Having the right agent on board is crucial when shopping for new construction, and is here to help you navigate through your options in the North Kingstown area.
In real estate, you can always negotiate. However, with new construction, it depends on the builder and how long the home has been vacant. Developers in new additions avoid bending on price because buyers 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, a developer 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 recently finished, 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 sprinkler system 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 remove them - you might be able to install them later yourself at a savings anyway.
While you should always negotiate a home warranty so problems can be fixed, it's also imperative you get a home inspection before closing. Inevitable problems can be repaired (by the builder) before you move in and larger problems identified before they become your problem. 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 Greater R.I. Properties, LLC, 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
401-932-9005 to start the search for your new home today.