How to Get The Extra Features and Still Save Big on a Newly Built Home?
1. Be the First Buyer — or the Last Buyer
Developing a new neighborhood often takes many years. The first buyers will have to deal with all the headaches that come with living in a subdivision under construction: constant truck traffic, nonexistent lawns, and few neighbors. As more houses are sold, the development attracts more attention, and it becomes easier for the developer to sell more homes.
For this reason, builders are willing to offer better deals to early buyers. If you can accept the headaches that nearby construction can bring, buying the first house in a new subdivision is a great way to save money.
Somewhat paradoxically, buyers can also get great deals on the last house. By that point, builders are eager to wrap up the project and move on, and will be more willing to cut a deal if you’re buying the last home in a newly built subdivision.
2. Buy a Model
Sometimes, though not always, the last house for sale in a development is a model home. If you’ve been shopping for a new house, you’ve probably walked through dozens of model homes — those houses builders construct on the edge of new subdivisions to show buyers what they’ll be getting….