As a real estate agent who has personally navigated the intricate process of building three new construction homes and assisted clients in the same journey, I can attest to the importance of understanding the hidden costs that often accompany the excitement of creating a brand-new home. Transparency is crucial when building a new construction home!
🏡Upgrades: 5%-25% of the Purchase Price
One of the most common pitfalls in the new construction process is underestimating the cost of upgrades. Upgrades, ranging from high-end finishes to structural changes, can accumulate and represent a significant percentage of the overall purchase price.
🌴Landscaping/Patio
Think privacy landscaping in addition to a patio to create an additional outdoor oasis. Screens, fences, and outdoor kitchens can add up quickly as well!
🧊Water Treatment System
Ensuring clean and safe water is a priority for any homeowner! Here in North Florida this is almost a necessity after closing.
👩🏽🍳Appliances
In Nocatee new construction homes generally come with a base level stove, dishwasher and oven only!
🪟Window Coverings
Custom blinds, curtains, or shades tailored to the new home’s design can be an unexpected yet essential expense.
💦Gutters
Proper drainage is crucial for maintaining a home’s integrity. Investing in a quality gutter system is vital to protect the property from water damage and mold on siding.
🛋️New Furnishings
Existing furniture may not complement the aesthetics of a freshly built space. Let’s be honest- no one wants to put old furniture in a brand new home.
Understanding and planning for these hidden costs is paramount in ensuring a smooth and enjoyable experience for homebuyers embarking on the exciting journey of constructing a new home. I specialize in helping clients decide what upgrades are best to be done with the builder, and which upgrades make more sense financially to do after closing by a third party.
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