New Construction Homes: Upgrades to Negotiate With a Builder ...

Last week our friends just purchased a new house in Toronto. They did a fantastic job of negotiating the best price AND a ton of upgrades into their deal. Our friends had done their research and came prepared when they met with the builder. If you are buying a new home in today's market, if you want to get the best deal available, you should follow their example.

Often a builder will be unable to negotiate on price - or will have very little room to move. This can be for many reasons, but the biggest one could be constraints that have been placed on them by their lender.

Where you can often get some fantastic deals with a builder is in upgrades and finishing work on your new home. But, what can you ask for? I will give you a list of ideas, but your best source of information will come from competing builders. Shop other new home developments in your market. Find out what incentives, upgrades and terms the other builders are offering and use those to negotiate the absolute best deal you can.

Upgrades to Consider Negotiating into Your New Home Purchase Deal:

.Flooring (better quality of hardwood or carpet, different colour, more of it, etc.)
??? Higher quality windows
??? Light fixtures
??? Mirrors
??? Paint colours or type
??? Plumbing and fixture improvements (or additional - sometimes you may want things roughed in for a wet bar in the basement or a different spot for the washer and dryer - all of these things can be done much easier before the house is finished!)
??? Basement (sometimes the basement will be unfinished but you can negotiate some of the finishing work to be done)
??? Quality of finishings like light switches, door handles, railings, cabinet hardware etc.
??? Doors
??? Countertops - you can negotiate the type, the style, the colour and maybe even get extensions on your counters.
??? Appliances - you can usually negotiate at least a better model of the same brand but sometimes you can even get a totally different brand Insulation - maybe you want thicker insulation or a different type
??? Driveway material
??? Fencing

Source: http://badecology.blogspot.com/2012/11/upgrades-to-negotiate-with-builder-when.html

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