Why is the Number of Custom Builds Increasing?
In a new study by PortlandRealEstate.com, Tampa is ranked 3rd in the country for the highest number of homes built per thousand people. Due to the continued surge of new residents following the pandemic, demand for housing has driven builders to construct homes at a rate far surpassing the national average of 5.23 homes per thousand people.
With the increased demand for housing, more and more buyers are opting to build their dream homes instead of waiting for something suitable to come on the market. If this sounds like you, we’ve got you covered!
Building a new construction home can be a complicated process and coordinating between several different vendors can be time consuming. Builders vary in areas such as materials, quality, and level of customization, but we can make sure that you are prepared and informed to go through the home building process. We have the resources, connections, and industry knowledge to help make it a smooth and seamless experience from start to finish.
In addition to custom builds, buyers also have the option of purchasing a spec home. Spec homes are houses that are constructed by a builder before they have a buyer secured. Often times there is less lead time between the signing of a contract and move-in. In contrast, building a custom home can take anywhere between 1.5-3 years.
Builders in Tampa Bay
Some builders in the Tampa area include DR Horton, Mobley Homes, and Domain Homes. While it does not offer the same level of customization as a custom build, if the buyer gets in early enough, they can sometimes choose features such as kitchen cabinets, countertops, and hardware.
Why Use an Agent to Represent You?
What many people don’t know is that you CAN use a real estate agent to represent you through a spec home purchase. Having an agent through this process can help you navigate both the complexities of the builders’ contracts and new construction timelines. If you are ready to take the leap for new construction, give us a call today to start the process of building your dream home!