As a buyer in Washington DC, Bethesda, Chevy Chase, and and Northern Virginia, it is essential to consider all costs association with your new home. Everything from maintenance to renovation, repairs and closing costs should be factored in to ensure that you do not have any surprises or worries down the road. But if you’re purchasing a new construction home in the Metro DC area, it’s also important to be aware of the costs you’ll have after the closing.
Below are four costs you will have after the purchase of your new construction home in DC, Maryland, and Virginia:
Yes, all homeowners will have utilities to factor into their budget, but if you’re moving up to a larger home, you will need to research how much more yours will cost. If you’re relocating to DC, Maryland, or Virginia, you may also have a deposit or set-up fee for installing new services like cable or bringing in new equipment that may have already been in place in an existing home.
Remember that when you purchase a new construction home, you are the first owner! There are no window coverings to work into your offer. You will want to take measurements of the windows and note how many when adding up your costs. Plus, it’s key to start early as lead time for receiving new window coverings could take longer than expected, leaving you with no privacy upon move-in!
With some builders, you will be able to work an appliance package into the overall purchase price of the property. However, that is not always the case! After you’ve inquired with the builder about what is and is not included in the price, it’s time to sit down and decide all of the appliances you will need and how much they will run you. You will want these in place on your move-in date!
You’ve probably been dreaming about the interior of your new Washington DC, Bethesda, Chevy Chase, or NoVA home and as a result, the exterior has not even crossed your mind. Landscaping outside of your new construction home may look pristine, but is the backyard on the same level? Make sure you know if the landscaping will be finished by the builder or if that is an additional cost for you. What’s more, if you will live in a homeowners’ association, note if there is a timeline to have landscaping completed.
Does a new construction home feel like the best fit for you this year? Give The Estridge Group a call today for more information about available properties or how you can get started on your home buying journey!