Have you been considering new construction as a possibility in your new home search? If so, let us provide you with great information about the process and help you better understand the benefits of purchasing new construction. Designing a home to fit your family’s specific needs is just the beginning.
As you dive deeper into your new construction research you’ll learn there are also many financial, safety, and security benefits associated with purchasing new construction. For this reason, it’s important to do your homework and learn as much as you can about each builder, the homes and communities they build, and the incentives they offer.
Build your dream home
Probably the number one reason buyers choose to go the new construction route is that it gives them the ability to design a custom home that fits their exact needs. Some new communities offer more freedom and creativity in the design process than others, but in most scenarios, you’ll be able to add your own special touches.
We recently discovered one particular community that offers many upgrade and flexibility options. Downtown Brambleton, a townhome community by Van Metre Homes in Brambleton, Virginia, features a state-of-the-art design studio and hands a lot of the design control over to the buyer. Another very unique accent in these large, 3000-square-foot townhomes, is the option to add a rooftop terrace that covers the entire length of the floor-plan.
Amenities and access
Today’s buyers want walkability and entertainment in and around the communities where they live. Developers recognize this and are increasingly building communities both near shopping districts and equipped with added amenities. Gone is the time when a pool would cut it—today you’ll find neighborhoods with dog parks, hiking trails, full gyms, bike paths, basketball/tennis courts, and much more.
One perfect example of this is Hager’s Crossing in Hagerstown, Maryland. This community not only offers a pool, but also tennis courts, a clubhouse, playgrounds, basketball courts, and a fitness center. Access to shops, schools, and highways is also of utmost importance when shopping for a home. For example, Hager’s Crossing is conveniently located right off Interstate 81 and US Highway 40. You’ll also find the neighborhood’s proximity to shops and restaurants extremely attractive.
Financing options
While researching your options for new construction, be sure to find out what (if any) incentives the builder is offering. Most builders have a preferred lender and sometimes even a preferred title company they want you to use.
You absolutely do not have to go with their recommendations, but in many cases, the incentives are hard to pass up. Richmond American Homes in Washington County, Maryland, recommends HomeAmerican Mortgage and offers $7,500 to cover closing costs if you choose to use them. Van Metre Homes in Loudoun County, Virginia, also offers a $7,500 closing cost incentive if you use their preferred lender and title company. That little extra can definitely help as you get into the process of designing a new house. There are many advantages to purchasing new construction. On top of attractive financing options, amenities, and the freedom to design your perfect home, new constructions also come with new systems, appliances, roofs, and warranties on most of the equipment—in many cases a safer option for first-time home buyers. Through your online research, you’ll find there are many communities being developed and constructed right now. Whether you’re looking for the gas-lamp lit streets of Downtown Brambleton or the nature-centric vibe of Cambria Cove, the options are vast.
