When it comes to buying a home, new construction homes have benefits. If you are considering a new home, talk with your REALTOR® about the pros and cons of buying new construction. They can help you decide whether a new construction home is right for your family. When you’re ready to begin your home search, your real estate agent can show you new homes and communities in Colorado.
Benefits of New Construction Homes
Depending on when and how you buy, you may have control over some of the details in your new home. Some builders have options for the flooring, countertops, tile, or even paint for the new construction home. If you will be purchasing from a builder before the home is completed, you may have the option to upgrade features in your new home.
However, this also means it can take longer to move into your new home. Work with your REALTOR and builder to understand how long the construction process will take. Unexpected changes could delay this estimate, so clear communication is key between the home buyer and the new home builder.
REcolorado’s Guide to Buying New Construction has more information for Colorado homebuyers considering a purchasing a new home.
New Home Communities
New homes can often be a part of a planned neighborhood or new home community. These may include community features, like common space, walking paths, basketball courts, or a community center. Ask your real estate agent if there are any homeowners association (HOA) fees for the new home to support these community areas.
If you’re considering a new home in one of these communities, visit the neighborhood before making your final decision. Potential home buyers can get to know the area and see other in-progress or completed homes. Visiting the new home community in person can help you decide if the community will fit your lifestyle.
Searching for New Homes
Any new construction home for sale listed in the MLS can be found on REcolorado’s home search site. Search New Homes in Colorado or ask your REALTOR to set up custom searches for you based on your families needs.
In addition, your real estate agent can provide information about new construction homes and communities through REcolorado Matrix MLS and your Client Portal. REcolorado recently completed a joint project with BDX to bring information about new construction listings, spec homes, plans, and communities into the MLS. This gives home shoppers a comprehensive look at the market, with the ability to see both resale homes and new construction homes in a single platform. Ask your REALTOR for more details and let them know if you’re interested in a new construction home.
If you’re looking outside of the state of Colorado, your REALTOR can also provide information through New Home Source Professional. All real estate agents who subscribe to REcolorado have access to this new construction information. This includes detailed search options and information direct from builders.
Colorado home buyers interested in learning more about new construction homes can work directly with their REALTOR. To get started, connect with an experienced Colorado REALTOR or real estate agent.
Originally published November 2, 2017 — Updated April 30, 2020