Buying a New Construction home in Detroit Lakes, MN
Are you thinking of buying a New Construction home in the Detroit Lakes area? The thought of buying a new home is very enticing to many prospective home owners. Who wouldn't want a brand new house that nobody else has lived in? You get to pick out your own design, own colors and finishes, and everything is brand new!! There are many things one needs to consider when buying a new construction home. Here are some of the main things to consider when deciding to purchase a New Construction home in Detroit Lakes.
Lot Information
The first item that you will want to consider is the neighborhood and the specific lot within that neighborhood. You will want to know if it's a newer development or if the development is almost complete. With a newer development you might have your pick of the best lots, but you will also be contending with construction for some time. Is there going to be an HOA? Are there restrictive covenants in place? Does the development have any amenities? How close will you be to your neighbors?
Upgrades and Finishes
This is where you can begin to put your personal touches on your new home! Ask your agent if there are any upgrades available. Find out what the upgrades will cost you. Sometimes you may want to slighlty alter the floor plan. If you are looking to do this see if it's possible and also get the cost of the change order. If there are covenants or an HOA, are you allowed to choose your exterior colors and landscaping. Is a deck included?
Who is the Builder
You will want to know who the builder is. Are you able to bring your own builder or is the same builder doing all of the houses in the development? Can they show you a model or provide you with references? The wrong builder can turn your dream into a nightmare, so be sure to know who you are dealing with.
Warranty Information
Finally, you want to get all the information you can on the included new home warranty. What does it cover? How long does it last? One year? Two, Three? Does the coverage change over time? Also if you are think you may sell before the warranty expires, is it transferrable to the new owner?
Current New Construction homes for sale in Detroit Lakes MN
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