Looking for new construction around Laramie?
Having the right agent at your side is crucial when shopping for new construction, and is here to help you navigate through your options in the Laramie area.
Gain an advantage when negotiating new construction in Laramie with Aspen Real Estate of Laramie – (307) 755-5200
In real estate, negotiation is always an option. However, with new construction, it depends on the builder and how long the home has been on the market. Developers in new additions like to keep prices near their asking point because homeowners already in the area expect new construction to be comparably priced to what they already purchased. (You’ll appreciate that same courtesy if there are undeveloped lots near the home you eventually purchase!) But, depending on how far along the project is and current market conditions, builders have been known to allow a few concessions.
For example, if it’s a recently completed home, you have little to no negotiating powers. But if the home has been sitting fully furnished, like a show or model home, and there haven’t been many offers – then the builder might be willing to work with you. The longer the home has been on the market, the more the builder has invested.
In situations where a builder won’t budge, try getting a break in other areas. Ask for them to pay a share of the closing costs, or extra amenities, like appliance upgrades, a garage door opener, a fence or landscaping, or an extended home warranty.Or take the contrary route. If a home is nearing completion, you can often save money by passing on suggested upgrades from the builder and installing things yourself.
Just because a home is brand new, it can still have its share of flaws. Be sure to get a home inspection before purchase so that issues are handled and also negotiate a home warranty. Then, about 10 or 11 months after purchase it’s worth it to pay for an inspection and get anything else repaired before the warranty expires.