New Home Construction in Colorado Springs CO 

As the economic state of Colorado continues to thrive, so does its real estate market. Colorado Springs has seen a huge surge in steady job and population growth. The Colorado Springs real estate market is continuing to thrive at a record setting pace. Low inventory rates of existing homes on the market has created a huge spike in new construction home sales in Colorado Springs CO, or (new build) home sales.

New construction, or new build homes are homes built from dirt in new developed communities around Colorado Springs. Colorado Springs hosts a wide variety of builders, and new communities.  Currently in Colorado Springs there are upwards of 25+ builders, and the number continues to grow. Each builder is different, and offers their own special floor plans, and community amenities. It is important to do your research, and talk with Real Estate professionals about builders in the area you desire. 

Choosing to build a home can be a tiresome, stressful task. One that you should not have to do alone. We have helped hundreds of home buyers chose the builder they will use to construct the home of their dreams. New builder inventory is hard to discover, other than builder websites and directional signs, looking at what every builder has to offer can be a task not accomplished very easily. Contact Us today our are professionals are ready to help guide you through. 

Advantages and Disadvantages

There are pro’s and con’s when considering to build a new construction home in Colorado Springs. Here is a short list we have discovered through experience with working with local builders in Colorado Springs. Just a few key points to help you consider if you are purchasing a new construction home vs. a resale home.

Advantages of New Construction:

  •  Brand New never lived in home.
  •            Home Builders offer great home warranties.
  •            New Construction Homes use energy efficient materials and appliances.
  •            New Parks, new developments offer more community amenities.
  •            Choose your Interior and Exterior designs.
  •            Builders offer huge cash incentives to assist with down payment, closing costs, upgrades, or even price reduction.
  •           Floor Plans – Many of the top builders have amazing new modern floorplans to fit todays growth. Many floorplans include great upgrades standard. Contact us we would love to help point you in the right direction, 719-644-6213

Disadvantages of New Construction:

  •          Build Time – Starting a project from dirt can take up to 6-8 months.
  •          Lot Size – Most New Construction complaints seem to stem from lot size and home placement.
  •          Mature Landscaping – If mature landscaping is a must, then most new construction communities may not be your cup of tea since most communities are in the growing stages.
  •          Higher HOA’s and Taxes – Some, not all new construction communities may have increased HOA fees and higher taxes. It is always good to contact a Realtor to help assist you with this information before heading out to look at homes.

There are many questions you need to ask yourself when purchasing a new construction home in Colorado Springs, hopefully these will help you out;

Communities:

  •         What communities are the builder building in that are right for me?
  •         What are the taxes in that community?
  •         What is the school district in this community?
  •         Are there any additional fees, like HOA’s?
  •         Where are these communities located relatively to where I need to be?

Home Owners Associations

  •         Are there HOA’s in these communities?
  •         How much are they?
  •         What do these HOA’s provide?

Taxes

  •         What are they taxes in this area?
  •         Are they projected to rise?
  •         If so, how much?

Pricing & Lots

  •         What are the different base prices for different builders?
  •         What are the available lots to build on?
  •         Can I pick my lot?
  •         Does the builder charge a lot premium for specific lots?
  •         What are the base prices for specific floorplans?
  •         Prices with a basement? On a slab? Or an unfinished basement?

This is just a small sample size of what purchasing a new build home entails. We have helped hundreds of clients find the new home of their dreams, in communities they love. If you would like to ask some questions and get a professional non-bias opinion of builders, please do not hesitate to contact us anytime 719.644.6213.

We have worked alongside some of the top builders in Colorado Springs, we can give helpful insight on builders like; Classic Homes, Aspen View Homes, Challenger Homes, Oakwood Homes, Campbell Homes, Reunion Homes, Saint Aubyn Homes, just to name a few.

Some other commonly asked questions when dealing with a new construction home is, do I need a Realtor?

Well, here is the easy answer. No.

But here is the reason, why having an experienced licensed Realtor on your side is important.

First and most importantly, having a licensed Realtor on your side to represent you and not the builder. Please keep in mind that the sales associates work for the builder and hold sole interest for the builder. In most, not all cases some builders are not licensed Realtors and do not use Colorado Approved and regulated contracts. Secondly, its completely free. Builders should welcome clients with agents, builders do not mark up prices, or add hidden fees because you are working with an agent, it is treated like a normal transaction where the seller (in this case the builder) pays all the fees.

I hope this was helpful in making your decision to build a home, or purchase one on the market. Please feel free to sign up and search new construction homes right here on the most updated local Real Estate search site www.coloradohothomes.com

New Construction Homes For Sale , Colorado Springs CO

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