Benefits of Buying New Construction

[Robert Carlson]

So what are the advantages of buying a NEW CONSTRUCTION HOME? Well, here are some:

- Minimal maintenance worries, as everything is BRAND NEW. And for those things that do pop up, they are likely covered under a home warranty from the builder

- Modern amenities and new infrastructure, with energy efficiency in mind

- Streamlined buying process, with no bidding wars with other buyers

- Builder incentives (normally with builder-affiliated lender) and quick-move in options...and I have been seeing a ton of bigger incentives this fall in the Tampa area as mortgage interest rates rise and buyers have slowed down from 10K to 15K to 30+K in closing credits!

- Many times, early in the process, CUSTOMIZATION - choose options for things like flooring, crown molding, built-in low-voltage wiring for entertainment and internet, etc...

Opportunities to inspect several times during the process, during and after the building process. Having a trusted REALTOR by your side during this process - just like buying an existing home - will help you at every stage

What are your thoughts and experiences with new build homes?

[Kristina Kuba]

@Robert Carlson

In my experience, just because something is new doesn't make it better. Especially during the pandemic years, more new construction builders entered the market and quality decreased. As you mentioned I would recommend at least 2 private inspections done by the buyer and their agent. Pre-drywall and final.

On a new build that I helped an investor purchase to turn into a STR, one of the farmers accidentally hit a nail into a pipe causing the tiniest least. The leak would have been there for months if not years slowly causing major drywall damage. It was caught by the pre drywall inspection.