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, offer significant value to buyers for their brand-new features.
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 house, home builders can create a custom dream home from the ground up.
So how do you find these admirable pre-construction homes? What better advice to take than from the National Association of Home Builders?
Finding a Pre Construction Home: Do Your Research
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.
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.
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.
Go spontaneously old school: Simply drive up to a neighborhood actively building and ask to check out the model homes.
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. 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.
…And That’s It!
However, there is much more to do after you find a builder 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.
Check out the rest of our blog and search for all our articles regarding new construction homes for more details.
Alicia Persson is the real estate content writer for Marketplace Homes. She has several years of experience working in real estate teams that specialized in investments and property management. Before she joined MH, she was a freelance writer for 7 years, providing real estate and home living content for boutique digital marketing agencies.
She is a proud University of Virginia master’s graduate and enjoyed her undergraduate years at the University of Mary Washington. When she is not writing, she plays keytar and does female lead vocals in a local 90’s band or spends time with her amazing family.