Tips on How to Buy a Recently Built New Construction Home in Hampton Roads

A new construction home in Hampton Roads can be a wonderful purchase, even if it's already complete. Buy this type of property to get the benefit of a new home without having to wait for it to be built. Local builders often have more wiggle room with the prices of these homes, sometimes called inventory. Use the following tips when considering buying a newly built home:

  • Get the look you want. When purchasing an existing home, buyers often have to take them as they come. Not so in the world of new construction. Talk with your builder to see what upgrades are available and which colors and fixtures can still be chosen.
  • Hurry to buy during a buyer's market. If buyers act soon, they can still purchase those new construction homes while the market is in their favor. Wait too long and demand will continue increasing while prices rise too.
  • Understand your warranty. Warranties are a great perk that come with new homes. Just be sure to read the fine print, and know what your builder is covering.
  • Know which amenities are sure things. If you're buying into a community where the amenities are yet to come, be sure to confirm these details in writing. Having the builder sign off that you are buying this home because of the future pool and walking trails will show him your stance.

Our agents specialize in helping their clients understanding the home construction process. When you're interested in taking a closer look at a new construction home, they can help you find the right property to buy in Hampton Roads.

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Categories: Home Buying Real Estate Market Regional

Cities: Virginia Beach Chesapeake Norfolk Williamsburg Newport News Hampton Suffolk Yorktown Richmond

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