Questions to Ask When Viewing a New Build
1. Who is the builder, and what is their reputation?
The first question isn’t about the property itself but about the builder. Who are they? What kind of reputation do they have in the market? In many cases, the quality of a new build is directly tied to the reputation and reliability of the builder. Research past projects by the developer, check online reviews, and see if there have been any complaints or legal actions against them.
2. Is there a warranty, and what does it cover?
New builds usually come with warranties, but the terms can vary dramatically. Some warranties may cover the structure and finishes for a year or two, while others offer longer coverage on key elements like the foundation or roofing. Understand what is and isn’t covered to avoid any unexpected repair bills shortly after moving in.
3. What materials and finishes were used?
It’s not enough to be impressed by shiny countertops or sleek floors—ask about the materials used and their quality. Are they built to last, or are they prone to wear and tear? Is the insulation sufficient for energy efficiency? Will the finishes require expensive upkeep?
Additionally, inquire if there’s an opportunity to choose or upgrade finishes during the building process. Customization may be an option, but it's crucial to understand the cost implications upfront.
4. What’s the energy efficiency rating?
With rising energy costs, a home’s energy efficiency rating is more important than ever. Check if the new build meets the latest environmental standards. Look for certifications like LEED or ENERGY STAR, and ask whether energy-efficient windows, heating systems, and insulation have been installed.
5. How is the ventilation system?
A poorly ventilated home can lead to various health issues, including mold and poor air quality. Inquire about the ventilation system, especially if the property is designed to be air-tight for energy efficiency. Is there a mechanical ventilation system in place, such as an HVAC system, or will you have to rely on natural ventilation?
6. Are there any construction-related defects?
New builds may look flawless on the surface, but there could be construction-related defects hiding in plain sight. These might include cracks, poor finishes, or even structural issues. It’s vital to hire an independent surveyor or inspector to give the property a thorough examination.
This independent review should also extend to electrical wiring, plumbing, and the heating system. Having someone check the property during different stages of construction can also be beneficial, as some issues may not be apparent until later phases.
7. What are the expected property taxes and maintenance fees?
New builds can sometimes come with unexpectedly high property taxes or maintenance fees. Ask about these before committing. Will the developer or homeowners association cover certain costs for a set period? What will you be responsible for maintaining after that period? A clear understanding of ongoing costs will help you plan financially.
8. Are there any future developments planned for the area?
While the build itself may look great, what about the area around it? Check if there are any upcoming developments that could either increase the value of your property or make it less desirable. Are new amenities being built? Will new buildings obstruct your view or cause noise during ongoing construction?
9. What’s the resale value?
Even if you plan on staying in the new build for a long time, it’s worth considering the resale value. Is the property located in a growing area, or is it likely to decrease in value over time? Are there any nearby amenities, schools, or transport links that add to its long-term appeal? Considering the resale value now could save you headaches later if you need to move.
10. How long will the building process take, and is there room for delays?
If you’re buying off-plan, you’ll want to know exactly how long the construction process will take. However, delays are not uncommon, especially with new builds. What are the penalties, if any, for late completion? Can you include contingencies in your contract to cover temporary housing costs if the build is delayed?
11. Can I see a model home or tour the site?
Before making a decision, it’s essential to either see a completed model home or tour the construction site. This allows you to visualize what the finished property will look like. If a model home is unavailable, request floor plans and 3D renderings that can give you a clearer picture.
12. What’s included in the price, and what are the extras?
Often, the price of a new build will cover the bare essentials, but extras like upgraded finishes, landscaping, or even appliances may come at an additional cost. Make sure to get a detailed breakdown of what’s included in the asking price and what isn’t. Otherwise, you could find yourself facing unexpected charges for features you assumed were part of the package.
13. Are there any shared amenities, and who manages them?
Some new builds are part of larger developments that come with shared amenities like a gym, pool, or communal garden. Who is responsible for maintaining these spaces? What are the associated costs? You’ll also want to check the rules for using these amenities to avoid any surprises down the road.
14. Will I have input during the construction process?
If you’re buying off-plan, ask if you’ll have any say in the design or customization process. Can you choose the layout, add a room, or make other modifications? How much will these changes cost, and will they delay the build? Be clear about what is and isn’t possible before signing a contract.
15. What’s the neighborhood like, and who are my neighbors?
The property may be perfect, but what about the neighborhood? Take the time to research the area, and if possible, talk to people who already live there. What is the community like? Are there schools, shops, or public transport nearby? Will the area suit your lifestyle, or will you be isolated in a new development far from conveniences?
16. What is the build’s sustainability?
Sustainability has become a significant factor in property development. Ask if the building uses sustainable materials or features eco-friendly technologies like solar panels, rainwater harvesting, or green roofs. These features not only benefit the environment but can also save you money in the long run.
17. Can I negotiate the price?
You might think that the price of a new build is set in stone, but there is often room for negotiation. See if the developer is willing to offer a discount or throw in extras like upgraded finishes or appliances to sweeten the deal.
By asking the right questions, you can ensure that your new build is more than just a shiny new property—it’s a solid investment that will serve you well in the long term. Don’t rush into a decision without doing your homework. This is one of the most significant purchases you’ll make in your life, so make sure it’s the right one.
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