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6 Steps to Buying a New Construction Home
Buying a new construction home isn’t quite the same as buying a pre-owned home. There’s quite a bit that you have to consider even before you get to the stage where you’re picking out flooring and kitchen cabinets, as well as a lot of ducks that you’ve got to get in a row to ensure that you’re making a smart investment. If you’ve already weighed out the pros and cons of buying a new construction home though and are sure that you want to move forward, then it’s just a matter of following the necessary steps in between making your decision and turning your key in the front door. So what are those steps? Here are six of the ones you’ll need to get through.
Research Builders and Locations
Get Your Financing In Order
Figure Out Your In-Between Living Situation
Find Out What’s Included
- Are there HOA or other neighborhood fees?
- What are the expected closing costs?
- Is landscaping included?
- Are there any rules around what I can and cannot put and/or do in my yard?
- What is the timeline for this development?
- What warranties are offered on the home?
- What are the property taxes in the area?
Make a Lot of Decisions
- Exterior detailing
- Bump-out additions
- Extra windows and window placement
- Structural additions like decks and fireplaces
- Electrical placement (lighting and outlets)
- Kitchen design (counter tops, cabinets, appliances, etc.)
- Flooring
- Ceiling height
- Building materials
- Interior and exterior upgrades
- Smart home features
- Fixtures
Whew, that’s a lot, and you haven’t even gotten to home decorating yet!
Wait It Out
Looking for more new construction advice? Check out our articles on cool features to consider when building a new construction home and upgrades that are worth the money.