Contact

8 New Construction Home Buying Tips to Keep in Mind

  • Jul 22, 2022
  • Real Estate
home buying houston tx

Resource - Har.comAre you in the market for a new home? If so, you'll want to keep these five new construction home buying tips in mind! Buying a brand-new home can be a great experience, but it's important to be prepared for what's ahead. These tips will help make the process smoother and less stressful. Let's get started!

Tip #01: Weigh the Pros and Cons

Before making any decisions, it's important to sit down and weigh the pros and cons of buying a new construction home. Some of the pros may include things like having a home that's brand new and never been lived in before. You'll also have the opportunity to select your own finishes and upgrades. On the flip side, some of the cons may include things like a longer home buying process and potential construction delays.

Tip #02: Get your own agent and lender

While the builder's sales team may be helpful, it's important to have your own buyer's agent working on your behalf. They can help you negotiate with the builder and make sure you're getting the best possible deal. You'll also want to get your own loan pre-approval from a lender. This will give you more negotiating power with the builder.

Tip #03: Research the Builder and Neighborhood

Before signing on the dotted line, be sure to do your homework on both the builder and the neighborhood. Look for online reviews and check out the builders past projects. You'll also want to drive by the construction site and take a look around the neighborhood to get a feel for things.

Tip #04: Be aware of new construction timing

If you're buying a home that's already under construction, it's important to be aware of the timeline. There may be delays due to weather or other unforeseen circumstances. It's important to be patient and flexible with your move-in date.

Tip #05: Don’t expect price reductions

Unlike in the resale market, builders are typically not willing to negotiate on price. They often have a set price for their homes, and they stick to it. So, don't expect to get a discount just because you're buying a new home.

Tip #06: Keep resale value in mind when selecting upgrades

If you're planning on selling your home down the road, you'll want to keep resale value in mind when selecting upgrades. Some upgrades, like a swimming pool, may not add much value to your home. But others, like energy-efficient appliances, can help you recoup some of the cost when you sell.

Tip #07: Pick a great lot

When buying a new construction home, you'll often have the opportunity to pick your own lot. Be sure to choose a lot that's situated in a desirable location. Things like a good school district, low crime rate, and proximity to amenities are all things to keep in mind.

Tip #08: Perform A Home Inspection

Just because your home is brand new doesn't mean it's perfect. Be sure to have a professional home inspector take a look at things before you finalize your purchase. This will help ensure that there are no hidden problems with your home.

There you have it! These are just a few new construction home buying tips to keep in mind as you begin your search. With these tips in mind, you'll be well on your way to finding your dream home.

Hello! I'm Jay Thomas, a REALTOR in Houston, Texas. Chances are you and I share a similar passion, Real Estate! I also have a passion for building businesses, working out, inspiring others, technology, sports, and people. Connect with me on Facebook and Instagram!

 

Hello! I'm Jay Thomas, A REALTOR in Houston, Texas. Chances are you and I share a similar passion, Real Estate! I also have a passion for building businesses, working out, inspiring others, technology, sports, and people. Connect with me on Facebook and Instagram!

Related Blog

closing costs without a realtor
Can You Buy a House Without a Realtor in Houston, Texas?
  • Sep 27, 2022
  • Real Estate

Before we get into how to buy a house without a real estate agent, let’s take a moment to grasp what you will be missing, and which scenarios would necessitate a do-it-yourself home purchase....

read more
real estate agent Houston Texas
5 Tips to Choose the Best Real Estate Agent in Houston Texas
  • Sep 25, 2022
  • Real Estate

Knowing where to start might be challenging when looking for an excellent real estate agent. You already know you want to have a good real estate experience, and a lot will depend on your agent. If...

read more
buying a house in houston
Questions To Ask When Buying A House
  • Sep 16, 2022
  • Real Estate

Home buying seems simple enough: Find a house you like that’s close to work or school, tell someone you want to buy it, and move in....

read more
Texas housing market predictions 2022
Houston Texas Housing Market Predictions 2022 & 2023
  • Sep 16, 2022
  • Real Estate

From Austin’s diverse energy and picturesque hill country to Houston’s expanding arts scene and proximity to the water, the horse-friendly lifestyle of North Texas, and the metropolitan city of...

read more
lowest commission real estate broker
Top 10 Best Low Commission Real Estate Agents (2022)
  • Sep 07, 2022
  • Real Estate

If you're looking for a low-commission real estate broker in Houston, TX, this is the perfect team for you. They are a group of skilled real estate brokers with extensive knowledge of the Houston m...

read more
sell your home
What is a Flat Fee MLS Listing Service?
  • Sep 02, 2022
  • Real Estate

If you are looking to sell your home, you are surely aware that it’s not as simple as putting a sign in your yard. There are numerous processes involved -- from buying a new home, changing your a...

read more