Buying a Home in a new SubdivisionLots of buyers in the Columbus Area like new homes. God knows there are enough builders out there all chasing new home buyers.The caveat though, is that buyers don't always like new home subdivisions. If I had a dollar for every time I heard someone say something like, "We want a newer home but we don't want a neighborhood where the houses all look the same and there are no trees to speak of." If everyone else in the subdivision just squeaked in at those lower prices to be able to afford the home they wanted, there won't be a lot of money left over for the repairs, upkeep, maintenance and improvements common to many appreciating neighborhoods that help improve property values. Take a look at a 5-10 year old subdivision by the same builder, how does it shape up on a lot by lot by lot comparison? Most builders will co-op (meaning that they will pay the real estate agent working with you the same way a seller will pay them upon completion of the transaction) and I think it is essential that all new home buyers be represented by a Realtor, in Columbus, in the burbs, everywhere. The builder is not necessarily looking out for your best interests. Of course they probably also aren't out to rip you off or substitute shoddy materials for the nicer ones you picked out but having a Realtor represent you is practically free. It is good to have someone watching your back and advocating for your best interests who has been there before and understands the building process. While it's true that I prefer working in Columbus' historic neighborhoods and usually inside I-270, I'm also hyper aware of what is going on beyond the outerbelt and I can help you chart a course through the new home buying waters. |
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Joe Peffer - Columbus Homes Blog Coldwell Banker King Thompson Columbus, OH Office Phone: (614) 324-4357 Cell Phone: (614) 940-9100 More information... Contact Joe Peffer - Columbus Homes Blog |