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Buying Land For Building Your Tampa Dream Home
Published by Lance Mohr | Filed under Home Buying Tips
Land usually costs 25% of the whole home’s price, when purchasing new construction homes in Tampa. This is a general rule of thumb, so if you’re in a subdivision where you purchase a $50,000 lot, you’re likely looking at a $200,000 home. The more you pay for your land, the higher the home’s price.
When looking for the best builder, look at homes they’re building for the grade of wood they’re using and the type of construction. This can be important, when it comes to the finished results. Grade 3 woods are cheaper, but prone to bowing in a few years and if this is hidden behind drywall, you may never know. You want a builder that uses higher-quality Grade 2 wood, for example.
Better builders oversee every aspect of the lot sales and home plans. Insulation, sealing, ductwork, floor joist construction and framing are just a few of the important details to look for. When a builder has a lot of homes under construction at once, it’s impossible for them to oversee everything.
If you’re buying a lot that backs up to vacant land, you can’t always believe what the builder’s representative says about future plans. You don’t want to envision an apartment complex or a commercial warehouse, but it’s important to consider, when purchasing land and building a new home in Tampa.
If you aren’t sure about builders or subdivisions, consult a experienced Tampa real estate agent. They will be familiar with other homes in the area and possibly, the reputation of the builder. It costs you nothing to go through a Tampa Realtor, but you can save a lot of money and headaches, when buying a lot to build a home on. 70% of builders’ customers are represented by a Tampa Realtor.
