Buying a home is an exciting adventure, especially when you make the decision to purchase a new construction home. There is something overly exciting about having a home built just for you, with the finishes and features you want the most, and no unwanted dirt or debris left from previous occupants. While the list of features and pros when purchasing a new construction home seems endless, there are a few things that you may want to make sure to budget for or pay attention to.
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Oftentimes there will be multiple upgrade options available, and you can choose to modify bedrooms, patios, etc. as well as upgrade your flooring, cabinetry, countertops, nearly every aesthetic within the home seems to be upgradable. However, what many buyers fail to realize is that even though the home is new, and the upgrades seem nothing short of luxurious, there are a few things that generally are not included with your purchase that could cost you a pretty penny once you close and walk through the front door of your new home.
This is a big one. While most new construction home will provide landscaping in the front yard, the backyard is often left completely unfinished and is a large lot of dirt. If you are a part of an HOA, you generally have to submit plans for your desired landscape and wait for approval before transforming your dirt into your yard.
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Some appliances may be included such as an oven, stovetop, dishwasher or microwave, however, a few appliances may be missing. When you see items included it is easy to forget about appliances that may be needed. Common appliances that are not included with your purchase include a refrigerator as well as a washer and dryer.
Very rarely will window coverings be included in your base purchase. While some builders may offer to add them at an additional fee, if not discussed prior to closing, don’t be surprised to walk into a home that has large windows and no blinds, adding an extra expense to your purchase.
Model homes will often be adorned with stunning kitchens boasting beautiful backsplashes throughout the kitchen and bathrooms, however, this is commonly an add on to the purchase. If you want to have a backsplash, make sure to discuss the extra cost with the builder prior to closing so that you don’t walk into a kitchen that lacks the wow factor you were hoping for.
While each home builder is unique and may offer to include features that other builders may not, it is important to look over your purchase agreement in depth and ask questions so that you can understand and prepare for any items that are not included with your purchase.
If you’re currently searching for a new home, whether an existing home or new construction, are ready to sell your home and are in need of a seller’s agent, or if you have any questions regarding New York Real Estate, please feel free to contact our office at any time.