By With the boom that is taking place with the new construction, there are many buyers looking to buy a completely new house where they will be the first to dwell. In addition to the many options available, you will be amazed at the variety of prices in the same community. The factors that affect the price of new houses are as follows;
Size
Usually, the bigger the housing area is, the higher the cost will be. This is measured by square foot or meters, depending on where you live. It is not only the living space inside, but also the size and even the shape of the patio. While this is an important factor, do not think this is all influences.
Luxury Items
In some cases, you will see it as little more expensive than the big houses. So you must check the inside luxury items which are available as the standard factor i.e. already integrated into the housing and you cannot remove because they are part of the style of construction.
It may be that instead of carpets, there are expensive floors, kitchen cabinets of better quality as made of wood instead of cardboard, kitchen countertops in granite, marble or quartz and Jacuzzi and sophisticated bathroom equipment among other things.
Location
A question that many are asking is why if they are on the same street, there is so much difference in price, even if they have exactly the same size and the same characteristics.
It also affects whether it is in a conservation area or the view that is in the yard or the front, or if it is located in a golf community, if you have immediate access to golf course, they all will be more expensive.
The ‘Upgrades’
One thing are the luxury items that already come as standard on the property and you cannot remove and the other aspect is the possibility of ‘upgrades’. Many builders will put them at certain houses with the goal of making them more attractive for sale, or because they are their model homes, which make the price difference between similar houses in size and models.
Some Tips When You Go to See the New Houses
- Ask the price of the house you like.
- Clarify everything and do not be embarrassed to ask about all the things you see. Remember that you see it as a model.
- Ask how much it costs to put the extras you are watching and compared. Keep in mind that some of these things represent improvements that you can make in long-term but do not greatly increase the amount of loan or the monthly mortgage payment.
One of the great advantages of buying a new home construction is that you can set it almost as you wish. Sure, there are restrictions, but there are many details that can be made to your full taste. Some of them are as follows;
Garage for More than Two Cars
As standard individual houses there is space for two-car garage, but if you have teenage children, who will soon have their driver’s license or you will have other relatives to live with you, this is valuable aspect.
Pool
The pool is one of the most desired facility by families, but building it when you move is a hassle. You can avoid if you request the builder when he is in building the house. If you want, ask if to include that extra on the price of the house, and thus, you do not incur another loan.
Additional Room
If you really like a model home, but do not have the number of rooms you need, you ask if you get the option to add a room. So you buy the model home that you really like, but tailored to your needs.
Terrace and Patio
Builders are quite complacent about delivering your home with terrace included, or make a patio with the features you want like putting patio slabs or integrate a barbecue to get an outdoor kitchen.
Style of Doors and Windows
The doors of new houses are usually pretty basic and sometimes do not represent the type of housing that is behind it. If you care about the first impression, choose a finer or elaborate the standards of the community door. There are times when you can also borrow up to an additional sliding door to bring more light into the house.
Your Favorite Colors
They say the colors you like are a reflection of your personality. This is some of the details where the builder is usually more willing to accommodate your taste. You can select your favorite in all areas of the house and usually this has no additional cost if you choose within the range of paints that builder previously selected.
Higher Quality Cabinets
They say love comes through the kitchen, and for many the value of the house as well and the cabinets are key to this; a good wood and non-pressboard make the difference. The height and color of the cabinets are also important and depend on the preference of the buyer. If the home you are buying has laminate cabinets, ask quotation for the change and whether it is reasonable if there is increase in price.
