Are you considering new homes in Windsor Ontario? Buying new construction is not the same as purchasing an older property. Here are some of the pros:
1. Everything is brand new.
2. You are not buying a home from a sentimental buyer.
3. Builders often offer incentives and upgrades
4. You get to choose what you want.
For buyers who prefer new construction as opposed to older, it’s easy to understand why. There is usually ample storage space, builders provide a warranty in case anything breaks or needs, and again, everything is clean and shiny! But there are also some things every buyer should consider when buying new homes in Windsor Ontario or anyplace else:
1. You are living in a cookie cutter style home and neighbourhood.
2. Landscaping may take years to mature.
3. Subdivisions often require a longer commute to work or downtown.
4. Homes are often on less land and can be very close to neighbours which result in lack of privacy.
5. No guarantees on how the neighbourhood will turn out.
When buying a new home in a new development, extra research is required. For example, what is the builder’s reputation? Go online and read what is available about the developer and take the time to walk around any of their other projects. Also, when looking at properties, remember that the agent at the front desk is working for the builder, not for you. They won’t tell you anything they don’t want you to know, so be sure you take your agent with you at the very first visit.
Here are some other tips to help you get started in your new home search:
1. Look online for listings and ask your real estate agent to find new homes to see.
2. Once you find a home you like, drive around the neighbourhood. Do you like what you see? If other home owners are moving in, talk to them and get their impressions.
3. Ask if there are Homeowner’s Association Fees as well as rules that owners need to abide by. Keep in mind that some can be quite strict, like not allowing outside storage sheds, or only particular outside paint colours. If this is the case, then ask what are the penalties and how do they enforce.
4. Will the house be ready for wireless internet and cable? Most usually are, but find out what cable companies service your area.
5. If your new home is one of the first developed, you will be hearing the sounds of construction and heavy trucks for possibly many months.
6. Ask your agent about the location. Are any new businesses coming into the area? What about schools? If you have a view lot, can anything be built that would obscure it? What are the zoning laws? Are they planning to build a prison nearby or anything else that would quickly bring down the value of your new home?
7. Don’t be fooled by the model homes. Remember, they almost always have every upgrade with the highest quality materials such as appliances, built-ins, flooring and beautiful custom-made closets and storage. These all add up. Find out what is included and what is not.
8. When checking out a builder, make sure they have no liens against their company and that their accounts are all paid up to date. How do you do this? Ask the subcontractors how they like working for the builder. If there is a problem, believe me, they will usually say something. The last thing you want is to put down a deposit and show up one day to see workers have left the site due to not getting paid on time. Chances are, your real estate agent should know this information as well. Builders with excellent reputations are well-known in the real estate industry.
The good news is that today, thanks to the Internet, buyers are more educated than ever. More often than not, a buyer will do his or her research on a builder before they even walk into their latest housing development. And usually, buyers of new homes know exactly what they want in a home, which is the latest in appliances and open floor plans.
Again, always talk to your real estate agent and get as much information as possible before signing a contract. The last thing you need are any surprises that can cost you money.