Buying New Construction Homes in Las Vegas: What You Need to Know
New construction is popular for modern layouts, energy efficiency, and builder warranties. But contracts and fees require careful attention.
Key Considerations
- Pros: modern design, low maintenance, warranties
- Cons: limited negotiation, potential construction delays, HOA fees
- Builder contracts: understand inclusions, timelines, and incentives
Financing New Construction
- Pre-approval with construction loan experience
- Deposit and draw schedules
Choosing Communities
- Summerlin, Henderson, other new construction neighborhoods
- Amenities, schools, location
Common Mistakes
- Not reviewing contracts
- Ignoring HOA fees
- Assuming completion dates without contingencies
- Not using a Realtor for negotiation
FAQs
Can I negotiate a price? Often through incentives and upgrades.
More expensive than resale? Sometimes, but long-term maintenance is lower.
Do I need a Realtor? Yes, for protection and guidance.
Final Thoughts
New construction can be an excellent choice with proper planning and an experienced Las Vegas Realtor.
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