Purchasing new construction

While touring newer neighborhoods searching new construction, having a knowledgeable agent at your side is important. is here to help you navigate the seeming infinite number of new homes today to make an offer on the one that's been built for your family.

Gain an advantage when negotiating new construction in Waterville with Coldwell Banker Plourde Real Estate as your REALTOR - (207) 660-4007

In real estate, you can always negotiate. However, with new construction, it depends on the developer and the length of time that the home has been on the market. 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 what the market is doing at that point in time, developers have been known to allow a few concessions.

Say a home has been on the market a long time and the builder is deeply invested, then you have some room. The same goes for show or model homes that have been sitting for a while. However, if a home was just completed, don't count on being able to get a deal.

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. That can go the other way around, too. If upgrades are already in the contract, try to get the builder to omit them - you might be able to install them later yourself at a savings anyway.

Realize that just because a house is brand new, it doesn't mean that it is immune from needing repairs. Be sure to get a home inspection before purchase so that issues are handled and also negotiate a home warranty. Then, about 10 or 11 months after purchase it's worth it to pay for an inspection and get anything else repaired before the warranty expires.

At Coldwell Banker Plourde Real Estate, I'll make it my #1 priority to find you a new home that meets your needs and fits within your budget. Give me a call at (207) 660-4007 to begin the search for your new home today.