New construction homes in the $150,000 to $250,000 price range are selling very quickly in many parts of the country. As prices of starter homes increase across America these houses offer a perfect solution for many families. With three bedrooms and two to three bathrooms, these are the properties that provide families with the places that can help them live their best lives.
If you have been looking for homesites in a part of the country where this price range is selling really fast you likely know the frustration of missing out on the house that you want the most. Whether you put in a bid that was too low or you are the only potential buyer who requested an inspection, there are many times when people do not get the chance to purchase the properties that you want.
What Are You Looking for in a New Home?
Whether you are a first time home buyer or you are finding your forever home, it is important to make sure that you have a list of priorities before you begin your search. New construction homes offer a great way for families to get into a property that does not require any major kind of immediate maintenance. In addition to being in the perfect move in condition, many of these newer properties are also located in places in the city where newer school districts are as well.
Even though there may be several kinds of floor plans available, there are also new construction homes that offer a number of similar options. From walk out basements in homes for sale that back up to a park to houses that are within walking distance of the closest local school, it is important to also consider the other options that you are looking for. Low maintenance roofing and siding, as well as double paned energy efficient windows, there are many features that the perfect home should have. In fact, 34% of recent buyers who purchased new homes were looking to avoid renovations and problems with electricity or plumbing, according to the National Association of Realtors.
As many as 32% of people looking to buy new homes are first time home buyers, so this means that a realtor is especially important. And while buyers need to walk through a house to make sure that it is the right one, many searches start online. For instance, A 2017 National Association of Realtors report found that 56% of buyers 36 years old and younger found their homes online. No matter how you find the home that you are looking for, indications are that Millennials are going to play an important role. The Harvard Joint Center for Housing Studies predicts, in fact, that Millennials will form 23 million new households over the next decade.
As many as 612,000 newly constructed homes were sold in 2017, according to the U.S. Census Bureau, so it is increasingly important to know what you are looking for so that you put in a bid when you know that you have found your dream home.