I imagine construction noise doesn't garner tons of points with guests.  

Market in a MinuteEast Tennessee home sales decreased 7.8% from the previous month, and decreased 1.0% from a year ago.The median sale price was $371,250 — up 9.19% from the previous year.Total housing inventory increased from the previous year – up 38.3% from a year ago.Half of the homes sold were under contract in 20 days or less, up from 11 days a year ago.40.55% of homes sold for the asking price or above, with 18.77% selling for more than the asking price. 8.04% sold for at least $10,000 over asking and 2.88% sold for at least $25,000 over asking price.The sale-to-list price ratio decreased from last month to 97.5% – down from 97.9% a year ago.New construction represented 12.36% of total home salesData Deep Dive: How's the market?

Maybe you won't find anyone in his community saying they are not getting their value there (at least not out loud) but that's probably because saying anything at all critical there will apparently get you kicked out immediately (guess the community is only "forever" if you keep any constructive criticism to yourself).

Our company has been offering brand new construction homes there for the past several years.

A solid 20 years of work on the construction side. 

We will be refinancing from our construction loan to permanent soon so would welcome your thoughts on the lower rate today VS the security of long term fixed.I just saw that you have a local RE Meetup this evening.

I'm a licensed contractor based in Morocco with over 20 years of experience in construction and real estate development.

Starting with a property that is either new construction or turnkey that offers positive cash flow is a smart strategy.Feel free to reach out if you have more questions!

Additional Context:- I'm usually a DIY everything guy because I grew up doing construction and farm work.

I think it's pretty clear it disincentivizes new construction or encourages landlords to find ways around it.However, I do believe we could do better in areas for encouraging new construction with zoning reform and other tax incentives.