Beat today’s market by buying new construction
Interest rates hit historic lows last year and many Baton Rouge buyers took advantage of the opportunity to move into new homes. However, much like the rest of the country, latecomers are facing huge hurdles to homebuying with limited availability and short turnarounds on desirable properties.
With an experienced homebuilder like Alvarez Construction Company, you can beat today’s market by buying new construction. We will address a few of the benefits below to buying new and buying now.
When you choose a new home builder you are investing in a whole product line rather than a specific home or property in resale. This opens you to a number of new opportunities with distinct floor plans and communities located around the metropolitan area.
Alvarez provides several options to their homebuyers: move-in ready homes, in-production homes, and starting from scratch by selecting a homesite in one of our communities. For the first, buyers choose from a list of predetermined floor plans that are strategically placed on homesites throughout each community. These homes are available on a shorter timeline since construction is already underway. The second involves choosing a homesite and floor plan to fit. This allows for more personalization in the design, but starts the process from the beginning. Each community has an interactive plat map that will show available homesites throughout development.
With fewer homes on the resale market, prices are rising dramatically and buyers around the country are offering of 10 or $20 thousand over asking price to stay competitive. Another advantage of buying new is that you eliminate the games and pay the advertised price without feverous negotiations. Plus, you do not have to worry about factoring in big-ticket items like last-minute repairs because everything should be in tip-top shape when we hand over the keys.
Alvarez Construction Company even offers an incentive for first responders, teachers, doctors and nurses. Ask your sales counselor to confirm eligibility. First-time homebuyers are also eligible for a number of grants that can help cover down payments and make the jump from renting more approachable.
The home you want
Finally, buying a new home means it is move-in ready on day one. By choosing your own community, floor plan, and design options, you have a space perfectly tailored to your needs with built-in smart and healthy technology. The Alvarez Construction Company design team will help guide you through selections and the warranty team will walk you through the home to make sure everything looks great.
Buying a new home in a growing community is a good investment too with increasing returns as the Baton Rouge area expands. When you are ready to buy or build your dream home, call (225) 240-4662 or contact us.