Before venturing into a new construction community, prospective homebuyers should be aware of these key factors. Also know that the on-site agent represents the builder so be sure to have your realtor accompany you, ensuring they can advocate and negotiate on your behalf throughout the process.
Timeline Awareness: New construction homes follow a specific timeline from groundbreaking to completion. Inquire about the estimated completion date and potential delays due to weather, material shortages, or unforeseen circumstances.
Builder’s Reputation Research: Thoroughly research the builder’s reputation by investigating past projects, reading customer reviews, and considering testimonials. A reputable builder ensures quality construction, adherence to timelines and superior after-sale support.
Costs and Customization Understanding: Beyond the base price, comprehend potential upgrades, customization options, homeowner association fees, property taxes, and any ongoing costs. Be aware of additional expenses associated with a model homes showcased upgrades.
Warranty Information: Inquire about the warranty offered on the new construction home. Understand the coverage and duration of the warranty for both structural and non-structural components.
Energy Efficiency Features: Check for energy-efficient features in the new construction, such as insulation, windows, and appliances. This not only contributes to environmental sustainability but can also result in cost savings over time.
Community Amenities and Development Plans: Explore the amenities offered in the community and inquire about any future development plans. Understanding the community’s long-term vision can impact your overall living experience and property value.
Home Inspection Consideration: Despite being a new build, consider investing in a professional home inspection. This can help identify any potential issues or discrepancies before finalizing the purchase.
Future Resale Value: Consider the potential resale value of the property. Factors such as location, community development, and the reputation of the builder can influence the property’s resale potential
Questions? Give us a call and we’d be happy to further discuss with you, 404-372-4936.