The Type of New Construction
Are you purchasing a spec home – the kind that has already been built to the builder’s specifications, keeping in mind the tastes of the average customer? Or, is it going to be a semi-custom home, where you have the opportunity to choose from distinct floor plan options and/or request adding additional rooms or upgrading finishes, before the construction begins?
Or, would you be interested in getting a fully custom home – the kind that would be the most time-consuming as well as expensive out of the three, but also offer the most customization.
Depending on the project you choose, you can decide on which of the providers of construction services in London to opt for.
Be Mindful of the Resale Value When Choosing Upgrades
It’s always smart to keep the future value of your house in mind when opting for new construction upgrades. There are certain upgrades, such as upgrading the kitchen or the ceiling height or the garage, that will significantly enhance the value of your house in the future.
But, be careful of over-improving, as there could be a negative impact on the future value of your home if it is upgraded beyond any other house in the neighborhood. It could force you to significantly reduce the price in order to find a buyer.
Go Through Your Builder’s Contract, Thoroughly
In a lot of places, builders can use contracts that are meticulously crafted to protect their own construction services in London. With up to 100 pages in length, they can easily intimidate a layperson. It is hence recommended to have both a realtor, as well as a lawyer review the contract before you sign anything.
Delays are Normal!
If you’re on a strict time frame, building a semi-custom or custom new construction home might not be what you want. There are a lot of complications that could arise; so, builders usually give themselves a lengthy period (could even be a couple of years), contractually, to build a house. To pressure a builder into committing to a quicker deadline might just be impossible or prove very costly – both, in terms of money and any potential defects the house may have due to builders being rushed.
In Conclusion
Buying a new construction house could end up being a great choice for people who want a home that is unique, and more importantly, truly theirs. But, if you’re not working with a dependable builder, such as BBS1, the best construction company in London, you would need to make sure you’re educated and fully prepared for the process!