5 Things to Consider When Buying a New Construction Home in Calgary
In competitive real estate, it is a challenge to find homes that fit your family’s needs and budget. This is why homebuyers find the idea of a new home construction, that is custom-built according to their preferences appealing. Choosing a newly built home allows you the flexibility to choose your desired location and design your home to suit your tastes.
While building a new home is exciting it is also a challenging and lengthy process. To make an informed decision before starting your journey to your dream home, you must consider these five key factors.
1. Location is Key
Choosing the right neighbourhood or development for your new home construction in Calgary is important. Where you choose to love will impact your daily life so it is vital that it suits your family’s needs and future plans.
Check if the location is in proximity to quality schools if you have children. Your home should provide convenient access to shopping centers, restaurants, recreation facilities, parks, and medical care facilities. Your commute to your workplace or other essential destinations should also be considered.
To make sure you are making the correct decisions you should research thoroughly on potential neighborhoods. A list of pros and cons will aid your decision making process. Take the time to explore potential neighborhoods personally to get a feel of their atmosphere and lifestyle.
2. Choose the Right Builder
Selecting the right builder will impact your construction experience and the end result for your dream home. Most new developments work with one or two builders, which means that your choice of builder will dictate your location.
It’s a significant decision, which is why you should take your time in researching and evaluating potential home builders in Calgary. Look for testimonials from previous customers, read online reviews, and contact them personally. This will provide you with valuable insight into the builder’s craftsmanship and experience.
Choosing a reputable and skilled home builder ensures that your new construction home in Calgary exceeds expectations.
3. Establish a Realistic Budget
You must plan your budget before starting your process of a new home construction in Calgary.
New construction homes in Calgary typically come with a fixed price so you cannot negotiate. You need to obtain a mortgage pre-approval from your chosen lender before proceeding too far into the process. This will give you an understanding of your financial limits, preventing wasted time in exploring homes that are beyond your set budget. Understanding your budget and planning will ensure that your new home construction journey is on track and within your means.
4. Home Upgrades
When you explore showhomes and your builder’s offerings, you will come across many upgrade options. While these additional features and upgrades can be appealing, it is important to find the right balance between your desires and budget.
You should think about what upgrades are essential for your lifestyle and vision of your dream home in Calgary. This will help you avoid any disappointments during your new home construction process.
5. Consider the Timeline
Building a new home in Calgary is a process that requires your time and patience. You can expect to wait around 8-10 months from initiating the process to the moment when you can occupy your new home. It takes thing long because you have to go through various phases, from design and permissions to construction and inspections.
If you are aware of how long it will take you can plan things accordingly especially if you are thinking of selling your existing home.
Building a new construction home in Calgary is a big investment for your family. So you should consider these five factors – location, builder, budget, upgrades and timeline – before beginning this journey.
Allow yourself enough time to research, explore and plan so that your new home is everything your family wanted and more. At Attli Construction, we have been building high-quality, affordable homes for 35 years, so we understand the process of new home construction in Calgary better than anyone. If you have any questions or you’re looking for your dream home, feel free to contact us for a consultation.