It's crucial to have the right agent as your partner when shopping for new construction, and is here to help you navigate through your options in the Rice Lake area.
In real estate, you can always negotiate. However, with new construction, it depends on the builder and how long the home has been available. 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 current market conditions, a builder will often 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 finished, don't count on being able to get a deal.
In cases where a builder won't budge, try getting a break in other areas. Ask for help with the closing costs, or additional amenities, like appliance upgrades, 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.
While you should always negotiate a home warranty so problems can be fixed, get a home inspection before your purchase regardless. Inevitable problems can be repaired (by the builder) before you move in and larger problems identified before it's too late. Since an inspection is relatively inexpensive, some new home buyers get an inspection after being in the home for 10 or 11 months - that way, the builder can make the repairs before a 1 year warranty expires.
At RE/MAX Advantage, 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
(715) 736-7000 to launch the search for your new home today.
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