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Old 07-20-2012, 05:05 PM
161 posts, read 719,998 times
Reputation: 124


How negotiable is the asking price for new construction?
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Old 07-20-2012, 06:26 PM
Location: Austin
7,080 posts, read 16,903,265 times
Reputation: 9494
Depends on how good the agent is who is working FOR you... It also depends on if you're talking about building from the ground up or buying an inventory home. I don't know a single builder who will go below their base price in a new build. However, everything is part of the game with an inventory home.
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Old 07-20-2012, 06:29 PM
Location: DFW - Coppell / Las Colinas
29,949 posts, read 34,553,963 times
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Our new construction is booming, selling strong and they've had 2 price increases just this year.

In this area they are sticking to their prices, very little discounting and selling a lot of homes. There is actually a shortage due to the cut backs over the last 2 years.
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Old 07-21-2012, 09:24 AM
7,602 posts, read 17,634,581 times
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If it's a builder that has a model home, very unlikely to see anything negotiated, and, you're more likely to see a price increase or a missed opportunity if you take your time making up your mind.

Now, if you are willing to accept someone elses personal design choices, you can pick up a spec home for less than market price. What was once extremely rare, is not readily available if you know what and where to ask. Builders find themselves with these specs when financing unexpectedly falls out at the last minute.
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Old 07-21-2012, 09:37 AM
Location: Mostly in my head
19,639 posts, read 53,524,973 times
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You can negotiate some upgrades but they hardly ever go down on the price b/c that sets a "new" price for that model. My son got 42" cabinets, more ceramic tile, and a better granite than the standard thrown in - and he picked the lot (big one) for them to build on. Now, this was back in Nov. 2009 so maybe they are tougher today but you won't know without having a buyer's agent!
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