If there is one thing to be said about the current real estate market in Southern New England, it’s that today’s house hunters certainly have no shortage of affordable or even foreclosed property purchasing choices. One option house hunters tend to overlook is the possibility of buying a newly built home. Although new homes can sell at a higher price per square foot, the outcome is a move-in ready home buying situation.
Compared to previously owned homes and foreclosures, newly built homes offer custom and updated features. Often times the home buyer can customize the final choices throughout the house, such as granite lighting and finishing touches to their own taste.
Customization: It is common for home builders to allow home buyers to choose final details throughout a newly built home. Builders often realize this helps home buyers to create a personalized living space, which is an attractive addition to the home buying experience. New home buyers, for example, are typically able to choose types of flooring, interior and exterior paint colors, lighting fixtures, counter tops, etc. And, if you choose to purchase a newly built home early enough in the building process, builders will typically inquire about appliance placement, design of cabinetry and so much more. The earlier in the construction process you choose to purchase a newly built home, the more customization options you are likely to be involved in throughout the property.
Repairs & Maintenance: Perhaps the most beneficial part of purchasing a newly built home is knowing everything is new! Repairs and maintenance for a newly built home are most often very minimal. You will know for sure how old machinery is within the home, such as a hot water heater, furnace, pipes, wiring, etc. The features of newly constructed homes should also hold up better than those of existing homes, which may have experienced years of wear and tear.
New Construction Warranty: It is common in newly built home construction for builders to insure their work. As a result, some builders agree to make any necessary repairs to the property for the first year you own the home. This adds a little security to new homes owners knowing there is a safety net in the event the roof starts leaking or the heater breaks during the warranty period.
New Build Financing Options: It is possible new home buyers will be able to take advantage of mortgage financing perks available through their builder. In some situations, builders use their own mortgage company. A builder may even offer home buyers paying points or closing costs and buy down certain rates for the home buyer. Speaking to a mortgage professional and the home builder will help to clarify financing options.
Newly Build Featured Property
BRAND NEW HOME – There is still time to pick granite, flooring, etc.! This home, located close to Lake Blair, Spring Lake and all major travel routes, will have 3 bedrooms, 2.5 bathrooms, master suite, a bonus flex room, hardwood floors throughout the first floor, central air and granite! Laundry room to be conveniently located on the second floor, and no shortage of space between the full basement and 2 car garage. Choose your granite, lighting, final touches and color schemes! Builder will throw in an appliance credit! The home will have an elegant fieldstone face to enjoy while relaxing on the front porch! We are only a short time away from completion so there is plenty of time to get the kids registered for school! See the full real estate listing here>>> https://www.noonanlombardirealtors.com/idx/mls-1230471-3_pine_lane_north_smithfield_ri_02896
Noonan Lombardi Realtors offers access to the largest inventory of real estate in Rhode Island, Massachusetts and Connecticut, using the most powerful search tool on the market. We are transforming the way consumers make home-related decisions and connect with professionals. Based on our wealth of experience in the real estate markets across Rhode Island, Massachusetts and Connecticut, we feel confident you will be pleasantly pleased with the real estate services we provide, as we strive to meet each client’s specific needs, every single time. Centrally located at Remax Properties in Smithfield, Rhode Island, Noonan Lombardi and Associates is located at 696 Douglas Pike, Smithfield, RI 02917. Call us today for all your Southern New England real estate needs. Phone: (401) 580-8672