Purchasing new construction

If you're touring newer neighborhoods hunting new construction, having an experienced Realtor at your side is important. is here to help you navigate the myriad of new homes today to make an offer on the one that's a match for your family.

Gain an advantage when negotiating new construction in El Reno with Preferred Properties, R.E. as your real estate agent - 405-262-6020

In real estate, you can always negotiate. However, with new construction, it depends on the builder and the length of time that 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, developers have been known to allow a few concessions.

For example, if a home has been on the market a long time and the builder has a lot sunk into it, then you have some room. The same goes for show or model homes that have been sitting for a while. However, if a home was recently finished, it's unlikely you'll get a deal.

You can always ask for assistance in other ways when purchasing new construction. For example, closing costs are one way for you to save without lowering the price of the house. The same goes for amenities - ask for things appliance upgrades, a garage door opener, a sprinkler system or landscaping, or an extended home warranty.That can go the other way around, too. If upgrades are already in the plan, see if you can get the builder to omit them - you might be able to install them later yourself at a savings anyway.

Realize that just because a home is brand new, it doesn't mean that it is immune from needing repairs. 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.

At Preferred Properties, R.E., I'll make it my #1 priority to find you a new home that meets your needs and fits within your budget. Give me a call at 405-262-6020 to start the search for your new home today.

Looking to Buy?

Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

Your Information
Some Details