Beavercreek, OH

Beavercreek Ohio New Construction Real Estate

If you are in the market for a new home anywhere in Greene or Montgomery County areas, you are in luck!
Beavercreek, Fairborn, and surrounding areas are in a tough market where deals are sure to be found. Don’t overlook the option of new construction. There are a number of quality builders in our area that would love to build your next home.
When given the alternative of buying a new home that has never been lived in versus buying a pre-existing home that doesn't exactly have the space, configuration or amenities you and your family desire, the choice becomes clear! Nothing beats a brand new home--much like enjoying the scent from a brand new car.
Benefits are abundant with residential new construction:

The operative word with residential new construction is “YOU.”

* You pick the floor plan and elevation.

* You can modify the plan within limits to fit your taste and needs. If you need bigger closets change the plan, need an open air area remove the dividing non-bearing wall between the kitchen and living room, want a side egress door with 2’ of extra space on either side in the garage because you have an SUV. It’s up to you.

* You get to pick flooring, paint, brick, counter tops, carpet, lighting & plumbing fixtures, cabinets etc.. etc...

Sounds like a great idea and in this market I’m sure to get a deal. What I tell my clients is this; the best thing about residential new construction is you get to make all the choices and decisions. The worse thing about new construction is you get to make all the choices and decisions. Sounds like tongue and cheek talk but it’s the truth. New construction done right is a large effort and responsibility. In order to get a great product at the end of construction when the occupancy permit is release you’ll need a plan and a team.

If you are in the market for a new home and are considering new construction, The Gene Group can help provide the necessary expertise to assist you in your construction project. Don’t go it alone, get all the information and protection you can get. Contact Us for more information via email or call us directly and we’d love to help you build your dream home

Many new construction homeowners think the city, government, or even the builder will ensure that the construction of your home is being performed at the highest quality and attention to detail. This simply isn't true. The city enforces minimum building codes. Although the minimum complies with the law you paid maximum price and should be confident that you are getting what you paid for. It is important that an inspection by an independent third party and be performed a three significant milestones.

1) After the foundation has been completed

2) Pre-drywall

3) Prior to close to create your punch list.

New construction is an endeavor that shouldn’t be taken lightly. Once you’ve accepted the property and the 1 year warranty has expired you inherit any and all problems that could have been caught in one of the aforementioned inspections. In addition, the buyer should not rely solely upon the assistance of the rep that sits in the model and takes your order. Many of the assistance are not licensed and represent the interest of the builder.

One common misconception I often hear with new construction buyers is that if they were to use a Realtor in the purchase of a new construction home that it would somehow cost more to purchase the property. In fact, the truth is just the opposite. Most builders have already factored in the cost of any commission that would be provided to the buyer’s Realtor as a known cost of sale. So if a buyer doesn’t bring representation then the builder gets to pocket that money you paid as profit.

Bottom line, protect yourself. You owe it to yourself to ensure you are well informed and making the best decisions possible. Don’t go into a new construction project unarmed and alone.

Real Estate is local. Understanding what you're market is doing is very important to both buyer and seller. The Beavercreek Market is unique because it has two markets North and South. This information communicates the pulse of the Beavercreek Market as a whole at a given point and changes DAILY! Your Realtor should know and understand this statistical information to be able to effectively market a seller's property or for suggesting bracketed offers for their buyers.

Beavercreek Combined Market Summary Report - November 2008

North:
Absorption Rate : 0.8 month supply on market
Activity Index : 151.1 Activity Index

South:
Absorption Rate : 1.1 month supply on market
Activity Index : 113.1 Activity Index

Price range 1,000's	Number of Active Listings	Number of Pendings	Pending Ratio	Number of Expired Listings	Number of Closings Last Six Months	Avarage List Price of Sold Homes	Average Sold Price	List to Sales Ratio	Days on Market
0 - 74,999	2	2	100%	0	0	$ 0	$ 0	0%	75
75,000- 99,999	19	6	32%	5	9	$ 93,678	$ 90,944	97%	109
100,000- 124,999	57	12	21%	33	57	$ 114,564	$ 111,795	98%	126
125,000- 149,999	211	28	13%	97	167	$ 141,704	$ 139,181	98%	149
150,000- 174,999	135	26	19%	61	144	$ 165,002	$ 159,837	97%	129
175,000- 199,999	121	14	12%	45	137	$ 188,380	$ 180,316	96%	132
200,000- 249,999	194	33	17%	133	175	$ 226,701	$ 219,138	97%	176
250,000- 299,999	109	16	15%	75	116	$ 272,386	$ 261,936	96%	155
300,000- 349,999	146	8	5%	82	68	$ 330,931	$ 320,879	97%	176
350,000- 399,999	108	8	7%	109	58	$ 386,086	$ 366,483	95%	240
400,000- 449,999	55	1	2%	36	43	$ 434,042	$ 418,360	96%	213
450,000- 499,999	80	13	16%	39	27	$ 484,863	$ 465,778	96%	167
500,000- 749,999	96	7	7%	43	20	$ 615,625	$ 568,250	92%	178
750,000- 999,999	42	0	0%	12	10	$ 815,980	$ 758,000	93%	192
1 Million +	8	0	0%	0	0	$ 0	$ 0	0%	139
Market Totals	1,383	174	13%	770	1,031	$ 328,457	$ 312,377	95%	165

 

If any of this infomation is foreign to you as a buyer or a seller feel free to contact me and my team can explain exactly how this information will be of a benefit to you.

 

Well we’ve all been told that a majority of buyers start their search for a home onthe internet and we’ve all been scurrying to capture a share of that market. Websites, SEO efforts, lead capturing companies and host of other concepts have all but filled our minds with the grandeur of fueling a portion of our businesses with an ample supply of buyers, but what do we really get with these internet opportunities; leads like asdf jkl; and Mr. & Mrs. Smith with a bogus 789-777-9311 phone number.

What I want to discuss is the buyer’s mindset. What scares a buyer into submitting erroneous information in our forms? The answer has to be fear. So what are we doing as a business that makes a buyer beware on the buy side? With buyers it is a win-win proposition. The buyer gets a professional that signs up to protect their interest at absolutely no cost. So why in the world would a buyer sign up and put Fred Flintstone as a contact? Perhaps they are truly just looking for fun just to see what’s out there. Perhaps they are dream building knowing that they can’t qualify for that house—so they think. Maybe they think the listing agent will take care of them since their sign is in the yard. Whatever it is these folks aren’t raising their hand for the much needed help in one of the biggest purchases of their life.

So, as a buyer I agree I need to scrutinize anyone I’m working with. I need to check referrals of past clients. I need to know that whomever I work with they are able to provide me the necessary INFORMATION and REPRESENTATION I need in this transaction. Outside of that the only thing to fear is fear itself!

21 Suggestions for Success:

1. Marry the right person. This one decision will determine 90% of your happiness or misery in life.

2. Work at something you enjoy and that is worthy of your time and effort.

3. Give people more than they expect and do it cheerfully.

4. Become the most positive and enthusiastic person that you know.

5. Be forgiving of yourself and others

6. Be grateful

7. Be generous

8. Persistence, persistence, persistence

9. Discipline yourself to save even on the most modest salary.

10. Treat everyone you meet like you would like to be treated.

11. Commit yourself to constant improvement.

12. Commit yourself to quality.

13. Understand that happiness is not based on possessions, power or prestige, but on

relationships with people you love and respect.

14. Be loyal.

15. Be honest.

16. Be a self starter.

17. Be decisive, even if it means you will sometimes be wrong.

18. Stop blaming others, take responsibility for every area of your life.

19. Be bold and courageous. When you look back on your life you'll regret the things you

did not do more than the things you did.

20. Take care of those that you love.

21. Don't do anything that wouldn't make your mother proud.