Looking for new construction around Denver-Boulder?
While touring newer neighborhoods seeking new construction, having an experienced Realtor on your team is crucial. We can help you navigate the sea of new homes today to pick one that’s a match for you. Our services are FREE to you! The sellers pay us to assist you.
In real estate, you can always negotiate. However, with new construction, it depends on the builder and the length of time that the home has been available. Developers in new additions avoid bending on price because homeowners already in the area expect new construction to be comparably priced to what they already purchased. (You’ll appreciate that same courtesy if there are undeveloped lots near the home you eventually purchase!) But, depending on how far along the project is and the local market, a builder will often allow a few concessions.
For example, if the home is pretty much move-in ready, you have little to no negotiating powers. But if the home has been sitting fully furnished, like a show or model home, and there haven’t been many offers – then the builder might be willing to work with you. The longer the home has been on the market, the more the builder has invested.
You can always ask for assistance in other ways when purchasing new construction. For example, closing costs are one way for you to save without lowering the price of the house. The same goes for amenities – ask for things appliance upgrades, a garage door opener, a fence or landscaping, or an extended home warranty. If upgrades are already in the plan, see if you can get the builder to remove them – you might be able to install them later yourself at a savings anyway.
While you should always negotiate a home warranty so problems can be fixed, get a home inspection before your purchase regardless. Inevitable problems can be repaired (by the builder) before you move in and larger problems identified before it’s too late. Since an inspection is relatively inexpensive, some new home buyers get an inspection after being in the home for 10 or 11 months – that way, the builder can make the repairs before a 1 year warranty expires.
At Superior Home Source, We’ll make it our #1 priority to find you a new home that meets your needs and fits within your budget. Give us a call at 303-929-1166 to begin the search for your new home today.