73% of Homeowners Will Invest in Their Nest This YearLightStream survey: That’s up 26% from 2018; homeowners also plan to spend more on their renovations – about $9K, the highest amount since
The Pros And Cons Of Purchasing New Construction
If moving up or downsizing with distinction is in your future, you may be starting your search by checking out the model homes in new developments where you might want to live.
Who hasn’t walked into a fully staged, brand new model home and been wowed by the thought, “I can just move right in?”
Keep in mind that most models have had tens of thousands spent in upgrades and clever staging. Window coverings, landscaping, patios, and in some cases even fencing may not be included in the standard models.
There could even be special assessments in newer areas for sewers, schools, and other amenities that will be an additional expense for years to come.
Builders may or may not be willing to accept a contingent offer on your home selling, making it difficult or stressful to time your move. In addition, the construction zone around you could be noisy and disruptive for many months to come.
If, however, the lure of brand-new appeals to you, keep in mind as you consider your options that even in a new home purchase it is still important to have your own representation. Most builders will cooperate with licensed real estate agents in the area.
Before you begin your home search it’s wise to weigh your options. To make this process easier for you I have some valuable educational resources that I would be happy to send to you. Plus, I offer a free “Plan My Next Move” consultation.
To ask a question, request a resource, or book your “Plan My Next Move” consult, simply email firstname.lastname@example.org. No cost, no obligation…. just valuable information!
Tammy Broxson is the Broker Owner of Broxson Real Estate Group, a boutique real estate brokerage in Florida. Tammy is also a State of Florida Real Estate Instructor and a mentor to other real estate p....
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