Tips for Buying a New Construction Home
Have you ever considered purchasing a new construction home? There are many perks to buying a newly constructed home, like brand-new appliances and features. Plus, you have the ability to design the home of your dreams with upgrades to fit your lifestyle and budget. Before you decide to purchase a new construction home, take a look at a few important considerations from the team at Hudler Homes.
Do Your Research
The most important step in the home buying process is to do your research, especially when it comes to new construction. You will want to ensure that the neighborhood and builder you select have a good reputation for building quality homes that last. Be sure to verify that the builder does not have any pending judgments with your state’s construction board. You’ll also want to look online for honest reviews from current or past customers. It also helps to visit other communities that your builder has constructed to get a feel for style and layout.
Decide on Upgrades
One of the best aspects of building your own home is the ability to design it exactly as you want it. However, keep in mind that with each upgrade comes an increase in price. Oftentimes, buyers will see a 10-15% increase in their final price after choosing design options. It’s helpful to get a sense early-on with what comes standard with your property and what’s considered an upgrade. Also, be sure when selecting upgrades that you keep the resale value of your property in mind. You don’t want to spend so much on upgrades that you have trouble getting a return on your investment when it comes time to resell. You also want to focus on making upgrades in functional areas of your home, like the kitchen or bathrooms.
Anticipate Delays
A very important consideration to keep in mind when purchasing a new construction home is an unpredictable timeline. If you are pressed to get into your new home, you should be aware that new construction can come with delays from a variety of sources: poor weather, vendor delays, permit approval hold-ups, etc. When purchasing new construction, you will definitely need to be flexible with timelines and anticipate delays.
Find Your Own Real Estate Professional
If you’ve made up your mind and you’re ready to purchase a new construction home, it’s essential to use your own real estate professional for the transaction. You need to work with a real estate agent who has your interests top of mind, can be a sounding board, and negotiate with the builder on your behalf.
Work with Hudler Homes
Are you thinking of buying a new construction home? You want to be sure you are working with a licensed and experienced real estate professional. The right real estate agent will guide you through the process of selecting the right new construction home with ease.
If you are looking for a real estate agent who knows the Baltimore area and comes from a new construction sales background, I’d love to meet with you and help you explore your options. Reach out to me through my website or give me a call at (302) 545-8569, and follow my blog for more home buying and selling tips!