Looking for new construction around North Kingstown?
While exploring newer neighborhoods looking for new construction, having a knowledgeable agent at your side is vital. will help you navigate the myriad of new homes today to make an offer on the one that's a match for your family.
In real estate, negotiation is always an option. However, with new construction, it depends on the builder and the length of time that the home has been vacant. Developers in new additions like to keep prices near their asking point 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 the local market, builders have been known to allow a few concessions.
For example, if the home is pretty much move-in ready, you have little to no negotiating powers. But if the home has been sitting fully furnished, like a show or model home, and there haven't been many offers - then the builder might be willing to work with you. The longer the home has been on the market, the more the builder has invested.
In cases where a builder won't budge, ask for assistance with other aspects of the transaction. Ask for them to pay a share of the closing costs, or extra amenities, like appliance upgrades, a garage door opener, a fence 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.
Realize that just because a house is brand new, it doesn't mean that it is immune from needing repairs. 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.
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 launch the search for your new home today.