The Pros and Cons of Buying New Construction Homes in South Florida

The Pros and Cons of Buying New Construction Homes in South Florida

By Mary Damiano

Just as new car buyers love that new car smell, many home buyers want that equivalent in their homes. There’s a certain promise about being the first person to inhabit a new home, as well as the exciting possibilities of choosing colors, floor plans, countertop materials and other design elements.

When looking to buy South Florida real estate, new construction homes are tempting, But consider these three things before you buy.

The Noise Factor
Being the first person or first family to occupy a house in a new community may seem exciting, but new communities are not quiet places. As more homes are built around the newly finished and newly occupied homes, residents will have to endure a lot of construction hassles and noise.

Resale Scenario
Sometimes moves are well-thought out and planned, and sometimes family obligations or job transfers make them sudden. While you might buy that new construction home thinking that you’ll be there for years to come, an unexpected move might be in your future. Trying to sell your home in a community that isn’t completely finished means that your already-occupied house must compete with those shiny new models being offered by your builder. This means that your relatively new home could stay on the market longer and that prospective buyers may overlook it because they want to be able to choose all those finishing touches just like you did once upon a time.

A Model Situation
Selling your house before the community is sold out means your home will be going head-to-head with model homes in your community. Model homes are designed to showcase the space and features of a home. Buyers touring model homes will see almost empty cabinets, closets and garages, smell the fresh paint and new carpet, and fantasize about themselves living in that pristine home. Your lived in, furnished house home could be seen by buyers as the reality.

Consider these factors when thinking about buying a new construction home in South Florida. Of course, there are other options, such as the many existing homes in South Florida. Check out the listings at Expert Realty. They’re sure to have your dream home, whether it’s an existing home or new construction.