St Louis Metro Area Real Estate BlogRecently posted or modified blog posts in the category - Building New Constructionhttps://www.thechadwilsongroup.com/blog/Copyright TheChadWilsonGroup.com2022-11-18T10:21:02-07:00tag:thechadwilsongroup.com,2012-09-20:17788Critical Questions to Ask When Choosing a Home Builder<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/Questions%20to%20Ask%20a%20Home%20Builder.png" width="750" height="275" alt="Questions to Ask a Home Builder" title="Questions to Ask a Home Builder" />
New construction has been a great option for many homebuyers in the St. Louis area who are looking for their perfect property. Buyers turn to new construction for a myriad of reasons. Nevertheless, once you decide you want to build new, choosing your builder is one of the most important decisions that you will make in the process. We recommend that you interview multiple builders with homes in your ideal areas so that you can find the right match for you. However, unless you know the business, or have built a home before, it can be difficult to know just what to expect and therefore what to even ask these builders during these interviews. To help with this, we have put together a list of some critical questions you should ask when choosing a home builder.
1. How many years have you been in business?
You want to ensure you are using a skilled and experienced builder for the best quality home. After all, this is probably your biggest investment. Ask the home builders you are considering about their years in business, number of homes they have built, etc.
When you work with a company that is stable, reputable and has been in business for a while, you can have confidence that they will still be around to stand by their work and honor any warranties they may have issued years down the road.
2. Are you willing to provide testimonials or past client references?
Reviews and testimonials are a great way to get a feel for the quality of work that a builder does and what sort of reputation they have within the community. Just like when you check reviews on any other product you consider purchasing, it is a great idea to do the same when it comes to home builders. Do not be afraid to ask for references from past clients of the builder who you can contact to ask about their experience. This is a good way to get an opinion that is as unbiased as possible. Check the builder’s reviews online, including the BBB if they are a part of it.
Keep in mind that, like anything, not all reviews are going to be glowing. Don’t be scared off by a couple of negative reviews, as it is common that all businesses have some. If you see major evidence of happy customers through both online reviews, conversations with past clients, and around the new communities themselves, trust that their experience will be a positive one. It is also a great idea to check with any family, friends, or acquaintances who have used the builder before to hear about their experiences.
3. Are you fully licensed (if required) and insured?
Some states require home builders to be licensed and some do not. At the time of this article’s writing, Missouri does not require a license. So, if you are looking for home builders in the St. Louis area, do not be surprised if the builder answers no to this question. It is best, however, to look for a builder who is fully insured, as this ensures that you will be covered if certain situations arise.
4. Where are your display homes located? If you don't have any, can I tour a home you built for another customer?
When builders develop a new neighborhood, they will often have a display home in that neighborhood that potential buyers can tour. If not, ask the builder if you might be able to view a similar display home in another neighborhood or one that they built for another customer.
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/New_Construction_Display_Home.png" width="750" height="275" alt="New Construction Display Home" title="New Construction Display Home" />
5. How long will the building take?
The builder should be able to give you an idea of how long the building process will take. This will allow you to plan for lending and sale of your current home if needed.
Keep in mind that this can, and often does, change as the building process goes on. Things like supply chain delays and weather can often affect the project timeline. In these instances, you will want a builder who will keep you in the loop if any delays arise.
6. What warranties are provided with the house?
Find out exactly what warranties will be provided with the home, and how long they are good for. Once you build, make sure you keep any paperwork pertaining to these warranties and that you understand the process for making a claim if needed.
7. Is the lot cost included?
If you are building on the builder’s land or lot, you should ask if the lot cost is included in any pricing they give you. Lots can get expensive and you don’t want any surprises down the road.
8. What are the standard finishes?
You should have a good understanding of what comes standard with the home you choose. Now this question can be tricky since it often varies from home to home. This includes things like walls, insulation, roofing, windows, garage doors, etc. Understanding what comes in the base prices will allow you to consider in your budget any upgrades you may want to make.
Additional costs can often catch buyers by surprise, especially if they haven’t built a new home before. Things like light fixtures, landscaping, blinds, appliances, and more can all come with additional fees. Make sure you ask plenty of questions and clarify with your builder exactly what is included and what is not so you can account for everything in your final budget.
9. What options and upgrades can I choose from?
Typically, the base price of a new home will include the basic finishes, with options to make certain upgrades for an additional fee. Ask the builder what upgrades may be available ahead of time so you will know what to be prepared for. One of the big reasons people choose new construction is for the ability to customize their home to their liking, so it is best to ensure the builder will allow you to choose the options you are hoping for.
10. Are you open to customizations?
Some builders will allow for customizations to their floor plans and some will not. Make sure you know ahead of time so you can factor this into your decision.
11. Can I bring my own materials or appliances, and if so, will I get credits or discounts?
While builders will typically have many options for materials and appliances to choose from, you may feel like you want to bring or supply something of your own. Not all builders allow this, so ask this question ahead of time. If they do allow it, find out if you will be provided with any credits or discounts for doing so.
12. Is landscaping included?
You should have a good understanding of exactly what is included in the price you are given. Don’t forget about landscaping and your lawn. It is easy to focus on the house itself, but the outside is just as important. Will the builder put down grass seed and straw? Is laying sod an option and how much more will it cost? Does this include the entire yard or only part of it? As we have mentioned many times, make sure you are clear on what is being included in your build and what additional items may need to be added so you do not miss anything.
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/Front_Landscaping.png" width="750" height="275" alt="New Construction Landscaping" title="New Construction Landscaping" />
13. What are your home's energy-saving features?
A great <a href="https://www.thechadwilsongroup.com/blog/benefits-of-new-construction/" title="Why Choose New Construction" target="_blank">benefit to building a new home</a> is being able to get the latest in energy-saving technology. Ask your builder to share specific energy-saving features that are included in the base prices, as well as what the upgrade options may be.
14. Does the contract include a cost escalation clause?
A cost escalation clause is a part of a contract that allows for adjustments in the cost of the build to account for fluctuations in the cost of raw materials and labor. It is common for the price of materials to change over time, and sometimes within the timeline of the build. Some builders may write into the contract the ability to adjust their fees based on those fluctuating costs. Make sure you have a clear understanding of what the contract says, so you don’t have any surprises when it comes to the final price of the home.
15. Are there any homeowners rules or regulations (HOA)?
It is important to know, especially if you are building in a neighborhood, if there is an HOA or similar authority. These authorities often have their own set of rules that dictate anything from the type of fence you can have to how many cars can be parked outside your home. While there is definitely value in having an HOA, not everyone prefers them, so knowing ahead of time and making sure the neighborhood fits your preferences is best.
16. Are there any financial incentives for using the builder's preferred lender?
Some builders may provide financial incentives if you use their preferred lender. Ask ahead of time, so you can cash in on these incentives if possible.
17. How often will I have access to the home during the building process?
One of the exciting things about building a new home is seeing the process. Most people who build new want to visit the home and see the progress as construction moves along. You should ask your builder how often you will be able to access the home while it is being built.
18. How will you stay in contact with me during the construction process?
You will want to know how the builder will communicate with you throughout the process, especially when delays and complications arise. Ask your builder how they will keep you up to date throughout the process and make sure they have a good communication plan.
19. What will be the process when complications arise?
Complications and delays are common in new construction, so don’t be too concerned when something pops up. You want a builder who will handle any problems or delays promptly and be open and clear with you about what is going on. You should ask the builder ahead of time how they handle any complications and how they will communicate these to you throughout the process.
20. What is your inspection/quality assurance process?
You want to know that a builder is overseeing the construction of your home every step of the way to ensure all steps are completed properly and thoroughly since it is common for contractors and subcontractors to be used. Ask the builder how often and when the home will be inspected throughout the build process and what quality assurance steps are taken.
You may also consider hiring your own Inspector to give a 3rd party evaluation. Find out if the builder allows this.
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/New_Home_Framing.png" width="750" height="275" alt="New Construction Home Framing" title="New Construction Home Framing" />
<a href="http://thechadwilsongroup.com/blog/building-a-home-vs-buying-a-home-7-advantages-to-building/" title="Why New Construction" target="_blank">Choosing new construction</a> for your next home is an exciting, but often overwhelming process. The more you are empowered with information and understanding from the beginning, the better you will feel.
Because of the large volume of business that <a href="https://www.thechadwilsongroup.com/about/" title="About The Chad Wilson Group" target="_blank">The Chad Wilson Group</a> does each year and the solid working relationships we have with area builders, the team is superbly equipped to advocate and <a href="https://www.thechadwilsongroup.com/buyers/building-new-construction/" title="Building New Construction" target="_blank">represent you in the home-building process</a>. From picking your subdivision and <a href="https://www.thechadwilsongroup.com/blog/choosing-new-construction-lot/" title="Choosing a Lot" target="_blank">lot</a> to which floorplan, structural options, and cosmetic upgrades you choose, we have the experience and market knowledge to help you make wise decisions. We can help you weigh options to determine which are vital for future resale, and which options are current trends. The best part? We do not charge a fee to represent you, as the sales commission is paid for by the builder.
Do you have questions about the new construction process, or are you ready to get started on your custom dream home? <a href="https://www.thechadwilsongroup.com/contact/" title="Contact The Chad Wilson Group" target="_blank">Contact us</a> today or fill out the form below!2022-01-28T07:41:00-07:002022-02-05T18:23:37-07:00Beth Carrtag:thechadwilsongroup.com,2012-09-20:15302How to Choose the Best Lot in a New Construction Neighborhood<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/Choosing%20the%20best%20lot%20header.png" width="750" height="275" alt="How to choose the best lot in a new construction neighborhood" title="How to choose the best lot in a new construction neighborhood" />
Working with a St. Louis area home builder in a new construction subdivision or development comes with a lot of important decisions. You’ll be choosing things like the floorplan, countertop material, cabinet style and color, lighting, and so much more. But these decisions are not limited to the house itself. One of the most important choices you will make in the new home building process is the lot on which you will have the home built. Choosing a builder’s lot in a subdivision for your new construction home takes a lot of careful consideration. Here are some crucial things to think about to ensure you get the best lot for your own needs and preferences.
Be familiar with the builder’s master plan for the development
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/CAL_Map_Base_File_PHASE1_ALL_102420_edited-01.png" width="440" height="293" alt="New Subdivision Master Plan" title="New Subdivision Master Plan" style="font-size: 17px; float: right;" />
Depending on how early in the age of the development you build your home, the subdivision may change drastically from the time you build to the time the builder is finished developing the subdivision. Investigate the builder’s master plan for the development. Many times, builders will develop in phases. Ask your builder what the ultimate goal is for the subdivision and get as much information as you can to help you decide on the best lot. Builders will typically be able to provide you with a map for the planned streets and amenities such as the one you see here. Maybe you want to be close to the entrance, or within walking distance of certain amenities. Knowing what is expected to be a part of the subdivision, and where everything will be is an important consideration in your decision.
Understand how the lot's location affects traffic and noise
Typically, lots closer to the entrance of a development will experience more traffic and therefore more noise, especially if the development is near major roads. Cul-de-sacs are popular choices among families with young children, since they tend to have fewer cars driving through. Corner lots, while they will experience traffic from two sides, generally have larger yards due to setback requirements. Each area has its own advantages and considerations, so it is important to think about what makes sense for your unique situation and preferences.
Think about the home’s orientation on the lot in relation to the sun
Your home’s orientation has an effect on how much sunlight the home receives throughout the day as well as other things like energy efficiency, home maintenance and more. Typically speaking, the south and west sides of a home will get the most sun exposure. If it is important to you that certain parts of the home get more sun than others, try to choose a lot that will have those sections of the home situated on the south or west sides.
Additionally, you should consider where the sun will be in relation to your outdoor spaces. Maybe you like to spend a lot of time outside on your desk or patio but don’t want the sun glaring in your face in the evening. If that is the case, you should choose a west facing home, so the backyard will be shaded as the sun goes down.
Knowing where the sun rises and falls in relation to the home’s orientation on the different lot choices will help you make the best decision for your needs.
Know how the lot’s topography fits with the basement style and yard you desire
You should decide before you even start looking at lots what type of basement you prefer. There are three types of basements: walk-outs, look-outs, and standard. The topography of the lot will determine which of those basement types is possible. If you feel strongly about the type of basement access you want or need based on your future plans for the space, make sure to let the builder know so they can let you know which lots that will be possible to do.
It is important to also think about how you want to use your outdoor spaces. Will you want a swingset or pool? Try to find a lot with fairly flat and open space in the backyard. Knowing ahead of time as much as possible what you might want to put in the yard will help you decide on a lot that fits your needs as closely as possible.
Know what is around the lot and what the plans are for that space
Make sure you know not only what is currently around the lot, but what the plans are for the future. A great practice is to ask the builder if they own the area around the lot you are considering. If they do, ask them exactly what the plans are for that space. It is important to make sure you know what to expect from the areas around your home so there are no disappointments or surprises down the road. How close will the neighboring homes be to yours? What are the views like and can you expect them to change over time? Get as much information as you can about the space immediately around the lots you are considering now and in the future.
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/Chad%20Quote.png" width="2250" height="400" alt="Ask what is the plans are for space around a lot" title="Ask what is the plans are for space around a lot" />
A common mistake we see new construction buyers make is choosing a tree-lined lot without investigating the plans for that space. They expect the trees to stay, but fail to consider that they are on another available lot and their beautiful tree lining can, and probably will be torn down at some point. If a builder owns the land surrounding a lot, they can typically tell you what the known future plans are for the space, so you can have a better idea what to expect.
Know the lot premium and consider it in your budget
Some builders include the lot cost in the price of the home and others do not. Oftentimes, the more desired lots will come at a premium price. You need to decide if certain features are worth paying more for, and if the lot premium fits within your budget.
Think about your personal preferences
Choosing the best lot for your new construction home in the St. Louis area really comes down to your personal preferences. Since everyone has different needs and desires for their home, there really is no right or wrong answer. Taking the time to carefully evaluate your own plans and desires in relation to the items listed above will help you choose the very best lot for your new construction home in a subdivision or development.
In Conclusion
The great news is, you don’t have to do any of this alone! The Chad Wilson Group has helped hundreds of people through the process of building new homes with builders in the St. Charles, St. Louis, Warren, and Lincoln Counties.
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/CWG%20New%20Construction%20Clients.png" width="960" height="540" alt="CWG New Construction Clients" title="CWG New Construction Clients" />
Our <a href="https://www.thechadwilsongroup.com/buyers/building-new-construction/" title="New Construction " target="_blank">New Construction experts</a> are powerful advocates in your corner as you negotiate upgrades, price and other terms, and we will continue to advocate for you throughout the construction process, including contract negotiations, building process, and closing, offering objective professional advice and insight. From picking your subdivision and lot to which floorplan, structural options and cosmetic upgrades you choose, we have the experience and market knowledge to help you make wise decisions. We can help you weigh options to determine which are vital for future resale, and which options are current trends. The best part? We do not charge a fee to represent you, as the sales commission is paid for by the builder.
Do you have questions about the new construction process, or are you ready to get started on your custom dream home? <a href="https://www.thechadwilsongroup.com/contact/" title="Contact The Chad Wilson Group" target="_blank">Contact us</a> today or fill out the form below!2021-09-01T14:00:00-07:002021-09-02T16:10:20-07:00Beth Carrtag:thechadwilsongroup.com,2012-09-20:151167 Things to Consider When Buying Land to Build in the St. Louis Area<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/Buying_Land_St_Louis.png" width="750" height="275" alt="Buying Land St. Louis" title="Buying Land St. Louis" />
Are you considering buying land to build your own custom home? Lately it seems more and more people are choosing to go this route. However, it isn’t as simple as picking a piece of land and getting started. There are some important things you need to know before you even begin your search. Our land and real estate experts share 7 things you should know before buying land to build on in the St. Louis area.
1. Consider the Location & Area Growth
You probably have at least an idea of where you would like to live. When making this decision, for any home purchase, it is important to be aware of what future plans might exist for an area to ensure they fit your desired environment for the foreseeable future. For example, you may be looking for land in a secluded area, away from the hustle and bustle of city life. If this is what you are hoping for, make sure you look into recent and projected growth for the area, and find out any plans for development around the land. This way, you won’t be disappointed when, in a few years, new shops and developments start to move in and take away from the views and atmosphere you expected.
2. Understand the Lot’s Build-Readiness
Not all land is created equal when it comes to building. It is extremely important to note the build-readiness of the land you are considering purchasing. Many people buy a piece of land because it looks nice or because it is in a great location, but fail to investigate the time or costs that would be associated with preparing the land to build a home, or if a home can even be built there at all! This is where having an experienced real estate agent can pay off big time. If it is not build-ready, you can expect to incur additional expenses to get it to that point. This is a cost you MUST consider since it can get expensive, and failing to do so can put you over your budget and leave you with a piece of land that you are unable to use for your intended purpose.
Build-ready land is ready for immediate construction, given that all permits have been properly secured, and is usually the preferred land type for banks when securing a loan, since it comes with the least risk. This is also the land that will come with the fewest additional expenses, since it already has many of the things it needs, like utilities, road access, etc.
You should pay careful attention during your land search to ensure that you know exactly what you are getting before you consider writing an offer. We recommend that you consult an experienced and trusted home builder at this point in the process who can assist you with evaluating your build options for any piece of land.
We caught up with Katie Bassmann, Sales Manager with Lombardo Homes, who shared with us some information about their <a href="https://lombardohomes.com/community/anywhere-lombardo/" title="Anywhere Lombardo" target="_blank">Anywhere Lombardo</a> program, and how they can help you evaluate and build on your own land. She shared, “We have a dedicated team that works with our build-on-your-lot customers in helping build their dream home. We can build an Anywhere Lombardo home anywhere within St. Louis, St. Charles, Lincoln, Franklin, Warren, and Jefferson counties.”
Katie went on to say, “During your homesite visit, we will help you determine the views and orientation for your new home, as well as discuss your ideal outdoor living style. We want to ensure your home and your homesite complement each other perfectly. We will also start researching attributes unique to your homesite, which we refer to as due diligence. We will collect information on the boundary survey, topography, test pits, environmental studies, and more.”
<a href="https://www.thechadwilsongroup.com/st-charles-county/lots-and-acreage/" title="Search St Charles County Land for Sale" target="_blank"><img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/Search%20St%20Charles%20County%20Land%20for%20Sale.png" width="249" height="166" alt="Search St Charles County Land for Sale" title="Search St Charles County Land for Sale" /></a> <a href="https://www.thechadwilsongroup.com/st-louis-county/lots-and-acreage/" title="Search St Louis County Land for Sale" target="_blank"><img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/Search%20St%20Louis%20County%20Land%20for%20Sale.png" width="249" height="166" alt="Search St Louis County Land for Sale" title="Search St Louis County Land for Sale" /></a>
<a href="https://www.thechadwilsongroup.com/lincoln-county/lots-and-acreage/" title="Search Lincoln County Land for Sale" target="_blank"><img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/Search%20Lincoln%20County%20Land%20for%20Sale.png" width="249" height="166" alt="Search Lincoln County Land for Sale" title="Search Lincoln County Land for Sale" /></a> <a href="https://www.thechadwilsongroup.com/warren-county/lots-and-acreage/" title="Search Warren County Land for Sale" target="_blank"><img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/Search%20Warren%20County%20Land%20for%20Sale.png" width="249" height="166" alt="Search Warren County Land for Sale" title="Search Warren County Land for Sale" /></a>
3. Be Aware of Zoning and Ordinances
A crucial step before purchasing land to build on, is to check with the governing authorities to verify that a home can actually be built there. Jurisdictions have land that is zoned for a particular use, and if the land is not zoned for residential use, you will be unable to obtain the necessary permits to build a home. Without this important piece of information, you risk buying land that, if your goal is to build a home, is essentially useless.
You should also keep in mind any ordinances that cover the area. Many municipalities in the St. Louis area have their own ordinances that govern things like local law enforcement, parks, roads, trash service, and what is and isn't allowed when it comes to your home. You should be aware of these, so you don’t run into any conflicts down the road.
4. Know if There is an HOA or Similar Authority
If you are looking at land located within a subdivision or already developed community, it is highly likely that community is also governed by a Homeowners Association or similar authority. HOAs usually involve more restrictive and specific covenants, such as how many cars can park outside the home, what type of fencing material is allowed, and even what color your front door can be. Often, owning a home within a subdivision with an HOA also includes yearly fees to help with any neighborhood amenities, like pools, clubhouses, or trails. You want to make sure you know about this ahead of time and take it into consideration.
5. Check for Utilities and Road Access
As mentioned earlier, you will need to know if the property includes utilities, as these are a vital component of a livable home. The most basic utilities include electricity, gas, phone, internet, water, and sewage. If a property does not include these utilities, it can be quite a hassle and become quite expensive to get them there. Although not necessarily impossible, this is something you will absolutely need to find out before you make an offer on a lot, so you can consider what is necessary in your home-building budget and timeline. Choosing a build-ready lot is typically the simplest way to get started since the utilities are already there.
In addition to utilities, it’s important to ensure you have a legal way to access it, especially if it does not include access to public roadways. This means ensuring that you have a way to get to the property without driving on private property that belongs to neighbors. This is most likely in rural settings, where property might be land-locked. In some cases, obtaining the rights to add a roadway to access the property may require obtaining an easement, which is the right to use land legally owned by someone else for a specific purpose, such as a roadway to your property. Depending on the neighbors, gaining an easement can become costly, time consuming, and flat out stressful. You should also check to see if there is an easement on the title of the land you are considering purchasing, so you can be aware and factor this into your decision to purchase.
6. Perform the Necessary Environmental Tests
Much like a home inspection and background research on an existing home you are considering for purchase, land must be tested and checked before buying it to build a home. You will need to have tests run on the land for things like soil contamination, flooding, and soil conditions. All of these affect the ability to build a home, and while they may not outrule putting a structure there, they can bring unexpected expenses in order to do so. Taking the extra care to evaluate the land before you purchase it can save a lot of time, money, and headaches down the road.
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/Buying_Land.png" width="750" height="200" alt="Buying land quote" title="Buying land quote" />
7. Work With a Trusted Real Estate Agent and Home Builder
Working with a trusted real estate agent who is familiar with the land purchase and build process can save you time and money, and help ensure there are no surprises. Also, real estate agents often have access to additional resources for listings, which will broaden your search and give you more options when looking for land.
It is also a good idea to consult a home builder before writing an offer on a piece of land to ensure that you fully understand what will need to be done to prepare the land, and all of the costs associated with building on that piece of land. That way, you will be fully prepared and can ensure that you are keeping within your budget.
<a href="https://www.thechadwilsongroup.com/about/" title="About The Chad Wilson Group" target="_blank">The Chad Wilson Group</a> has experience working with many new home builders in the St. Louis area and can help you evaluate which one fits your needs best and facilitate the process from start to finish. The expertise of our agents, along with trusted partnerships with area home builders, like Lombardo Homes, ensures that our clients are seeing the whole picture when they consider the costs to purchase land to build a custom home.
The Bottom Line
There are many things to know about buying land to build a home, and it can be overwhelming for many people. Having an experienced real estate agent can take a huge weight off your shoulders during your land search and can save you valuable time and money. An agent will make sure you know the right questions to ask and what to look for to ensure you are buying exactly what you are looking for. They will also be in your corner throughout the process of evaluating the land, negotiating prices, and closing the property.
The Chad Wilson Group has experience working with many new home builders in the St. Louis area and can help you evaluate which one fits your needs best and facilitate the process from start to finish.
Are You Thinking About Selling Land?
More and more, our team is seeing buyers looking to purchase land to build their own custom home. With the rise in land interest, many who have been sitting on land are finding now is a great time to sell. The Chad Wilson Group has helped many people buy and sell land, and would love the opportunity to serve you.
If you are looking for land to build a custom home, or if you have land you are considering selling, there has never been a better time! Contact us using the form below for a free, no obligation consultation with one of our land experts to get started.2021-08-18T14:40:00-07:002021-08-20T11:00:54-07:00Beth Carrtag:thechadwilsongroup.com,2012-09-20:14390Why Choose New Construction For Your Next Home Purchase [Infographic]When The Chad Wilson Group works with clients who are looking for a home, we often begin with a list of the clients' needs and wants so they can decide which homes to view in the St. Louis area. This helps to narrow down what their perfect home looks like so they can be confident in their home purchase. But what happens when a buyer can’t find, or can’t secure a contract on what they consider the perfect home?
In the <a href="https://www.thechadwilsongroup.com/blog/why-now-may-be-the-best-time-to-sell-your-home/" title="St. Louis area real estate market" target="_blank">current sellers’ market</a>, buyers in the resale market are finding it more difficult to secure a contract, as the buyer pool exceeds the number of homes for sale in the St. Louis Metropolitan area. This means sellers are getting top dollar for their homes, but many potential sellers are hesitant because they are worried about finding a home to move into. If you are thinking about moving, and taking advantage of the market, but are concerned about finding a home to move into, you should know that resale is not your only option. Homebuilders in St. Louis, St. Charles, Warren, and Lincoln Counties are seeing more and more buyers choosing new construction for a multitude of reasons.
Mike Price, Division Sales Manager for <a href="https://lombardohomes.com/" title="Lombardo Homes Missouri" target="_blank">Lombardo Homes</a> shared, “New construction homes are selling at a faster pace than we forecasted. Many clients who weren’t originally in the market for a new construction home are finding themselves in our sales offices and displays. The lack of resale homes on the market combined with current bidding wars and losing out on multiple homes within the existing real estate market have pushed these clients to homebuilding. Once they have the opportunity to see what’s available to them, these clients love that they can secure a homesite and floor plan, skip the bidding war, and customize their home to suit their lifestyle perfectly.”
Whether you can’t find what you want on the resale market, you want the ability to choose exactly what your next home looks like, or you are just looking for that “new home” feel, new construction in the St. Louis area may be the best solution for you. Let’s take a look at a few of the reasons area buyers are choosing to build new.
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/Why_Choose_New_Construction_Infographic.png" width="880" height="1755" alt="Why Choose New Construction" title="Why Choose New Construction" />
Custom Options
When you build new, you get to choose features and layouts that fit your unique needs and desires. This means that you can have exactly what you want in your home from the beginning without needing to make costly updates or modifications.
Low-Cost Maintenance
Since new construction homes are built with the most up-to-date materials and codes, and everything in the home is new, you won’t have to worry about costly maintenance. Modern plumbing, wiring, technology, appliances and more mean you won’t have to worry about something major failing any time soon, incurring large expenses.
Energy-Efficiency
Energy-efficient appliances and systems, with the latest technology using modern construction, means lower utility bills.
New Home Warranty
New homes come with a warranty giving you peace of mind knowing that you won’t be stuck with major repair bills during the warranty period. Not typical without extra costs for resale.
Modern Designs For Today’s Lifestyle
Home preferences often change over time. <a href="https://www.thechadwilsongroup.com/blog/how-covid-19-has-changed-what-your-dream-home-looks-like/" title="How COVID-19 changed what home buyers want" target="_blank">COVID-19 changed the way we use our homes</a> and left many homeowners with new ideas of what their ideal home looks like. Building a new home means you will find more modern floor plans with space for things like a home office or recreation room to meet more current preferences.
The Latest Technology
You can incorporate the latest technology in your new home from the beginning. Smart home options such as learning thermostats, smart controls, and the latest security systems mean you will be connected and secure in your home.
If you would like to read more about the advantages of building a home versus buying a resale home, see our other <a href="https://www.thechadwilsongroup.com/blog/building-a-home-vs-buying-a-home-7-advantages-to-building/" title="New construction vs resale market" target="_blank">blog post</a>, which goes into more detail about what new construction has to offer that resale does not.
Looking for New Construction in the St. Louis area?
See new construction homes for sale in each county by clicking the links below.
<a href="https://www.thechadwilsongroup.com/st-charles-county/new-construction/" title="St Charles County New Construction" target="_blank">St Charles County New Construction Homes for Sale</a>
<a href="https://www.thechadwilsongroup.com/st-louis-county/new-construction/" title="St Louis County New Construction" target="_blank">St Louis County New Construction Homes for Sale</a>
<a href="https://www.thechadwilsongroup.com/lincoln-county/new-construction/" title="Lincoln County New Construction" target="_blank">Lincoln County New Construction Homes for Sale</a>
<a href="https://www.thechadwilsongroup.com/warren-county/new-construction/" title="Warren County New Construction" target="_blank">Warren County New Construction Homes for Sale</a>
In Conclusion
If you are thinking about choosing new construction in the St. Louis area, let us <a href="https://www.thechadwilsongroup.com/blog/6-reasons-why-you-need-a-realtor-for-buying-a-new-construction-home/" title="Why you need a realtor for new construction" target="_blank">share our expertise</a> with you! One of our Buyer Specialists will conduct a needs/wants analysis with you to help you find the right builder, subdivision, and home design for you. Our full-service team will guide you through the process of building your new home step-by-step to deliver an exceptional customer experience. We understand that your home is not only your family’s foundation but also one of your largest investments. Our New Construction experts are powerful advocates in your corner as you negotiate upgrades, price and other terms, and we will continue to work for you throughout the construction process.
The Chad Wilson Group can help you with your new construction build in a subdivision, on your own land, or in the purchase of an existing inventory home. <a href="https://www.thechadwilsongroup.com/contact/" title="Contact The Chad Wilson Group" target="_blank">Contact us</a> today to get your questions answered, or to get started!2021-06-10T21:18:00-07:002021-06-21T10:32:37-07:00Beth Carrtag:thechadwilsongroup.com,2012-09-20:6639Building a Home vs Buying a Home: 7 Advantages to Building<img src="https://assets.site-static.com/userfiles/1688/image/Blog/Home_Buying_Blog_Images/_Advantages_to_Building_a_New_Home_Comparing_Building_vs_Buying_Resale.png" width="750" height="275" alt="7 Advantages to Building a New Home: Comparing Building vs Buying Resale" title="7 Advantages to Building a New Home: Comparing Building vs Buying Resale" />
Take a short drive just about anywhere in <a href="https://www.thechadwilsongroup.com/st-charles-county/" title="View Homes for Sale in St. Charles County" target="_blank">St. Charles County</a>, and definitely in Western St. Charles County, and you are bound to find the telltale signs of new construction homes: Homes in framing with house wrap, cement trucks, cranes, and tradesmen. Oh yes, and mud, lots of mud. Some of the fastest growing communities within Missouri, including <a href="https://www.thechadwilsongroup.com/wentzville/" title="View Homes for Sale in Wentzville" target="_blank">Wentzville</a>, <a href="https://www.thechadwilsongroup.com/lake-st-louis/" title="View Homes for Sale in Lake St. Louis" target="_blank">Lake St. Louis</a>, and <a href="https://www.thechadwilsongroup.com/ofallon/" title="View Homes for Sale in O'Fallon" target="_blank">O’Fallon</a>, still have undeveloped land that builders are snapping up as new construction homes continue to be in high demand. Recently there has been a boom in new construction within nearby <a href="https://www.thechadwilsongroup.com/wright-city" title="View Homes for Sale in Wright City" target="_blank">Wright City</a> on the eastern end of <a href="https://www.thechadwilsongroup.com/warren-county/" title="View Warren County Homes For Sale" target="_blank">Warren County</a>.
It is important for any REALTOR® serving these areas to regularly attend new construction training to be best equipped with building expertise which translates into added value to buyer clients. Because of our commitment to training, our agents are powerful advocates throughout the home-building process; they provide insight during design and selection, expert skill during contract negotiations, and advocacy as the home takes shape.
Our buyers choose new construction for many reasons. Here are the top 7 advantages to building a new construction home vs. buying resale.
#1 - Bypassing Competitive Buyer Market
In the St. Louis metro area, our sellers have experienced a strong selling market for several years. What is a seller’s market in real estate? It means that there are more real estate buyers than there are sellers or homes for sale. In a strong selling market you tend to see appreciating home prices, lower days on market, and multiple offers on homes. Year-to-date April 2020, the average days on market for listed homes in St. Charles County is just 17 days.
So what does that look like if you are <a href="https://www.thechadwilsongroup.com/buyers/" title="Buying a home in STL Metro area" target="_blank">planning to buy</a>? Well, it is a competitive market for homes especially at homes at or below the average sale price in the area. Buyers may experience bidding wars, homes going under contract before they can even schedule a showing to personally see the home, and compromising to find a home to fit their wants and needs.
Some buyers choose to bypass the competitive resale market in favor of new construction.
#2 - Customization
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/Home_Buying_Blog_Images/Blog_Roll_Images/Customization.jpg" width="750" height="300" alt="Customization" title="Customization" />
Rarely will a resale home reflect all of your preferences, your wants and your needs. Certainly, there is always compromise and a give and take process. If the resale homes’ features don’t match your taste or your needs, are you able to renovate? Many times the answer is no or it would just be easier or more cost efficient to start from scratch.
In building a new home, you have control over every feature, layout, floorplan, subdivision, and so much more. This customization allows you to get what you want the first time around.
#3 - Getting the Newest in Construction Practices, Energy Efficiencies, and Technological Advances
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/Home_Buying_Blog_Images/Blog_Roll_Images/Smart_Homes.jpg" width="750" height="300" alt="Smart Homes" title="Smart Homes" />
A new construction home provides a buyer with the newest products and innovations to give buyers a connected smart home and an energy-efficient home.
Our homes become smarter every year. Smart home technology is built into many of the new construction homes nowadays. With home automation you have the ability to connect your home to wifi to allow you to monitor your home on the go from your phone. Smart home features include control of lights, thermostats, home security, music/internet, appliances, window shades, irrigation systems and more. Undoubtedly, this list will continue to grow each year.
Other innovative products currently being built into these new construction homes in the St. Louis area are radon-mitigation systems installed to give peace of mind, plumbing manifold system to minimize joints in the water lines, and behind-the-walls pest shield systems. Also, for the techies out there, built-in speakers are also common in today’s new construction home.
Newer building codes and technological advances have led to better home energy efficiency which translates into direct benefits to buyers:
Saving money on lower energy costs to heat and cool the home
Saving money on lower water utility costs with low flow toilets
Increase the peace within the home by decreasing the outside noise
Many St. Louis area builders incorporate the following energy-efficient, behind-the-walls construction techniques, standards, and products into the home construction as they build a high-performance home.
Insulated window panes
Window flashing tape
Insulated homes (better insulation and home wraps)
Spray-foam insulation
Duct sealing
Energy-efficient appliances, including water heaters
High-efficiency heating and cooling systems
Sometimes these features are standard in the base cost, and sometimes they are upgrades. Make sure to check with your builder for their specifications.
The “pros” of having an energy-efficient home are the energy savings and lower carbon footprint, but the “con” is that these homes can be so tight that the builder needs to have a plan for ventilation and moisture control within the home. Discuss humidity controls with your builder in the new construction process and when living in the home to ventilate the home allowing it to breathe.
#4 - Fewer Repairs and Less Maintenance Costs Early On
The first several years in a new home, annual maintenance and repair costs are much lower because everything is new and many items are under warranty. New construction home buyers will likely enjoy a reprieve from many unexpected home repairs and annual maintenance at least for a few years.
#5 - Modern Designs for Today’s Lifestyle
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/Home_Buying_Blog_Images/Blog_Roll_Images/Modern_Designs_for_Todays_Lifestyle.jpg" width="750" height="300" alt="Modern Designs for Today's Lifestyle" title="Modern Designs for Today's Lifestyle" />
Home preferences change over time. In an older resale home, you might find less space, storage, and bathrooms. You might also find rooms that were popular in years gone by, but aren’t in demand today like living rooms and dining rooms.
With new construction, you will find modern floor plans that were designed for the needs of today’s lifestyle, like open floor plans, main-floor restrooms, larger bedrooms, main-floor or second-floor laundry, and mud rooms. Rooms that today’s buyers are looking for now are home offices, flex space, and home workout areas. Today’s lifestyle calls for more smart storage options, walk-in closets, larger garages or garages with bump outs. Buyers also are looking for open-concept floor plans and 9’ or higher ceilings. In building new construction, you can opt for any or all of these features.
#6 - Builder Home Warranty
There is a peace of mind in building a new construction home with a trusted builder, as builders in the St. Louis metro area typically offer a 7- to 10-year home warranty for structural defects. Some builders may even offer warranties for basement waterproofing. Oftentimes, they provide for walkthroughs a couple of times during the first year in the home to address small issues that may have arisen that are covered under a 1-year builder limited warranty.
#7 - Emotional Connection
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/Home_Buying_Blog_Images/Blog_Roll_Images/Emotional_Connectional.jpg" width="750" height="300" alt="Emotional Connection" title="Emotional Connection" />
Finally, we find that our clients that build their home often have a stronger emotional connection to that home. The end result is the product of a dream and image they had of their perfect home, and is often a labor of love.
Conclusion
Let us share our expertise with you. Hire us to represent you on your new construction build in a subdivision, on your own land, or in the purchase of an existing inventory home! Or visit our new construction home search pages to view new construction homes near you listed for sale.
<a href="https://www.thechadwilsongroup.com/st-charles-county/new-construction/" title="St Charles County New Construction Homes for Sale" target="_blank">St Charles County New Construction Homes for Sale</a>
<a href="https://www.thechadwilsongroup.com/st-louis-county/new-construction/" title="St Louis County New Construction Homes for Sale" target="_blank">St Louis County New Construction Homes for Sale</a>
<a href="https://www.thechadwilsongroup.com/lincoln-county/new-construction/" title="Lincoln County New Construction Homes for Sale" target="_blank">Lincoln County New Construction Homes for Sale</a>
<a href="https://www.thechadwilsongroup.com/warren-county/new-construction/" title="Warren County New Construction Homes for Sale" target="_blank">Warren County New Construction Homes for Sale</a>
Not all new construction homes are listed on the MLS, so without an expert to guide you on local area new construction builders and subdivisions, you might miss an opportunity. Contact us to help you find new construction homes or to put you in touch with area builders.2020-05-27T11:31:00-07:002022-10-28T12:54:34-07:00Jennifer Smithtag:thechadwilsongroup.com,2012-09-20:65796 Reasons Why You Need a REALTOR® for Buying a New Construction Home<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction/6_Reasons_Why_You_Need_a_REALTOR_for_Buying_New_Construction.png" width="750" height="275" alt="6 Reasons Why You Need a REALTOR for Buying New Construction" title="6 Reasons Why You Need a REALTOR for Buying New Construction" />
The Greater St. Louis Metro area offers plenty of opportunities for building new construction homes throughout <a href="https://www.thechadwilsongroup.com/st-louis-county/" title="Homes for Sale in St. Louis County" target="_blank">St. Louis</a>, <a href="https://www.thechadwilsongroup.com/st-charles-county/" title="Homes for Sale in St. Charles County" target="_blank">St. Charles</a>, <a href="https://www.thechadwilsongroup.com/warren-county/" title="Homes for Sale in Warren County" target="_blank">Warren</a>, and <a href="https://www.thechadwilsongroup.com/lincoln-county/" title="Homes for Sale in Lincoln County" target="_blank">Lincoln</a> Counties. In fact, according to the <a href="https://www.sccmo.org/203/Community-Development" title="Visit St Charles County Community Development website" target="_blank">St. Charles County Community Development</a> department, new single family housing permits issued are up nearly 14% for the first four months of 2020 vs. the same period in 2019.
Buyers considering a move often choose to build a new construction home for a couple of reasons. First, in the Greater St. Louis Metro area, MLS listing inventory of resale homes continues to be tight; therefore, there are not a lot of options available to find a home that meets all of their needs and wants, without making too many compromises. Also, many home buyers desire a home built under newer codes with increased safety and efficiencies. While buyers have to be patient as they wait for the home to be built, the tradeoff for a more efficient product may be worth it. Finally, many buyers want to do a custom build to add all the options and features that will accommodate their lifestyle, preferences, needs, and wants.
While it may be tempting to start your new home search by touring builder-decorated display homes, it is important to first seek out the advice of a trusted real estate professional. Here are six reasons why a home buyer should contact a REALTOR® before talking to builders and the builders' sales representatives:
Reason #1 - The builder sales representative works for the builder
Sales managers work for the builder. While they are well-versed on the builder’s product, their job is to make sure their employer is profitable on each home they build. Without a REALTOR® as their advocate, home buyers are alone on their side of the table to negotiate the best home they can build for their budget.
A REALTOR® experienced in new construction works for you. New construction experts are powerful advocates in your corner as you negotiate upgrades, price and other terms and will continue to advocate for you throughout the construction process, including contract negotiations, building process, and closing, offering objective professional advice and insight.
Reason #2 - A REALTOR® specializing in new construction understands popular builder incentives
An experienced new construction real estate agent will have a solid working relationship with local builder representatives and an understanding of incentives that are commonly offered, which gives them an advantage in negotiating a better price and better options for you.
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New%20Construction%20Subdivision.jpg" width="750" height="300" alt="New Construction Home" title="New Construction Home" />
Reason #3 - A REALTOR® specializing in new construction knows the builders and the subdivisions
An experienced REALTOR® will provide an “apples-to-apples” comparison between builders. They should have a good pulse on local builders’ reputations for quality, construction standards, and home warranty packages. A REALTOR® will know the floorplans offered within the community, the longer-term plans for the subdivision including plans for future phases. They can also research what current homes in the subdivision are selling for, and what a new construction home sold for (listings that are listed on the MLS).
Also, it can be confusing to find all new construction homes offered for sale in the St. Louis metro area. Different builders have varied approaches to advertising their homes for sale. Some builders advertise every lot that they list for sale on the local MLS. Some builders advertise just their display homes and inventory homes for sale. And some builders do not use the MLS at all to sell their homes. A real estate professional can provide a complete portfolio of new construction subdivisions, including "coming soon" subdivisions in the planning phase. While not comprehensive of all options available to you, a good place to start your search is to set up a search for new construction homes listed on the MLS here on our website: <a href="https://www.thechadwilsongroup.com/st-charles-county/new-construction/" title="Search St. Charles County New Construction Homes for Sale" target="_blank">St. Charles County new construction</a>, <a href="https://www.thechadwilsongroup.com/st-louis-county/new-construction/" title="Search St. Louis County New Construction Homes for Sale" target="_blank">St. Louis County new construction</a>, <a href="https://www.thechadwilsongroup.com/lincoln-county/new-construction/" title="Search Lincoln County New Construction Homes for Sale" target="_blank">Lincoln County new construction</a>, and <a href="https://www.thechadwilsongroup.com/warren-county/new-construction/" title="Search Warren County New Construction Homes for Sale" target="_blank">Warren County new construction</a>.
The real estate professional that you hire can also help you find a custom builder to build on you on your own lot. Several of the larger local builders like <a href="https://anywherelombardo.com/missouri" title="Visit the Anywhere Lombardo website" target="_blank">Lombardo Homes</a> are offering custom builds on your own lot. If you are interested in a custom build, set up a search for lots on our website here: <a href="https://www.thechadwilsongroup.com/st-charles-county/lots-and-acreage/" title="St. Charles County Lots for Sale" target="_blank">St. Charles County lots,</a> <a href="https://www.thechadwilsongroup.com/st-louis-county/lots-and-acreage/" title="St. Louis County Lots for Sale" target="_blank">St. Louis County lots</a>, <a href="https://www.thechadwilsongroup.com/lincoln-county/lots-and-acreage/" title="Lincoln County Lots for Sale" target="_blank">Lincoln County lots</a>, and <a href="https://www.thechadwilsongroup.com/warren-county/lots-and-acreage/" title="Warren County Lots for Sale" target="_blank">Warren County lots</a>.
Reason #4 - A local real estate professional has connections to the best local vendors in St. Louis
During your home’s construction, you will need a home inspector, mortgage lender, movers, temporary housing, and much more. Your experienced and local REALTOR® will connect you with the best professionals in the area to assist you on your home-building journey. A high-performing real estate agent or team will have an established database of local professionals that they trust for whatever service you may need.
It is important to <a href="https://www.thechadwilsongroup.com/buyers/mortgage-pre-approval/" title="Get Preapproved for a Mortgage" target="_blank">get pre-approved for a mortgage</a> before you start touring homes, so that you have a solid idea of your purchasing power. The lenders that your REALTOR® knows and trusts will have a proven track record and excellent communication, even on nights and weekends.
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/New_Construction_Buyers_in_St_Charles_County.png" width="960" height="465" alt="New Construction Buyers in St Charles County" title="New Construction Buyers in St Charles County" />
Reason #5 - Experienced REALTORS® know which options provide value
Decisions, decisions, decisions. From picking your subdivision and lot, to which floorplan, structural options and cosmetic upgrades, a REALTOR® has the experience and market knowledge to help you make wise financial decisions. They can help you weigh options to determine which are vital for future resale, and which options are current trends.
Having an expert on your side to help you negotiate the allowances and make the best choices on upgrades can really make a difference on the value of the home. When buyers are trying to decide “do I add upgraded flooring or do I put in a bay window and which one is better for after-market resale value”, a REALTOR® can offer expert advice to help you best allocate your home-spending budget.
Reason #6 - Many times the REALTOR®'s service is free
And best of all, hiring a new construction specialist's service is free to you, as the sales commission is paid for by the builder. The most common objective that we hear from buyers is that they feel like they can get a home for "cheaper" by not hiring a real estate professional. However what many don't know is that in the St. Louis area, most builders have already factored the buyer agent's commission as a marketing expense that isn't directly attached to the home.
<img src="https://assets.site-static.com/userfiles/1688/image/Blog/Home%20Construction.jpg" width="750" height="300" alt="New Home Construction" title="New Home Construction" />With so many choices of builders, options, communities, and structural components throughout the St. Louis Metro Area, the process can seem overwhelming. One of our new construction buyer specialists will help you narrow and prioritize your search to help you make the right decision for you and for your family. We have helped hundreds buyers build the home of their dreams. In fact, in 2019, 37% of our buyers built new construction.
Because of the large volume of business that The Chad Wilson Group does each year and the solid working relationships we have with area builders, the team is superbly equipped to advocate and represent you in the home-building process.
If you are interested in building new construction for your next home, contact us first by filling out the form below. 2020-05-18T12:57:00-07:002022-11-18T10:21:02-07:00Jennifer Smith