Moving into a New Build Home

Real Estate London

Moving in to a new build home is very exciting! You pick the colours, the landscape and sometimes even the layout to create your dream home. There are a few important elements you should think about when building your home that many first time builders find surprising.

New builds come with extra costs

It’s important to remember that the price tag of a new build home doesn’t always cover everything you need. Here are a few extra costs when purchasing a new build.

– Finishing basement
– Landscaping
– Fencing
– Window Coverings
– Appliances

How you prioritize these items is up to you, but make sure you include them when budgeting for your new build.

Properties are developing neighbourhoods

When looking at new build properties, it’s important to remember the current landscape you’re moving into will likely look much different in 5-10 years.

Here are some things you may want to research to ensure your neighbourhood will have everything you’re looking for once the development has fully matured. You can find most answers by contacting your city hall.

– What school district is the property currently in and will there be a change once it’s completed? Is there a new school being built?
– Are there any condos or apartment buildings planned in the next 5-10 years?
– Will there be commercial developments going in nearby? Coffee shops? High end grocery stores? Or corporate offices?
– Is that beautiful forest behind your home protected, or could it be torn down in the future for more development?

New builds are construction zones

And remember, when moving into a new development there will be construction. This means dust and mud for potentially the next few years depending what stage you move in. But things will get better! Remember, it takes up to 10 years for a neighbourhood to fully mature, so be patent. Once its complete you’ll be living in your dream home and it will all be worth it!

Looking to move into a new build? I have some available in Southwestern Ontario! Find out more HERE and give me a call.



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