The Top 5 Things to Consider when Building a New Home in Kansas City

As I stand amidst the framed structure of a home being built on three acres of picturesque countryside, I am reminded of the excitement and complexity that comes with buying a new construction house. Welcome back to the blog! Today, I’m thrilled to share with you five crucial factors to consider if you’re contemplating purchasing a new construction property.

1. Location, Location, Location:

Choosing the right location sets the foundation for your new home. Unlike buying a resale property, selecting a site for new construction involves evaluating not only the neighborhood but also the available amenities and the type of lot. In Kansas City, where I operate, the uniqueness of each neighborhood adds another layer of consideration. Some buyers opt for a builder first, then select a neighborhood based on the builder’s scope, while others prioritize the neighborhood and lot, then choose a builder accordingly. Proximity to work, school districts, entertainment options, and future development plans are all vital aspects to ponder during this phase.

Additionally, understanding the terrain and features of the lot is crucial. What might seem like a flat piece of land to the untrained eye could have implications for building a walk-out basement or other structural considerations. Consulting with a real estate expert or the builder is essential to grasp these nuances effectively.

2. Budgetary Considerations:

Determining your budget is pivotal when embarking on the journey of building a new home. The spectrum of pricing options is vast, ranging from basic spec homes to fully customized residences. It’s imperative to factor in not only the initial construction costs but also potential upgrades and fluctuations in interest rates, considering the typical duration of the building process. Setting a realistic budget upfront, including allowances for unforeseen expenses and upgrades, is crucial to avoid financial strain during the construction phase.

Moreover, understanding the breakdown of costs, including land acquisition and base home prices, is vital. Builders may offer base prices that exclude upgrades and lot costs, necessitating a comprehensive understanding of the total investment required.

3. Floor Plan and Style Selection:

Selecting a floor plan that aligns with your lifestyle and preferences is paramount. Every builder offers a range of floor plans with varying features and customization options. Whether it’s expanding living spaces, adding bedrooms, or incorporating specific design elements, understanding the possibilities within your budget is essential. Additionally, exploring different builders’ styles and visiting model homes can provide valuable insights into the final product you envision for your dream home.

4. Choosing the Right Builder:

Navigating the myriad of builders available requires careful consideration. Partnering with a local real estate expert who understands the nuances of the market and builder options can streamline the selection process. Touring model homes, assessing builders’ track records, and understanding financing options are essential steps in choosing the right builder for your project. Furthermore, considering how each builder handles upgrades and change orders is crucial to avoid surprises and delays during construction.

5. Upgrades and Finishes:

Customizing your new home with upgrades and finishes adds a personal touch to the building process. However, managing these selections within budgetary constraints and understanding their impact on the timeline is essential. Whether it’s coordinating with builders’ vendors or adhering to predefined budgets, clarity and communication are key to ensuring a smooth construction process. Anticipating potential delays and cost overruns due to upgrade selections can help mitigate challenges along the way.

In conclusion, embarking on the journey of building a new home is an exciting endeavor that requires careful planning and consideration. From selecting the perfect location to customizing finishes, each step plays a vital role in bringing your dream home to life. While the process may seem daunting, partnering with experienced professionals can provide invaluable guidance and support. If you’re considering buying a new construction home in Kansas City or beyond, don’t hesitate to reach out. We’re here to be your trusted advisors every step of the way. Thank you for joining me on this journey, and I look forward to helping you find your perfect home.