Purchasing new construction

While touring newer neighborhoods hunting new construction, having a knowledgeable Realtor at your side is important. is here to help you navigate the myriad of new homes today to find one that's been built for your family.

Gain an advantage when negotiating new construction in Waterville with Coldwell Banker Plourde Real Estate as your agent - (207) 660-4007

In real estate, negotiation is always an option. However, with new construction, it depends on the developer and the length of time that the home has been on the market. Developers in new additions don't like taking lower than their asking price because buyers already in the area expect new construction to be comparably priced to what they already purchased. (You'll appreciate that same courtesy if there are undeveloped lots near the home you eventually purchase!) But, depending on how far along the project is and the local market, builders have been known to allow a few concessions.

Consider a home has been on the market a long time and the builder has a lot sunk into it, then you have some room. The same goes for show or model homes that have been sitting for a while. However, if a home was recently finished, it's unlikely you'll get a deal.

You can always ask for assistance in other ways when purchasing new construction. For example, closing costs are one way for you to save without lowering the price of the house. The same goes for amenities - ask for things an allowance for window treatments, a garage door opener, a fence or landscaping, or an extended home warranty. That can go the other way around, too. If upgrades are already in the contract, see if you can get the builder to omit them - you might be able to install them later yourself at a savings anyway.

Realize that just because a house is brand new, it can still have its share of flaws. Be sure to get a home inspection before purchase so that issues are handled and also negotiate a home warranty. Then, about 10 or 11 months after purchase it's worth it to pay for an inspection and get anything else repaired before the warranty expires.

Finding you a new home that meets your family's needs and matches your budget will be my #1 objective. Give me a call at (207) 660-4007 to begin the search for your new home today.