When scoping out newer neighborhoods hunting new construction, having the right agent on your team can be the difference between a good home buying experience and a bad one. will be your guide when navigating the myriad of new homes today to pick one that's a match for you.
In real estate, negotiation is always an option. However, with new construction, it depends on the developer and how long the home has been vacant. Developers in new additions don't like taking lower than their asking price because homeowners already in the area expect new construction to be comparably priced to what they already purchased. (You'll appreciate that same courtesy if there are undeveloped lots near the home you eventually purchase!) But, depending on how far along the project is and the local market, developers have been known to allow a few concessions.
For example, if it's a recently completed home, you have little to no negotiating powers. But if the home has been sitting fully furnished, like a show or model home, and there haven't been many offers - then the builder might be willing to work with you. The longer the home has been on the market, the more the builder has invested.
In cases where a builder won't budge, ask for assistance in other areas. Ask for help with the closing costs, or extra amenities, like an allowance for window treatments, a garage door opener, a fence or landscaping, or an extended home warranty. Or take the contrary route. If a home is nearing completion, you can often save money by passing on suggested upgrades from the builder and installing things yourself.
Realize that just because a home is brand new, it doesn't mean that it is immune from needing repairs. Be sure to get a home inspection before purchase so that issues are handled and also negotiate a home warranty. Then, about 10 or 11 months after purchase it's worth it to pay for an inspection and get anything else repaired before the warranty expires.
At RE/MAX Advantage, I'll make it my #1 priority to find you a new home that meets your needs and fits within your budget. Give me a call at
(715) 736-7000 to begin the search for your new home today.
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