When it comes to finding the perfect home, you have two main options: purchasing an older structure or paying for new home construction. Deciding between the two is largely a matter of personal preference, but the team at Greg Gavin Construction in Lawrenceburg, IN, wants to help you prepare for the decision.

Their team has put together a few critical questions to ask when buying new home construction:

What Finishes Come Standard With Your Properties?

Newer communities often allow you to tour a model home prior to committing to a property. However, the model home often features finishes that are not standard throughout the rest of the community. Ask your home builder what features are standard so you’ll know what to expect when you purchase your home.

Does the HOA Have Any Rules or Regulations?

HOAs do a lot for property maintenance and community feel, but their regulations can take homeowners by surprise. Before you agree to purchase a property, ask about the HOA’s rules and regulations so you’ll know if the community will be a good fit for your family ahead of time.

What Are the Plans for the Community?

Knowing how many homes the community plans on building may impact your decision to purchase a property. Remember, if the community is expanding, you may have to put up with new home construction throughout your neighborhood for months to come.

Do You Offer Any Warranties?

In many new home construction communities, the home builder offers warranties on the work. This helps reduce the risk of expensive repairs down the road. Though most builders offer one-year warranties, it’s important to discuss the specifics for your particular home. Make sure you understand what is and isn’t covered before you decide to purchase the property.

Do You Have References I Can Contact?

Unfortunately, some construction companies do a subpar job creating new homes. When thinking about buying into a community, ask the home builder for references in communities they previously worked on. This will give you an idea of the quality of workmanship you can expect.

Does Your Community Offer Incentives for Using Your Preferred Home Lender?

Many new home construction communities work with specific lenders to provide clients with mortgages and home loans. Ask if there are any incentives—such as lower interest rates or closing costs—that may encourage you to work with the community’s preferred companies. Regardless, be sure to shop around and compare loans before working with a lender.

Whether you’re buying a new home construction property that needs a few simple renovations or want to design a custom home from the ground up, the team at Greg Gavin Construction can help. Visit their website for more information on their work and call (812) 637-5202 to schedule an estimate.