Are you just buying the land from the seller? And then having a home built by a builder? Or are you purchasing the home and the land as a package deal from a builder? Depending upon the circumstances, you may be able to check the Public Records to see if the adjoining lots have been sold and at what price. Or as one of my fellow agents stated above, you may have success checking with Mt. Laurel's Tax Assessor.
Also, as previously stated, there are many factors that come into play in purchasing a home, even more so, a NEW home. Due Dilligence is paramount in selecting a builder and making certain they have a good tract record in dealing with the Township's Building Code Enforcement officers. In general, you may also wish to check with the Better Business Bureau and the county's court house to see if there have been complaints and/or lawsuits filed against them.
Feel free to contact me directly if you'd like to discuss your upcoming purchase in more detail. Oh, and as an aside, I have lived in Mt. Laurel for over 20 years and have dealt with the township on various building code issues.
Whatever direction you take, I wish you all the best.
Bernie Day, RealtorÂ®, e-Pro, GRI, RSPS, SFR, SRES
Keller Williams - Medford
143 Medford - Mt. Holly Rd.
Medford, NJ 08055
CELL#: (609) 410-0406
OFFICE #: (609) 654-5656 x345
FAX #: (856) 219-2104
She has over 15 years of negotiating experience! She will take care of this answer and any other questions you have Hope this helps!
My name is Jodi Schwarzl and I am a Realtor with Prudential Fox & Roach Realtors.
Most people don't know that they can and should have their own Realtor when they are looking to buy new construction for the exact reasons your inquiring about and much more. Determining market price is just the beginning. You still have due diligence to be done to ensure that you can build what you want on what you are purchasing.
In most cases commissions are paid by the seller, so it's worth it to you to find a Realtor you can trust to help you through this process.
Please call me and I'll be glad to help you buy your new home.
If that's helpful, click the Thumbs Up!
Joe Montenigro REMAX Home Team
Broker, GRI (856)374-2800 x106
Serving Gloucester Twp, Washington Twp & South Jersey Real Estate Markets
Search all Homes: http://hometeamNJ.com/search
About Joe: http://hometeamnj.com/about/
As Elisa said - there is no % off number that can be determined without a lot more information - including the location and style of the homes and name of the development. Sometimes upgrades will be agreed to by the lender - in addition to (or instead of) a price reduction.
Are you sure you want to do this on your own without an agent? You may be stuck though being on your own if you have already been in contact with the seller. If so, you need an attorney -which is not an ideal alternative because generally they won't have the market background or have seen comparable homes but better than nothing.