Things To Consider Before Building A New Home In Port St Lucie Florida

Dated: 12/02/2015

Views: 646

Here are some things to consider before deciding to build a new home. First, before walking into any builder, development or model home, give me a call. I'm glad to help! 

Don't forget to follow me on Facebook at http://https://www.facebook.com/RichardMcKinneyResultsTeam/


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At a glance, many buyers consider new homes as simply a part of the overall pool of available homes for sale.

But, in reality, new homes are very different from resale homes.

When you consider buying a resale home, it’s “there” and you can see exactly what the seller is offering for sale.

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New homes are different because there are relatively few completed new homes for sale at any given time.

That’s because few builders can afford (or obtain financing) to build a large number of unsold homes.

That means buyers must base their buying decision upon viewing a model home or reviewing building plans.

Buyers who are “visual” often struggle to understand a set of blueprints as they try to make one of the biggest financial decisions of their life.

Buyers who choose to build a new home must also make numerous decisions, including lot selection, plan development/changes, and dozens of selections for everything that will go into their new home.

Building a new home requires a tremendous amount of communication between builder and buyer that doesn’t exist in a resale home transaction.

Another consideration is the time that’s required to build a new home.

Production homes (non-custom homes) can often be completed in about 100-150 days following issuance of the building permit.

Custom homes usually take 240 days or more after permit issuance, depending upon a variety of factors, including developing plans, getting construction bids, and other considerations.

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Buying or building a new home can be exciting, but it’s a very different proposition than buying an existing home that can be seen, touched, and be yours after a short escrow period.

If you’re interested in buying or building a new home, give me a call at 772.370.8631 or http://treasurecoastmls.com

I’ve helped many of my clients buy/build new homes over the years and would be happy to answer any questions you may have about the new home market.

Richard McKinney

I have been selling real estate in South Florida since 1998 with a specialization in homes, town homes and condos in St Lucie and Martin Counties. My service areas include the cities of Port Saint Luc....

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