Expert advice on new construction purchases
If you're touring newer developments seeking new construction, having the right agent at your side is crucial. will help you navigate the sea of new homes today to pick one that's right for your family.
Buyers of new construction in a development aren't happy when the homes that sell after theirs fetch a lesser price. Knowing this, the builder or developer often won't bend on price. (You'll appreciate this behavior after you've bought a home in a development of new construction!) Regardless, depending on the market and the status of the project, there's sometimes room for negotiation.
Say a property has been on the market a long time and the builder is deeply invested, 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 just 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 appliance upgrades, 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 plan, try to get the builder to remove them - you might be able to install them later yourself at a savings anyway.
Realize that just because a house is brand new, it doesn't mean that it is immune from needing repairs. 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.
At Coldwell Banker Plourde Real Estate, I'll make it my #1 priority to find you a new home that meets your needs and fits within your budget. Give me a call at
(207) 660-4007 to begin the search for your new home today.