As a newbie in new home construction, knowing that you’ll have to face some challenges along the way can be intimidating.
Having invested so much of your time and effort, you don’t want all this to go to waste just because you didn’t know you needed some sort of apparently necessary paperwork.
Don’t worry though. As a leading real estate firm with a specialization in new construction and pre-owned homes, we have some insight into the different challenges you might face!
What are the Challenges?
Staying within Your Financial Limit
You’ve been online shopping for hours and feel yourself getting roped in by the temptation. So what if the final cost is just a little bit out of your price range? In reality, while it might be nice just to ignore that inevitable extra cost, it’s much better to stay realistic with your goal. You’ve got mouths to feed, bills to pay, and a mortgage—be smart when setting the groundwork for your future home and keep your finances in good order.
Negotiating with the Builder
It’s actually a common misconception that you can’t negotiate with the builder. There’s so much you both will need to decide on such as lot lines, price and loan fees, etc. And while your builder might say no, it’s your right to keep asking. If you’re unsure of your negotiation skills though, having a real estate agent Travis County Texas, who has experience with new construction homes, will give you some extra confidence.
Budgeting
You’re basically working with a blank canvas. As such, you will need to factor in everything that you’re responsible for, and everything that you want. For example, if you want a lush landscape but have a limited window to design said landscape in, you’ll need to be quick about it. This means you’ll need to get permits, designers, landscapers and other workers in before construction starts. And that’ll just add to your budget. Be decisive on what you need and what is standard for new construction homes so there are no surprises.
Finding the Right Upgrades
The list of add-ons and options are limitless. However, you’ll want to choose something that adds to your home’s value, and isn’t just there to make your home look cute. Keep in mind that upgrades, especially specifics like kitchen countertops and flooring will cost a pretty penny. Even if you have the budget, making the smart choice instead of following your impulses will help you in the long run.
Need Some Help?
As leading professionals in the real estate realm, Builder Buck$ can assist you in all matters related to property purchasing and development. We can also guide you on lender incentives and builder incentives Denton TX and various parts of Texas.
For further information, contact us. We’ll guide you the right way!
