The Phoenix-metro area is currently experiencing a much-touted seller’s market. But with so many people competing for valuable real estate, what’s a would-be homebuyer to do? Buying new construction offers a good opportunity for home owners to maximize their real estate dollars.
Buying New Construction in a Seller’s Market
Buying new construction in a seller’s market is smart because you get more for your money. The ten things listed below are all benefits of new construction in this market. Each one has its own angle, and they do not apply to every buyer. Learn why new construction may be the best mechanism towards getting the forever home that you want at a price that you can afford. And, with the exception of a couple of the reasons outlined here, the benefits to buying new construction apply to both custom homesites and new move-in-ready homes. Check it out!
You get what you want
In a seller’s market, buyers are often left competing for homes that do not include amenities or furnishings that would be included in their ideal home. Some will look to completely remodel the home before they move in while others will reason that they can make changes to the home over time. But when you buy new construction, you have the opportunity to speak directly to the builder about what you want in your home.
Use Your Real Estate Agent
If you are working with a real estate agent in your new home search, did you know that you can use them to help with new construction as well. A real estate agent can help you narrow down your choices, find the right builder for you and point you to the right upgrades. They can even help you understand the purchase contract and assist you with pricing and negotiations. Please keep in mind that most builders require that you have your real estate agent accompany you on the first visit.
You save time on your home search
When you are spending time looking at tons of houses, don’t forget to buy a home! Searching for a new home can be tiring, and you might spend weeks or even months searching for the right house that feels like a home This can be an exhausting process, however, choosing to build new construction can be an easier process. A sales agent from the builder can work with you to make the processes go smoothly and will help you pick the right finishes that will make your house a home. The builder will also keep you updated on the progress of your home each step of the way.
You can get access to modern amenities
Homeowners associations have had a prominent place in the Phoenix-area real estate market for some time. But as the area has grown, so have the amenities that modern homeowners have come to expect. From planned amenities, family-friendly activities to beautiful parks and trails, buying new construction especially in a master planned community such as Vistancia, means you can make a point of buying a home that has all of the amenities that will contribute to your family’s lifestyle.
Choose your lot
With a resale home, you are not able to hand pick which lot you want to place your home on. On the other hand, if you partner with a builder on a new construction, you may be able to select your lot. This empowers you to choose from different views, street placement and other factors that may be important to you. Some communities including Blackstone at Vistancia offer custom homesites which allow you to even further create a home that is tailored for you.
Considering new construction for your family’s next home? Vistancia has partnered with premier builders in the Valley to ensure that all of our homeowners have amazing experiences building their homes. Visit the Find a Home page on our website to start browsing floor plans and to learn more about the different communities in Vistancia.