Whether you’re a first-time buyer, part of a growing family, or looking to downsize later in life, a new build home can be the perfect choice. However, with so many myths and opinions surrounding new builds and the buying process, how can you be sure it’s the right move? Here are our top tips for finding and buying your dream new home.
Do Your Research
Once you’ve decided on the location you’d like to live in, start researching the developers in the area. Look through their websites, check social media reviews, and, if there are open sites nearby, visit to get a sense of the neighborhood and the quality of the houses already built.
Check the Development Plans
Don’t just focus on the plot you’re interested in—review the overall development plans. This will give you insight into future construction phases, potential noise, and the final look of the community. It’s also worth checking local planning applications for any upcoming projects that could affect your quality of life.
Do the Maths
When choosing a new home, account for any additional costs. While new homes are move-in ready, luxury upgrades or finishing touches may require extra budgeting. Make sure to include these in your overall financial plan.
Understand Your Warranty
Most new build homes come with a 10-year warranty that covers various aspects of your property. Be sure to understand what is and isn’t covered, such as structural defects or cosmetic flaws. Review the terms carefully and consider additional coverage if necessary.
Consider the Value of Your Home
While a new build might be your dream home now, it’s important to consider its resale value. Factors such as location, local amenities, and the quality of the build will influence its future market value. Think of the property as a long-term investment.
Inspect Your New Home Thoroughly
Even though your home is newly built, it’s common for snags to occur. Most developers have an aftercare team to address these issues. Inspect your home carefully, identify any problems, and have them rectified so you can start enjoying your new home as soon as possible.
Buying a new build home is a significant investment, but with the right preparation, it can be a smooth and rewarding experience. By researching thoroughly, understanding all the costs, and knowing what to look for, you can make an informed decision that ensures your new home meets your expectations and provides a solid foundation for your future.
Happy house hunting!