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New Homes

  • How does the pricing work for new construction?

    December 13, 2023

    If you are building a home from the ground up, the pricing works like this: Lot Premium + Base Price of the Home + Additional Upgrades = final purchase price If you [...]

  • How much should I budget for closing costs?

    December 13, 2023

    The estimated budget for closing costs tends to fluctuate, but as a general guideline, allocating around 2% of the home’s purchase price is advisable. For instance, if the final purchase price is [...]

  • List of items that are usually not included in new build homes

    December 13, 2023

    When budgeting for your new home, keep in mind there are several items that builders may not include in the home. These are items such as: *Landscaping *Window Coverings *Refrigerator *Washer and [...]

  • What’s the incentive for purchasing a new home vs. a resale home?

    December 13, 2023

    Building a new home offers a myriad of benefits compared to purchasing a resale home. One of the key advantages is customization. When building from scratch, homeowners have the freedom to tailor [...]

  • What if I’m currently building a home and decide I want to cancel my contract? What happens?

    December 13, 2023

    Life happens! And *sometimes* builders are sympathetic. It really depends on the market and the house itself. If it is a seller’s market and there is a lot of demand for the [...]

  • How long does the builder have to build my home?

    December 13, 2023

    In Colorado, builders have 2 years to complete the home.

  • Will builders make changes or modifications during the build process?

    December 13, 2023

    Likely no. And if they do, it will cost you. Builders have to submit the structural plans to the city and county before they can begin construction. If they need to make [...]

  • How do payment options work? Are there financing options available?

    December 13, 2023

    Each builder works a little differently, but they will all require you prequalify either with their in-house mortgage company or their selected lender. YOU DO NOT HAVE TO USE THEIR LENDER. However, in most [...]

  • How is the builder’s customer service post-move-in, and what support is available in case of issues or concerns?

    December 13, 2023

    This one varies by builder. Most builders offer a 1, 2-5, and 10-year warranty. The one-year warranty is like a bumper-to-bumper warranty. Within that first year, the builder will come back and [...]

  • Can I visit the construction site during the building process?

    December 13, 2023

    Absolutely! My recommendation is to visit on Sundays when there are fewer contractors working on the home. Always let your builder know when you plan to visit the site as for many [...]

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