Smart Time to Buy a New Home

This time of year is a smart time to buy an already built new home in the Moncton area.

Here are just some of the reasons why I say this:

  • At this time of year builders want to move what's left of their inventory and get to work on this year's crop of new homes.
  • In the construction industry price increases in materials and labour usually occur at the beginning of the building season. New homes built and listed last year are often based on last year's pricing. Prices could be up this year making new homes built last year a better buy. Unless of course the builder has raised his pricing. If you have your own Buyer's agent (as opposed to the Agent for the builder), your agent should be able to research the pricing history to see if in fact the builder has raised the price to cover the builder's carrying costs.
  • New homes that were not complete on January first are only partially assessed, meaning the buyer will  have lower property taxes for the rest of the year.
  • The earth around foundations built and backfilled last year will have had an opportunity to settle. You will have all summer and fall to put your personal touch on the landscaping of you new home

As of this writing there are approximately 55 detached and 89 semi-detached new homes for sale in Moncton Riverview and Dieppe.

However before you call that builder's agent you should learn about the advantages of having your own agent.
Find out at MonctonGuide.com

 

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