Imagine stepping inside your new home, but it's not any old property. This is a new home in every sense. The kitchen sparkles, the bathroom is spotless, and the beautiful wooden floors are polished and untouched.
There are plenty of advantages to buying new construction homes. But how can you be sure you are choosing the right one and getting the best deal? This guide will help you with some simple home buying tips.
Research the Builder's Reputation
If you buy a new construction home, you want a finish of the highest standard. After all, the pristine finish of new homes is one of the main advantages of choosing that property type.
You must take the time to research the builder's reputation. Look at their past construction projects to check the quality and finish.
Check Out the Neighborhood
When choosing a new home, the location matters as much as the property. Take time to get to know the neighborhood and its offerings.
If you are buying a family home, you might be interested in amenities like parks, schools, and sports grounds. Always look at whether the area suits your lifestyle.
Remember that up-and-coming neighborhoods are also great real estate investments.
Consider Hiring an Inspector
Before buying off the plan, you should get an independent inspector to assess the build quality.
This strategy can be an excellent way to get some added reassurance about the construction and check for any potential issues that might cause problems or extra costs later on.
The expense of hiring an inspector is offset by the potential to safeguard your investment.
Ask for Upgrades
Sales teams will be keen to secure deals for their new homes, so use this to your advantage. Start negotiating.
If the builder doesn't move on the listed price, ask for upgrades to be included as part of your home instead. For example, you could request a high-end finish for bathrooms and kitchens or landscaping in the garden.
Check the Warranty
Each new home comes with a warranty. This is one of the plus points of buying new because you have that added time to get a builder to fix any problems and repairs after you move in.
However, not all warranties are the same. Always check the small print and ensure you know what is covered and the timescale.
Have a Contingency Date
When you purchase a new construction property, the builder will provide a completion date. Unfortunately, construction doesn't always go according to plan.
If the property isn't ready by the date and you've pre-paid for removal bans and other costs, it can be a hassle and an extra expense. So, leave some contingency room in your plans so the builder does not experience delays.
New Construction Homes: Securing a Fantastic Deal
There is no shortage of new construction homes for sale. With these buying tips, you can ensure that the one you go for is right for you and represents excellent value for money.
PMI North Texas is the trusted real estate business to contact if you are considering buying a new property. With over 30 years of experience in Frisco, TX, real estate, we go beyond the basics when supporting our customers. Find out more here.
