Frequently Asked Questions about Purchasing a New Construction

New Construction

Purchasing a new construction in Jacksonville can be a fabulous investment for the right homeowner.

With new construction in Jacksonville readily available, many at fantastic prices, now may be the time to purchase a new construction that fulfills all of the must-haves on your dream home list.

Below are some of the most commonly asked questions about purchasing a newly constructed Jacksonville property:

Q: What are the benefits of purchasing a new construction?

A: Perhaps the biggest benefit of purchasing a new construction is that you can fully customize the home according to your wishes, needs and desires. From the building materials, designer finishes and color schemes, the choice is yours regarding every detail of your Jacksonville home.

Q: Is there room for price negotiation on a new construction?

A: Absolutely! It is a common misconception that there is no room for negotiation for a new construction. Just like sellers of previously owned homes, builders of new construction are also carrying a loan that they want to pay off. You may be able to negotiate a better price if the builder is further along into the construction process of the community.

Q: Does new construction communities have homeowners associations?

A: For the most part, if your new construction is located in a community, you will likely need to pay HOA fees. It is therefore best to ask questions regarding the HOA’s fees, covenants and restrictions before making the decision to build or purchase a home in a particular community.

Q: How do I know what plans the builder has for the surrounding land?

A: Many times, buyers who purchase a new construction are surrounded by undeveloped land. It is therefore important to ask plenty of questions about the neighborhood, and what kind of construction will take place in the future. Ask the developer or the builder about their overall vision for the community, so that you can get a better idea whether the community is right for you.

new construction (11) Florida new construction (3) new home construction (5) Jacksonville new construction (1) Jacksonville Florida new construction (1)