Price Increases in New Neighborhoods | New Construction Issues-I HATE When Builders Do This

Why do builders in new construction neighborhoods insist on raising prices after the first few homes have sold? For someone looking to buy a new construction home, it can be quite a pain to see price increases when you’ve been planning your purchase so carefully. So why does this happen and what can you do about it?
Join me as I share the common reason for price increases in new build neighborhoods and explain what you can do to prepare for this eventuality and get the best possible price on YOUR home.
00:00 Intro
01:10 Massive Price Hikes
02:14 Why These Happen?
08:15 How To Deal With Sudden Price Hikes
13:25 Outro
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Price Increases in New Neighborhoods | New Construction Issues-I HATE When Builders Do This
#neighborhoods #builders #zakschmidt

[@robertthomson2877]

Too bad builders don't price match like grocery stores.

[@zakschmidt-DallasTXrealestate]

But what if they did. Could you imagine taking the weekly Sunday ad and clipping home coupons and then stacking them on top of one another. It would be like extreme coupons but for homes.

[@christopherarocha92]

Dude you hit it right on the head. I’m looking at Elmwood homes and the increase in two neighborhoods have gone up about $60-$80k

[@zakschmidt-DallasTXrealestate]

It’s crazy, for basically the same product. I try and be positive about new homes but in some spaces in can kind of feel greedy on their part. I know things go up but still.

[@Mostusernamesaretakn]

Californian here. Are the homes vaxed? But in all serious, can you haggle the price on new homes if paying in all cash?

[@monadeast]

How do I pick a good inspection company on a new build to make sure I get everything covered? My inventory home should be completed in three weeks and closing soon after

[@zakschmidt-DallasTXrealestate]

Ask about their experiences with new homes. If you’re in DFW I have a couple of recommendations I can send you

[@yeseniaarballo4793]

Would you go for a townhome or a single home? Currently deciding between the Pacesetter TH & Trophy home in Elevon. Both four bedroom. Mainly for the price.

[@zakschmidt-DallasTXrealestate]

Both are good options. If I was single with no kids I’d go townhome. If kids I’d probably want the yard. From a quality standpoint both are good but I would give the edge to pacesetter. If you need help with that let me know I’ve sold with both of those teams out there so let’s make sure you get the best deal possible

[@131313user]

What do you think is a better deal from your perspective 1. In the desoto area, a dr horton home for around 480k at 3k sqft 2. A Bloomfield home in gleen heights but in a phase 1 community. Similar home in size but a bit more expensive. 3. A Bloomfield home in the desoto area that is a bit less expensive, smaller size as well but is in a more established community?

[@zakschmidt-DallasTXrealestate]

I would toss out the Horton. Bloomfield quality is superior. My choice would be the Glenn heights in phase 1, especially if it gets the red oak side isd zoning. Phase one of a neighborhood that they are going to continue to build out is going to give you more appreciation. The price you pay today will be significantly lower than what they price at in deeper phases. So if you can buy phase 1 and wait the builder out till the are done to sell you will most likely come out ahead. And Bloomfield builds a solid quality home.