How To Find Pre-Construction Homes
In the NAHB’s recent study on “What Homebuyers Really Want,” 60% of respondents say they would prefer pre-construction homes over existing structures. Pre-construction homes, also known as new construction homes or townhomes offer significant value to buyers for their brand-new features and floor plans.
Homeowners of pre-construction real estate enjoy years of minimal maintenance because everything from the roof to the basement is move-in ready and full of modern upgrades. Instead of knocking out walls and renovating an old single-family home, home builders can create a custom dream home from the ground up.
So how do you find these admirable pre-construction homes for sale? What better advice to take than from the National Association of Home Builders?
How to Find a Pre-Construction Home
To make informed decisions, you as a buyer must get all the information you can about builders and projects in your area. There are a few ways to do this.
1. Go straight to a local home builder’s association.
Throughout the country, there are many local builder associations that are ready to help you find a dream custom home. Start your search by browsing this list of home builder’s associations to speak to a representative.
2. Google it!
If you don’t feel like picking up the phone, you may also browse online listings about up-and-coming pre-construction homes. You can learn a variety of things like about a floor plan’s square footage, if there are any builder incentives, if there are energy-efficient features, information about the home community, and much more.
3. Go spontaneously old school.
Simply drive up to a neighborhood actively building and ask to check out the model homes. You can do this with or without a realtor, but you’d certainly get more information when you consult the services of a real estate agent experienced with new construction.
When you explore new construction neighborhoods popping up around you, the level activity will depend on the housing market, local demand, and other factors. Townhouses and single-family homes each have their own value and advantages, so check out what quick move-in options that are around you!
4. Get an agent!
When it comes to buying a new home, it’s advised to get the help of a real estate agent no matter what. You can even ask an agent to help you find a builder in your area or if they have a recommended lender to help you with your financing.
After you find a builder through whatever means, your agent will give you excellent guidance on selecting a new build and even provide representation throughout the buying process.
If you have an existing home, they can also offer a solution for it — whether you want to keep it as a rental investment or sell it and use the proceeds toward your future down payment.
Pre-Construction Homes for Sale
There is much more to do after you find a new construction home and a real estate agent. There are contracts to agree to and sign; there are building materials to select, and negotiations to iron out. Working with a real estate agent will alleviate a lot of your concerns and answer all of your burning questions.
If you want to find a new home in your price range or within a certain amount of square feet, getting the most up-to-date information from a realtor is crucial. Contact us today to start the process of finding a pre-construction home in your desired market.
