Three Expert Tips About Buying New Construction

McInnis Realty Group Podcast

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation

Although I primarily deal with resale properties, I still work with builders quite often and I have helped quite a few families buy newly-built homes. I have a few tips if you're planning on buying a new home here in Calgary.

1. Hiring a real estate agent is crucial when you buy new construction. Builders usually have agents representing them, looking out for their best interests. You want that same kind of assistance as a buyer. Find an agent who will work with your best interests in mind! The best part is the builder will actually end up paying their commission, so hiring a Realtor to represent you will not cost you a dime! We know which upgrades are worth paying for and which are not, and know how to negotiate with the builder to get you the best deal possible.

2. The location of the home is going to be important as well.
Make sure you're getting good guidance on the lot that you're buying. Consider where you will be on the street and where you'll be situated within the entire neighborhood. Choose lots that back up into greenspace.

3. Make sure that you have great financing. It takes a long time to build a home, and a lot of things can happen during that time.
Interest rates will definitely be rising soon, so there's going to be a big difference in your mortgage payment if you wait to build. Just because you make an offer to a builder today doesn't mean you'll receive today's interest rates. Secure financing now while interest is low.

If you have any further questions, please don't hesitate to contact me. I've helped a lot of families in Calgary buy beautiful homes, and there's no reason why you shouldn't be next!