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Updated over 3 years ago on .

User Stats

31
Posts
13
Votes
Ben Magee
  • Real Estate Agent
  • Raleigh, NC
13
Votes |
31
Posts

What to know for single family New Constructions in 2022 ?

Ben Magee
  • Real Estate Agent
  • Raleigh, NC
Posted

Any opinions on when a new construction might be our best play for our next home we owner occupy and plan to rent? What's a good price per square foot to pay a builder in 2022? Folks in Raleigh, NC have been telling me they expect 6 months with experienced builders. 

 My wife and I plan to move each year and rent out our home for the next 4 years. Our options, We could buy a town home for 200K, we could buy a house for 300 K, or we could look at a new construction. And we wondered, what would be some possible benefits of going that new construction route and some trade offs? IF we did build, What should we try to build to maximize it as rental.