New Home Construction Is Good for Sellers’ Market

Home buyers in the Cincinnati area are facing an uphill battle right now, the Enquirer recently reported. With a shortage of homes on the market, buyers are competing in bidding wars and having to make split-second decisions on home purchases. Our current sellers’ market offers good reasons to choose a new construction home.

If you’re ready to make a move, you can sidestep the rush to bid on existing homes by looking for a brand new house instead. Of course, a new construction home makes sense for other reasons, too.

Sellers’ Advantage

A new construction home allows a seller to list their home at a time when they could get top dollar, without worrying about the frenzy of buying an existing home. If you own a home now, you can start the journey to a new home by asking a real estate agent to assess your current home. The agent should be able to suggest an asking price based on comparable sales in your neighborhood. He or she can also offer advice on what upgrades or quick improvements might help you increase your home’s value. 

If you plan to sell and move to a new construction home, talk to a local builder about timing for the new build. If it’s right, you may be able to make just one move from your current home to the new one.

The Right Location Now

Your current home might have suited you and your family previously, but maybe you have different priorities now. In the wake of a pandemic, many people are working from home. Your current home might not have good options for an office. Commuting distance may be less important to you now, or maybe you’re job hunting in a different area. A new construction home might put you right where you want to be in terms of proximity to work opportunities, school, shopping and other services. 

Is easy access to outdoor activities more important to you now? Would you like to have more land where you might be able to grow a garden? Or are you craving the feel of a tight-knit community where neighbors get to know each other? These are all good reasons to consider a new construction home.   

For some in Cincinnati and Northern Kentucky, the pandemic has caused them to rethink the role of extended family. Would it ease your mind to purchase a new construction home where older relatives could also live nearby or a home that has extra space for an in-law suite or “granny flat”?

New Construction Home for You

Many factors influence the choice of a new home. The opportunity to make it fit your current needs and lifestyle perfectly is exciting. With a new construction home, you can choose exactly what you want in terms of layout, location, fixtures and finishes. 

This year, a brand new start could be just what you need. If you’re interested in learning more about a new construction home at Rivers Pointe Estates, contact John Toebben at (859) 512-2426 for a personal tour of all that Rivers Pointe has to offer.