Purchasing new construction

If you're driving through newer neighborhoods seeking new construction, having an experienced Realtor at your side can be the difference between a good home buying experience and a bad one. will be your guide when navigating the seeming infinite number of new homes today to pick one that's perfect for you.

Gain an advantage when negotiating new construction in Annapolis with Berkshire Hathaway Home Services PenFed Realty as your agent - 410-647-8000 ext. 817

In real estate, you can always negotiate. However, with new construction, it depends on the builder and the length of time that the home has been on the market. Developers in new additions don't like taking lower than their asking 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 the local market, a developer will often allow a few concessions.

Consider a home has been on the market a while and the builder has a lot sunk into it, 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 recently finished, it's unlikely you'll get a deal.

In situations where a builder won't budge, try getting a break with other aspects of the transaction. Ask for them to pay a share of the closing costs, or additional amenities, like an allowance for window treatments, a garage door opener, a sprinkler system or landscaping, or an extended home warranty. Or take the contrary route. If a home is nearing completion, you can often save money by passing on suggested upgrades from the builder and installing things yourself.

Just because a house is brand new, it can still have its share of flaws. 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.

Finding you a new home that meets your needs and matches your budget will be my #1 goal. Give me a call at 410-647-8000 ext. 817 to begin the search for your new home today.

Looking to Buy?

Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

Your Information
Some Details