Expert advice on new construction purchases
When driving through newer developments searching new construction, having an experienced agent on your team can be the difference between a good home buying experience and a bad one. is here to help you navigate the sea of new homes today to make an offer on the one that's made for your family.
In real estate, you can always negotiate. However, with new construction, it depends on the developer and the length of time that the home has been available. 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, a developer will often allow a few concessions.
For example, if a home has been on the market a while and the builder is deeply invested, then you have some room. The same goes for show or model homes that have been sitting for a while. However, if a home was just finished, it's unlikely you'll get a deal.
You can always ask for assistance in other ways when purchasing new construction. For example, closing costs are one way for you to save without lowering the price of the house. The same goes for amenities - ask for things appliance upgrades, a garage door opener, a fence or landscaping, or an extended home warranty. That can go the other way around, too. If upgrades are already in the contract, try to get the builder to take them out - you might be able to install them later yourself at a savings anyway.
Realize that just because a house 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.