in the door in the first place.
  2. Know What You Can Upgrade or Customize
    If your potential home is part of a cookie-cutter design, you don’t necessarily have to go with the basics. If you get in early enough, you might be able to customize certain aspects like flooring materials, color schemes, or even appliances, if they’re included. Know what can be changed in this phase of the building and what’s already set in stone.
  3. Consider a Self-Sustaining Community
    Imagine having a gym, a pool, a recreation center, and more all right in your neighborhood — that’s only shared by you and your neighbors. Planned communities have a lot of benefits to offer and are very appealing to people who like a close knit neighborhood.
  4. Location, Location, Location
    New homes tend to be further out from urban city centers than others, so bear that in mind when you have to think about your job commute. A survey of 1,500 Millennials looking at houses for sale found that 66% wanted suburban locations, 24% preferred rural, and 10% wanted central city locations. And don’t forget to scope out the neighbors!
  5. Negotiate
    Unlike older homes, new homes don’t have previous tenants with sentimental attachment — or, for that matter, a new home of their own that they have to finance and pay for. While buying from previous homeowners may encourage negotiation, new constructions are often more rigid in their pricing. That doesn’t mean you have to pay the list price. Be firm and creative in your negotiating tactics for the best bargain.

Many people love the idea of walking into a new home that’s never been lived in by anyone else. The important thing is to understand what you’re getting into and to know what to look for when shopping for new homes in particular.

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