Before You Buy: Top 10 Questions for New Build Homebuyers

By Cass Lutjen | September 29, 2023 |

Purchasing a new construction home is an exciting prospect. You get to be the first to live in a pristine, freshly built space with modern amenities and design. However, it’s crucial not to let the excitement cloud your judgment.

Before you sign on the dotted line, there are several important questions you should ask to ensure your new build is everything you’ve dreamed of. In this blog, I’ll guide you through these essential inquiries.

Before you fall in love with a model home, clarify what features and upgrades are included in the base price. Model homes often showcase various optional features and upgrades that can significantly impact the final cost.

Beyond the base price, inquire about additional costs such as homeowner association fees, property taxes, and utility bills. Understanding your total cost of ownership is vital for financial planning.

Many builders offer customization options. Ask about the extent of customization allowed and any associated costs. This will help you tailor the home to your specific needs and preferences.

New construction homes typically come with warranties, but the coverage can vary. Inquire about warranties for structural components, appliances, and workmanship. Understand what’s covered and for how long.

Research the builder’s reputation by reading reviews, checking references, and visiting other communities they’ve developed. A reputable builder with a history of quality construction is a valuable asset.

Ask about the estimated completion date and whether there are any potential delays. Knowing when you can move in is essential, especially if you have a strict timeline.

Understand the payment schedule and deadlines. Knowing when and how much to pay is essential for budgeting and financing.

Energy efficiency is increasingly important for homeowners. Find out what energy-saving features, such as insulation, windows, and HVAC systems, are included in the home.

If the new build is part of a planned community or neighborhood, inquire about any restrictions, such as architectural guidelines, rules, or regulations that may impact your lifestyle.

Research the neighborhood’s amenities, schools, proximity to work, and nearby services. Ensure it aligns with your lifestyle and needs.

Discuss the builder’s process for addressing construction defects and how they handle warranty claims. Clarity on this issue can save you headaches down the road.

Ask if you can visit the construction site during the building process. This allows you to monitor progress and identify any potential issues early on.

THE BOTTOMLINE

Buying a new construction home is a significant investment, and asking the right questions is key to making an informed decision. By addressing these questions before buying, you can ensure that your new build construction home not only meets your expectations but also becomes a place where you can create lasting memories for years to come.

By asking these important questions when buying a house, you can ensure that you’re making a sound investment in your future. Work with your real estate agent to get the answers you need to make an informed decision, and remember to always do your due diligence.