(Closed) New Construction Advice

posted 6 years ago in Home
Post # 3
367 posts
Helper bee
  • Wedding: April 2014

i dont know about the process, but i will give you a word of warning, before you hire a company to build a house with carpet, look at their profile. My parents hired Jim Walters to do theirs, and within two years the carpet was already loose and bunching up and creasing. Now, ten years later, it looks like hell. seriously, check references and photographs of their work.

Post # 5
13099 posts
Honey Beekeeper
  • Wedding: July 2010

We bought a new construction but the home was already built before we bought it so I can’t offer much advice on choosing a lot.

But I will say I love having a new construction home and being able to move in and not HAVE to do anything!  Plus, it is nice having the builder warrenty in case something does go wrong early.

Post # 6
7312 posts
Busy Beekeeper
  • Wedding: October 2011 - Bed & Breakfast

If the starting price is already $25k above your price point before you start making changes/additions/upgrades, you may want to walk away. It would just suck to fall in love with something you can’t afdford because then you will look at what you can afford and nothing else will compare. I could see things quickly growing far beyond an amount you are comfortable paying.

Post # 7
1811 posts
Buzzing bee
  • Wedding: November 2012

I think that if you stand your ground you need to be prepared for rejection.  When builders own lots in an area, they often will not build a lower priced home because it could hurt their future sales in the area due to the lower valued home.  Also, you are probably going to want some upgrades so you might not want to start persuing a home that is already at the top of your price range.  We recently ran into this kind of situation and we kept shopping around until we found an area that we love in our price range.  Good luck!

Post # 8
131 posts
Blushing bee

We just closed on our newly built home two weeks ago, it was 5 months from foundation pour to move-in but I have heard that is a pretty fast turn around.

Here are my tips:

1. we laughed when the sellers agent asked if we planned to spend about $30k on upgrades.  But it was too easy to get there with upgrades to some electrical, lighting, slight upgrades to carpet, one room of wood floor, and getting faucets we like.  If they aren’t will to negotiate or throw in some upgrades stop now, it WILL be out of your price range.

2.  Our house was 1 of only 5 in the city, so there was basically no room for negotiation on base price.  But have your own realtor (not just the sellers agent) to try and negotiate otherwise you pay whatever the buyer asks.

3.  Be certain that the construction manager is willing to talk to you and let you stop by.  This process is FAR more stressful than buying an existing home and the stress lingers for months, I think we would have walked away from the whole thing if our construction manager hadn’t been so open and forthright with us and let us stop by anytime.  Get his/her phone number and email and be sure to ask plenty of questions along the way. (My brother recommended this to me and I didn’t listen, but luckily we got a good guy either way).

4.  Ask if you can get a different and less expensive model on your lot.  If it is just dirt right now and you sign a contract before any construction begins  I think you could get them to work with you on this. 

5.  If you do go through with the deal, you will freak out at least once in the process.  Express your concerns to the construction manager in a timely manner and see if they will resolve them.  These guys have many years of experience building homes, this is your first, they can be far more creative then you about how to make things work.

6.  Just in case I didn’t stress this enough.  ASK QUESTIONS.  If something doesn’t seem right to you, ask why they did it X way.  If you think something should be changed, bring it up as early as possible.  If they haven’t done the work yet they may change something just to fit your whim, like removing a wall, or pouring the sidewalk with a curve versus a sharp corner.

7.  Have your own home inspector come to do both a pre-drywall inspection (for electrical, plumbing, etc) and a final inspection before closing.  This guy works for you exclusively, and it’s his job to ask tough questions and be cranky on your behalf.

Good luck!!!

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