Many people choose new construction for their home purchase. West Lafayette and Lafayette both have seen quite a bit of new construction in the past few years. In our market, and depending on the price point, new homes typically have a similar sales price compared to existing homes, and buyers also usually realize that a new home will have lower maintenance costs. Builders’ warranties on new homes, when combined with a new roof, appliances, and major systems, usually make major repairs unnecessary. A Realtor that is experienced with the process of new construction can help ensure you get the best deal.

Census Bureau Housing Surveys suggests that operating costs are lowest for brand new homes and slightly higher for relatively new existing homes. Operating costs per square foot of living space are consistently higher for progressively older existing homes. Utility costs represent the largest factor in operating costs. Energy consumption per square foot depends on the size of the home, the insulation and quality of the windows, air leakage and the efficiency of the furnace.

New homes require fewer expenditures for routine maintenance. The cost of maintenance first increases with age, then declines, so you will generally spend less maintaining a home built before 1960 than for a home built between 1970 and 1975.

 Did you know that, for no additional cost, you can be represented by a real estate broker in conjunction with purchasing a home from a builder? Lafayette homebuilders are accustomed to working with real estate brokers and often their commission is already covered in their marketing and promotion costs. A broker can provide objectivity and guidance in designing your home and help you select amenities that will lead to a more advantageous resale. He or she can help coordinate the sale of your present home and the closing of the new one. Many brokers offer guaranteed home sale programs so that when your new home is finished, the real estate company will buy your previous home at a pre-agreed price to prevent you from owning two homes at one time; and can usually arrange the occupancy agreeable to all parties. Take advantage of using your real estate broker in conjunction with building your new home at no additional cost. Especially in Lafayette, where an improperly marketed home can sit on the market for several months, this type of help can make or break your deal.

If you are planning to build a new home in Lafayette or West Lafayette, you should take full advantage of the opportunity to design a home that meets your needs and includes all the amenities you want. Depending on your budget, some builders may or may not be able to accomodate your needs. Your Realtor can work with you one-on-one to make sure you get together with a builder who has the experience and resources necessary to make you happy. Create a professional-quality kitchen for the "gourmet cook" in the family, include space for a home office, and place the master suite at the opposite end of the house from the kids. Enjoy designing your dream home!

This may be the biggest project of your lifetime. Be certain to select a team of highly qualified professionals to work with you. Your home team should consist of a real estate salesperson, a builder, and a lender. Depending on the project, you may want to include an attorney and an architect as well. Your "Dream Team" will assure that all the legal requirements are met as your dream home is being built. Interview each member of your team and ask for references, in order to be confident you are hiring the best people for the job. You will be working closely with these professionals for many months, so choose your team carefully.

Your agent’s job is to assist you with the entire project from beginning to end. We encourage you to call us anytime, even when you just have questions. We are always enthusiastic to talk about the business, and we know that you have a lot of important issues to consider. We’re at your service…

This amazing new floorplan is available from the builder in West Lafayette, within minutes of Purdue. It is a must see…this game room functions as an entire second living room. If you’d like more space, it’s more affordable than you might think!

Building a new home has always presented a dizzying array of obstacles. Homeowners in West Lafayette now have more options to pave the way for them. Consider a 3000+ square foot home, beautifully appointed, on a quarter acre lot for under $200k. Everyday we help clients get the best price on their new home!