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Updated about 1 year ago, 10/10/2023
Benefits of Buying New Construction
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?