McElroy & Associates knows new construction

If you're scoping out newer neighborhoods looking for new construction, having a knowledgeable agent with you is crucial. is here to help you navigate the seeming infinite number of new homes today to find one that's a match for your family.

Buyers of new construction in a neighborhood don't like to see houses sold after theirs go for less money. Knowing this, the builder or developer often won't bend on price. (You'll appreciate this behavior after you've bought a home in a development of new construction!) Regardless, depending on the market and the status of the project, there's sometimes room for negotiation.

Consider a home has been on the market a while and the builder is deeply invested, then you have some room. The same goes for show or model homes that have been sitting for a while. However, if a home was just completed, it's unlikely you'll get a deal.

In cases where a builder won't budge, try getting a break in other areas. Ask for help with the closing costs, or more amenities, like an allowance for window treatments, a garage door opener, a sprinkler system or landscaping, or an extended home warranty. Or take the contrary route. If a home is nearing completion, you can often save money by passing on suggested upgrades from the builder and installing things yourself.

Just because a house is brand new, it can still have its share of flaws. Be sure to get a home inspection before purchase so that issues are handled and also negotiate a home warranty. Then, about 10 or 11 months after purchase it's worth it to pay for an inspection and get anything else repaired before the warranty expires.