buying a single family home in Irving Texas

[Shamsideen Musa]

Hi,

My wife and I are looking to buy a house in Irving Texas relatively close to Dallas metro area. We have looked at many new developments and noticed that they are trying sell at $20-$30 more per square foot than well maintained older homes in the same area. What is a reasonable premium per square foot to start negotiations. We want to start at a 10% premium. We are flexible with our time frame so want to get the best opportunity possible. Is this a reasonable plan? What are the profit margins for newly constructed home.