New Construction

After helping hundreds of clients build their dream homes I have come to realize that buyers considering new construction often can't find helpful information about the process. I've carefully put together a comprehensive selection of the information to help inform clients considering New Construction.

It’s the classic home buyer’s conundrum: Should we build an existing house, or should we buy?

Each option has its pros and cons. For example, a new build will give you the floor plan you want, but it will take months to construct. If you buy an existing home, you might have to compromise on the floor plan, but you’ll get to move in right after you close!

Before you decide on your next home, take time to explore the arguments for and against each choice with the assistance of an experienced realtor.

The Case for Building a House

Pros: According to the National Association of Realtors (NAR), the average time an existing home is on the market has hit a new low of 29 days! With homes flying off the market so quickly, competition to find an existing home can be tough. When you build a home, the competition factor decreases.

Customization is another huge pro. You’ll get to personalize the details of your house when you construct from the ground up—from the lay-out , cabinets and flooring to the sinks, lighting, paint colors and doorknobs! You can really create the home of your dreams from the ground up!

Obviously, new homes are built to meet current building codes, are often more energy efficient, and can incorporate up-to-date technology. For the first few years, you’re less likely to deal with big-ticket maintenance issues like leaky roofs or failing heating and cooling systems in a newly built home. Plus, MA homebuilders offer a one-year warranty if something should break.

Cons: So, why not build a new home? For starters, it takes an average of seven months to construct a new build, according to the National Association of Realtors. This means you’ll likely have a gap in residence between the time you sell your old place and build your new one. You’ll need to be prepared to cover the cost of renting until you can move into your newly built place. On the flip side, most buyers can move into their new-to-them home just weeks after making the initial offer.

Here’s another biggie: Most buyers go into a home purchase expecting to wheel and deal on the price. While that’s certainly common in the resale market, new homes are a little different. Usually there’s not a lot of leeway on closing costs or purchase price.

This is where having your own real estate agent comes in handy. An experienced agent like myself knows what makes the different builders in this market tick and brings a creative mind to the negotiation table. If your builder won’t bend on price I may be able to work other incentives into the contract price.

• How much does your typical buyer actually spend on upgrades?
• What’s included in the base price?
• What will be an additional cost at closing?

Knowledge is power. Work with your real estate agent to gather as much information possible about building a house so you’re not blindsided by extra costs.

The Case for Buying an Existing Home

Pros: The benefits of buying an existing home are more than financial. Buying a home is often less stressful than building one. When you build a house, you’ll have to purchase land, decide on a home design, pick out flooring, fixtures, cabinets, countertops, interior trim, exterior trim, and on and on it goes. You’ll have to do all of this and stay under your budget. Managing all the details that go along with building a home takes time and effort. Don’t underestimate the depth of stamina you’ll need to make sure it’s all done the right way.

On the other hand, purchasing an existing home is usually less stressful than building because you have fewer decisions to make about the house itself! It’s already built!

Here are some other pros for buying an existing house:
• I can help you negotiate the best deal possible. You could potentially get more bang for your buck with an existing house.
• You can move in right after you close.
• You can upgrade at your own pace as you have the time and money.

Cons: Clearly, there’s a higher risk you’ll face maintenance issues in an existing home. But a professional home inspection can root out many of those potential problems before you close on the home. You may also need to update some of the outdated features of an older home, but if you play your cards right, that old carpet and ugly wallpaper could land you a better deal.

Other cons include:
• Buyer’s remorse if you end up not loving your home’s floor plan.
• Higher energy costs if you purchase an older home.
• Neighbor remorse if you end up living next to someone who blares hard rock music at 1 a.m.

The most important detail about buying an existing home is choosing your real estate agent wisely. If you decide not to work with me (but why would you?) than be sure to choose someone who is knowledgable about existing re-sales AND new construction and will help you make informed decisions about buying an existing home.

Ready to Decide?

With all that said, every market is different—just like every buyer is different. The best way to choose the option that’s right for you is to talk it over with an experienced real estate agent-Me! I will know where the deals are, whether you’re interested in the long-time neighborhoods or the up-and-coming communities. And they’ll help you decide whether building a house or buying an existing home will suit your needs best.

Building with AMS Construction

John DuVally, Custom Builder

John DuVally, owner of AMS Home Builders Corporation, has been a proud resident of Rehoboth, Massachusetts his entire life and is an expert on all things “Rehoboth!” After working on job sites as a young man, he opened his own building company over 30 years ago. Since then he and his wife Debbie have raised 3 daughters (all with their own streets named after them!) and John has worked tirelessly to build quality custom homes and develop subdivisions in the town he loves so much.

His dedication to preserving the unique rural environment of the Rehoboth countryside is evident in his land development. He places homesites carefully and works tirelessly to protect the surrounding natural habitat of plants, animals, trees, historic stone walls and more.In addition to John’s passion for the town of Rehoboth, Clients appreciate his wealth of knowledge and years of experience in the construction industry.

Custom Design and Quality Workmanship

AMS Home Builder Corporation prides itself on its commitment to building your “forever home.” As your partner in the building process, John DuVally will invest the time and attention needed to keep its clients completely satisfied. He enjoys getting to know each and every client personally and keeps in constant communication throughout the building process. He enjoys the open exchange of information and idea sand works with each client to ensure a quality home customized to meet the specific needs of each buyer.

Rehoboth MA The Perfect Fit

The town of Rehoboth has gained increasing popularity with home buyers and is a sought after location for many reasons. Buyers love the low taxes, great schools, convenience to Boston and Providence and the serene country setting. Residents love that it is a mostly rural, suburban community with many historic sites.

Also, as a designated ‘Right to Farm Community there is a town bylaw to “protect and encourage local agriculture.” Rehoboth family farm operations currently sell: vegetables, fruit, and food products, hay, Christmas trees, plants and flowers, dairy goods, eggs, meat (beef, turkey, chicken, pork), farm livestock and domestic animals. Additionally, there are many equestrian farms and riding facilities in Rehoboth. If country living (with city conveniences nearby) appeals to you, this town might be a perfect fit.