New home pricing is generally the base price. If it is a "to be built home" and you contract for the base model and price, the listed price applies. If it is an inventory home, you might be able to purchase for a slight discount to list price. However, if you choose a premium lot or a specific elevation or if you want certain upgrades, which are generally selected at a design center, your final price can be higher. Depending on the builder, the community and the price point, these can vary widely from several thousand to tens of thousands.
You may want to read the Trulia Real Estate blog "Buyer Agent Advocate for New Home Construction" link below and make sure you have an experienced broker exclusively representing you before you contact any builder. There are different negotiation strategies for different builders and builder incentives and pricing vary month to month. For example one builder has a program to help you sell an existing home. These may or may not be disclosed to the consumer if they do not ask. If you have a full time agent with a Masters degree in Planning with Finance and over two decades of experience, working for you, you will likely do better in negotiations. I'd be pleased to provide that service. If you appreciate this answer, please give it a thumbs up, or if this was the most helpful answer, please say thanks with a best answer click.
Congrats on moving to Charlotte, it's wonderful here! Depending on where you are in the city, new construction can vary in pricing. Base prices of most builders down here actually usually include a decent level of finishes already such as granite in kitchens, hardwoods in some rooms, etc. There are always options to upgrade such as doing hardwoods throughout, doing full brick or stone exterior, upgraded cabinetry as well as upgraded bathrooms from standard tub/shower combo etc.
Charlotte overall is much lower cost of living than CT, so it's always sticker shock (in a good way) for my clients that move down from up North.
I'd love to help you with your move! Email me directly and I can talk to you about the specific areas and communities you're talking about in regards to new construction, etc.
Hope to help!
Charlotte is a wonderful place to live! You'll enjoy living here. It probably is a little bit of a shock to see what your money gets you in Charlotte compared to CT. It is cheaper to live in the south! The prices you see on the builders sites do include the lot, a liveable house at their basic price, and most appliances. Some builders may not include the refrigerator.
Different builders offer different things in their basic prices. Some might include granite as standard while others offer it as an upgrade. Same with wood floors, ss appliances, taller cabinets in the kitchen and bathrooms, tile floors in bathrooms vs vinyl. It just depends on the builder you choose. I did just speak with a representative from a builder and she said they are raising their prices by about 2% every month so far this year! Plan wisely!
I hope this information helps you to understand a little more about what you get with a new home. If I can be of further assistance to you, please don't hesitate to contact me.
Wilkinson & Associates
Welcome to the south! The home prices here are considerably lower than what you are used to in CT. I am from CT (Windsor & Bloomfield) so I know what comparable home prices are.
Here, you get the whole home (lot, finished home (appliances --refrigerators most cases not).
Another surprise is that the taxes are much lower.
Please let me know if I can answer any further questions.
Regards, Melinda Richardson
I moved here form Connecticut seven years ago and have helped family in Connecticut buy and sell homes recently. I know the shock of the prices as compared to Conecticut. but they are not stripped down models and homes come with the lots and applainces and most upgrades. There are always options you can add to a home to customize it the way you want an change some of the colors or cabinets and flooring around that will affect the overall price.
I would love to help you in communitiesd and with the various differnt builders navigate the process...it is not like anythin up north buying a house and having it built in North Carolina. the prices are that much less expensive for a comparable home and the taxes are substantially less expensive than in Connecticut.
Feel free to drop me an e-mail or call me at 704-519-7895.
Coldwell Banker United
I sure do hope you and your husband move here! Charlotte is an amazing city, and is only growing!
The packages that new builders are offering for new construction are as advertised! Typically the price you see online will be the base price (which includes the finished, livable home, microwave, stove, blinds, etc) and you can do a few additions in there. Just count on adding between $5-$10k in the purchase price for all the sweet additions you would want! But overall, it isn't a gimmick or a bait and switch.
If you would like, shoot me an email or call/text me and I will send you some ideas as to what I'm talking about. Look forward to working for you :)
Benham Real Estate Group