Buying new construction home in the Long Beach Island real estate market can offer numerous advantages. Apart from having the most updated designs in floor plans and featuring the most current trends in the market, new construction is built to the current flood elevation requirements thus lowering the cost of flood insurance and limiting the risk from future storms. While buying new home is generally more expensive than buying an older home, there are usually considerable savings in maintenance and heating/cooling costs while having an asset that is worth more in the LBI real estate market.
Visit www.BuyLBI.com, the number one source for information and updates about the LBI real estate market. You can learn about buying and selling real estate on Long Beach Island as well as read updates about design trends for new construction on Long Beach Island.
When buying new construction in the Long Beach Island New Jersey real estate market it is important, as is the case with any transaction, to do your homework. There are number of factors that must be taken into consideration which can be easily overlooked with the excitement of a brand-new, fully appointed house. For example, all buyers should have a home inspection performed on the house. It is also helpful to understand how the house is built, including what kind of framing material was used, the type and thickness of insulation and the quality of the windows which are installed. Our homes meet or exceed all local building codes to ensure a top quality product.
Location is key when buying a home in the LBI real estate market. There are some significant differences between the different areas and communities of Long Beach Island so understanding the towns of LBI is an essential first step to your real estate transaction.
While there can be some financial upside to buying a tear down and building a home in the LBI real estate market, the difficulty for most buyers centers on how to manage the construction of a new home from a great distance. It is important to remember that most buyers in the Long Beach Island real estate market are not local and managing a construction project involves a commitment of time. Many buyers prefer to let someone else do the "heavy lifting" with the design, building and management of the project and simply enjoy the finished product!
Our experience in the selection of a site and the design of a new home is invaluable. We pass over many potential projects due to some define in either the lot size, the setbacks or the lack of a view (either now of in the future). This can help you make a wise investment in the LBI real estate market as lot size and view are such significant factors in the valuation of homes on Long Beach Island.
While we are 100% confident in our work, we always encourage buyers to conduct a home inspection by a licensed and qualified inspector. This will help you go over the fine details of a new construction so you can feel confident in your decision. Below are the names and contact information for local inspection companies but of course you are welcome to use anyone you would like:
Pillar to Post-609-607-8200
Hodges Home Inspections 609-602-4821
Precision Inspection 732-836-1888
Learn about financing your home purchase in the LBI NJ real estate market.
Buyer Closing Costs
Learn about what to budget for closing costs in your LBI real estate transaction.
LBI Buyer Updates
Read about current market trends and updates in the LBI NJ real estate market.