New Build and pre-construction homes are popular choices among homebuyers. These types of homes are often built with modern features, and offer customization which alleviates the stress of renovations after move-in.
Buying a new home is an exciting time. To help ensure that your expectations are met, here are three important tips to consider when buying a new home:
1. Review the surrounding homes and neighbourhood
Naturally, many homebuyers focus on the exterior and interior of their new home. However, it is just as important to focus on where your home is located and what will surround it.
New and pre-construction homes allow you to select your lot — so make sure you try to imagine, or map out, where the other homes will be located.
Take into account the following questions:
- How close will your neighbours be?
- Will your bedroom window look onto your neighbours’ bathroom window?
- What will be just outside your subdivision?
- Are there schools or other amenities close by?
Your home is important but where it will be located is just as important, so make sure you love all of it.
2. Confirm what is included and what is considered an upgrade
One of the many benefits of buying a new home is that you can discuss the building details of your home directly with the builder. However, make sure you confirm what is included in your plan, and clarify what will be considered and charged as an upgrade.
When you are shown a model home or showroom version, it’s easy to get caught up in the excitement of what your new home will look like. Make sure to set aside time to discuss what details you want included in your home so the builder can let you know what is part of your build and what will have to be included as an upgrade.
- Do you want a finished basement?
- Is a walk-in shower considered standard in the build package you have decided on?
- What sort of kitchen countertop were you hoping for?
- If you change your mind about your choice of tile, are you able to switch without penalty?
You deserve the home of your dreams, but it’s important that your dreams are a viable reality. Make sure to have your questions prepared so your builder can deliver your new home to you with the inclusions you want.
3. Ask About the Completion Clause
When purchasing a new construction, you have to work with the builder’s timelines. Many builders will let you know ahead of time when the estimated date of completion is expected, but make sure this is confirmed in writing.
You have the right to discuss the completion date with your builder to ensure that it coincides with your needs. A completion clause should also include a cancellation or refund clause, in case the builder does not complete the new home by the specified promised date.
A new home is a large investment and one you must protect. Working with a reputable builder guarantees that your needs and expectations are at the top of the list throughout the process.
If you have any questions, or want to learn more about new build projects, contact Warren D. Sinclair today!
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