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The reason to buy a new home from a builder as opposed to an existing resale normally comes down to a few points. A newly built home has never been lived in, the ability for a buyer to pick options, and a new home has warranty on everything for at least a year sometimes more. These tend to be the predominant comments I get from home buyers. The question each individual needs to determine is if these reason out weight the increase in price over existing homes for sale. A home buyer can only decide this based on their individual needs, as an agent I will give options and advice based on those needs.
With this in mind, the community build by Ryland Homes, the Centreville Crossing Leesburg model is listed 14% higher than the 32 current listings within a 2 mile radius. The biggest difference in the majority of the active listings included is they are townhomes. Analyzing averages of comparables can be a moving
target but in the hands of a skilled real estate agent can be fruitful. The Centreville Crossing communities are condominiums which create some basic differences but can give direction to buyers negotiating with Ryland Homes. New home builders are generally open to negotiations but they will not divulge this for obvious reasons. This is why buyers in Northern Va should have an agent to represent them who are skilled in negotiating with new home builders. Here is an article, Negotiating with new home Builders in Northern VA, that describes in more detail some tactics in negotiating new homes.
Those in the market to buy a home should also keep in mind association fees when considering affordability. These fees can be considerable depending on what is included, like Centreville Crossings $207 fee includes the Master Insurance, trash, and water. Many first time home buyers forget or are not aware of other expenses associated with being a home owner. These kinds of fees can make homes more or less attractive when on the market. With all these and many other considerations buyers should have a real estate agent when visiting Centreville Crossing or any other new community in Northern Va.
Joey Remondino is a full time Realtor and Broker with StoneHouse Realty Inc. Specializing in residential real estate in Northern Virginia including Centreville, Chantilly, Falls Church, Gainesville, Mclean, Reston, Great Falls, Alexandria, Manassas, Manassas Park, Prince William, and Fairfax Counties. Trained and experienced expert in Estate Homes, New Home Sales, Relocation, and commercial real estate. Joey can guide you through any real estate buying or selling process.
To search the MLS for a home please click, Search The MLS.
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I listed and sold a Centreville townhouse for a client that was moving out of the state in the summer of 2008. In the fall of 2009, plans for this client had changed, and he was moving back to Northern Virginia and wanted to buy something in the same Centreville, VA area. He preferred a townhouse with little to no yard maintenance.
We went out looking in mid October and found very few homes that "fit." There was one resale in Faircrest that came close, but it wasn't long before we realized that the sellers were upside down in that particular townhome and the list price was too high. Since those sellers refused to do a short sale, and it had taken my Buyer twenty to thirty homes to find that one possibility, we moved on to new construction.
Enter Centreville Crossing, located near the intersection of Route 66 and Route 29 in Centreville. This condominium complex of stacked, garage townhouses was underway with Ryland Homes. I put my Buyer in the car in early November and off we went. Before we even arrived, I knew he would love the Yorktown model. I knew all the models from the Ryland community of Market Center in Haymarket. Same stacked, garage townhouses, different location.
Not surprisingly, my Buyer fell in love with the Yorktown model and entered into a contract to purchase new construction. He ended up settling on a loaded Yorktown model with gourmet kitchen, hardwood floors and lots of smaller fixture upgrades for under his desired price of $400,000 and had all of his closing costs paid by the builder. And all with less than a six month turnaround.
Touched base with my Buyer today, the day after settlement and he is most definitely pleased with his home purchase. This Yorktown model at Centreville Crossing fits him like a glove.
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