The Benefits of Buying Early in a Pre-Construction Release
When you buy a new construction home, you may think buying later in the process will come with some advantages — discounts, inventory promotions, etc. In some cases that may be true, but what few people realize is that buying earlier can come with even greater benefits, including many of those same (or better) limited-time promotions, wider home and lot selection, personalization, and flexible payments.
If you’re considering a new home, here are a few reasons why it might make more sense to be early.
The Widest Selection of Lots & Floorplans
When a pre-construction project first opens, the builder will have a wider selection of homes that vary in square footage, floorplans, exteriors designs, lot size, and more. But as the project continues, the selection will narrow. Buying earlier on in the project means you get the first pick, like a corner lot, a bigger backyard, or ravine-view backyard.
More Time to Personalize Your Home
When buying a pre-construction home, buyers get the opportunity to select their features and finishes with the guidance of a professional interior designer. And since pre-construction projects usually have a 1—3 year timeline, early buyers get a longer timeline to make their final decisions on their home’s features and finishes. Making your home your own is a big deal — you don’t want to do it on a deadline.
More Financial Flexibility
Buying early in a pre-construction project also gives you the opportunity to pay your deposit over an extended timeline. In contrast to resale or inventory homes, early-stage pre-construction homes allow you to pay the deposit (often 10-15%) over a longer period than the typical 90-day timeline for inventory or resale homes. For many, this added financial flexibility is a huge benefit.
This is your chance to take advantage of the benefits of buying early in a pre-construction project. Browse our current and upcoming communities to learn more.