Your Ultimate Guide to a New Construction Purchase

By Scott Ostrode

Scott has been a licensed Realtor since 1998. In 2003 he joined Keller Williams Realty and in 2007 he formed Team Ostrode Properties. Scott grew up in Sacramento and has raised his family in the area as well.

Considering buying a new construction home? It’s an exciting journey that comes with its own set of unique benefits and considerations. Here are the key tips to ensure you’re well-prepared before embarking on the search for your brand-new home:

1. Builder reputation is key. Not all builders are created equal. It’s crucial to research and work with a builder known for quality construction, energy efficiency, and reliability. Understanding the differences between builders can help you avoid any surprises after moving in.

2. Personalization opportunities. One of the joys of buying a new construction home is the ability to customize it to your liking. From selecting countertops and cabinets to choosing the flooring, ensure the builder offers the personalization options you’re looking for so your new home truly reflects your style.

3. Warranty and repairs. New homes come with everything brand-new, which means fewer immediate repair costs compared to buying a resale home. Additionally, most builders offer warranties covering repairs and replacements, providing peace of mind that you won’t face unexpected expenses for issues like appliance breakdowns or roof repairs.

4. HOA and community amenities. Consider whether the community has Homeowners’ Associations (HOAs) or additional assessments. While HOAs can offer benefits like community amenities and lawn maintenance, they also add to your monthly costs. Make sure these fees fit within your budget and align with your lifestyle needs.

5. Understanding monthly costs. When budgeting for your new home, consider the potential for below-market interest rates offered by builders. These competitive rates can make new construction an attractive option for those conscious of their monthly mortgage payments.

If new construction is on your radar, starting your search with a knowledgeable partner is essential. Working with a real estate professional who understands new construction can guide you through the process, ensuring you find a home that meets all your criteria while fitting your budget. If you have any questions, don’t hesitate to call or email us. We’d love to hear from you.