It’s no secret the real estate market in Nashville continues to flourish. As more people move to the city, more areas are being developed, and more homes are going up.
There are many reasons why homeowners choose to build a new construction home. From the low maintenance and repairs that come with a new home to the customization a buyer is entailed, it’s a great way to create a dream house.
If you’re buying new construction, here are a few things to keep in mind.
Hire A Great Agent
When hiring an agent, make sure you choose someone who has experience and is able to represent your best interests. A good agent will help you with your offer, as well as keep the resale value of your home in mind. Be sure to check with the agent, and find out if they’ve worked with the builder before. A great agent will help you ascertain the reputation of the builder and building company.
Do Your Research
Research the developments you are interested in, and consider talking with homeowners to gauge their satisfaction. You can also go online to look at reviews of builders and their homes. When researching a neighborhood, ask your agent about plans for the area, and consider viewing model homes. Keep track of what you like and dislike, and check out both the amenities and quality of homes. It’s also a good idea to check with the developer about any and all HOA fees and rules.
Inspection and Home Warranty
Never assume that because a home is newly constructed, it’s going to be perfect. Protect yourself with a home inspection — perhaps during multiple phases of the building. If a builder objects to the inspection, consider it a sign something is not right. We also recommend you request a builder’s warranty for a year or more following the move-in. A good home warranty will cover appliance warranties, and can run from one to ten year’s time.
A final tip is to anticipate your future needs. While you can’t predict the future, you can focus on what you want to have and do. For instance, if you’re planning a family, anticipate a bonus room or playroom. If you’re planning to open your own business in the next five years, anticipate a workshop or office. Don’t be afraid to dream with your home, and build that dream as you see fit!
Need help? Call us at 615-550-5565