Buying a New Construction Home in the CA Bay Area
First off, good for you! There are a few big positives to buying a new construction house. You get to be the first person (or the first family) to put your stamp on the place and call it home. Everything in the residence is brand new, from the flooring and paint to the appliances and fixtures. And you get to be involved in the design and customization process, choosing the colors, floorplan, and overall look that you love.
With that said, there are a few unique hurdles to buying a new construction home as well. For one thing, you will be negotiating with a building or development company, which can be very different from dealing with an owner. Also, you’ll have to pay close attention to the timeline, to make sure that the home will be built and ready to move into when you and your family are prepared to move.
If you are leaning toward buying a new construction home in the California Bay area, here are a few tips to help you along the way.
- Choose an area: Where do you want to live? Between Cupertino, Willow Glen, Campbell, Fremont, Belmont, and San Mateo, the Bay Area real estate scene can vary quite a bit depending on where you are. Choosing your preferred city will narrow the scope of your search and help you focus on key builders and developments in those areas.
- Find an agent: Find an ally in a real estate agent who you trust. If possible, find an agent with specific experience in new construction projects. You want someone who can help you navigate the landscape of builders and developers, to help you find something in your preferred price range and geographical area. Just be sure to steer clear of agents who have an affiliation with one specific builder. Your agent is there to give you honest, unbiased advice, and he or she can’t do that if they have a personal stake in one developer.
- Pay visits to a few model homes: Just because you are buying a new construction home doesn’t mean you won’t be going out to look at houses. Most builders have model or spec homes that they can show potential buyers to give them an idea of layout, style, size, appearance, and feel. Seeing a few model homes can give you an idea of what you want in your home and which builders you prefer.
- Research the builder: Once you’ve seen a few model homes and found a builder or two you like, do some homework. Read some reviews about the builder and try to get a sense of what past buyers did or did not like about working with this company. No developer will have a 100% positivity rating, but if there are red flag issues that past customers keep bringing up, you might want to look elsewhere.
- Work with your agent and builder to customize your home: One of the best things about buying a new construction home is getting to add customizations. You probably aren’t going to buy the exact model home that you saw. Instead, you’ll select a variation on that floorplan. You might get choices on flooring, fixtures, cabinets, outdoor improvements (such as decks), and more. Design something that suits you, but be careful about over-improving. You don’t want to end up with by far the most beautiful and most expensive home in the neighborhood; you will struggle to sell it if you ever decide to move.
- Negotiate wisely: Builders know precisely how much they spent on a house, so you aren’t going to have much leeway in price when you negotiate the purchase of a new construction home. Try to get extra perks thrown into the deal, such as the builder paying closing costs or paying for you to sod or seed the lawn. These negotiations are more likely to fly.
- Get an inspection: A new house is perfect and unspoiled, so no need for an inspection, right? Wrong. You need a quality review to make sure the builder held up their end of the bargain and built the house according to your specs and all relevant building standards.
Buying a new construction home is the perfect way to get just what you want out of your house. And with the booming real estate scenes in Bay Area cities such as Cupertino and San Mateo, there are many developers just waiting to add your home to the map!
At Twinley Homes, we have a deeply rooted network of home builders. If you are looking for a brand-new house, but don’t necessarily want to go through the lengthy customization and construction process, we might be able to help you find what you need.
Additionally, with our network of resources and experience in the industry; we can assist sellers with our ability to make cash offers and ensure a fast, problem free transaction. Perhaps your house is in major disrepair or you’re facing structural or environmental problems or need to avoid foreclosure; we can help.
To learn more about us and what we do, contact us or give us a call right away at 408-909-8946.