While exploring newer neighborhoods hunting new construction, having an experienced Realtor on your team can be the difference between a good home buying experience and a bad one. is here to help you navigate the myriad of new homes today to find one that's a match for your family.
In real estate, negotiation is always an option. However, with new construction, it depends on the developer and the length of time that 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, a builder will often allow a few concessions.
Say a property has been on the market a long time and the builder has a lot sunk into it, 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.
In cases where a builder won't budge, try getting a break with other aspects of the transaction. Ask for help with the closing costs, or more amenities, like an allowance for window treatments, a garage door opener, a sprinkler system 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 can still have its share of flaws. 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.