John Horton Realty knows new construction
While touring newer neighborhoods looking for new construction, having an experienced Realtor with you can be the difference between a good home buying experience and a bad one. will be your guide when navigating the seeming infinite number of new homes today to pick one that's perfect for you.
In real estate, you can always negotiate. However, with new construction, it depends on the builder and the length of time that the home has been on the market. Developers in new additions like to keep prices near their asking point 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 current market conditions, a builder will often allow a few concessions.
For example, if the home is pretty much move-in ready, 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, try getting a break in other areas. Ask for them to pay a share of the closing costs, or extra amenities, like appliance upgrades, 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.
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.
Finding you a new home that meets your family's needs and matches your budget will be my #1 objective. Give me a call at
512-834-1600 to start the search for your new home today.
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