Tips When Considering a New Construction Home

Many areas of the Twin Cities are seeing an increase in new construction developments. Here are some tips that we’ve compiled if you are considering building a house.

First Steps
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  • Before you go and look at any new construction models, meet with Team Lucky Duck to learn about the new construction process and get any initial questions answered. They will discuss your wants and needs and help coordinate meetings with different builders.
  • Read reviews and ask for references for the builders you are considering. Take some time to understand what past clients have said about the building process and the final product.
  • Many times a builder will have their own preferred lender. As the buyer, feel free to get pre-approved with another lender so that you can compare costs and see what is the best option for you.

During the Design
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  • If the budget is tight, focus on things that would be very difficult to change in the future, like square footage, window placement and the layout of the space. Things like upgraded appliances, light fixtures and carpet can all be changed after moving in or when your budget allows for it.
  • Tour model homes to get ideas before your selection meetings to get ideas and solidify your decisions. Usually, any changes made after your final selections are solidified result in a change order fee. Make sure you are comfortable with the choices you’ve made so that you can help to avoid any additional fees for changes.
  • Ask if there are any additional follow up meetings. Some builders have walk throughs with the job supervisor and your realtor at different stages through the building process.

Throughout the Building Process
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  • Attend the meetings and walk throughs as your builder recommends. Team Lucky Duck attends those meetings with you.
  • Choose your lender and lock your rate.
  • Secure your home owners insurance.
  • This is a good time to reach out to other vendors you may be working with in the future like landscapers, window treatment providers or gutter companies.

After the Move
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  • Builders usually provide a warranty that covers many parts of the house. Be sure to familiarize yourself with it so that you could utilize it instead of paying out-of-pocket for issues that could be covered.
  • Enjoy your new home!

If you are considering a new construction home, please let us know. We’d love to help guide you through the process.

 

 

 

 

 

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