Has the small-town charm of Noblesville, Indiana caught your eye? Being only minutes away from downtown Indianapolis, it's the perfect place to enjoy the best of both worlds.
According to Noblesville, Indiana real estate trends, a homebuyer can expect the one-year home appreciation rate to stay around 13%. It's a wise decision to get into the Noblesville housing market.
Due to the popularity of new construction homes in the area, the median age of Noblesville real estate is 17. Keep reading to learn more about the benefits of new construction and other home-buying tips before you buy.
Modern Designs and Amenities
Home trends change as rapidly as clothing trends. Deciding to go with a new construction home allows you to choose the latest designs and amenities.
What is the popular trend for cabinets and countertops? What is the latest technology going into new homes? You'll be ahead of the curve.
Energy Efficiency
New homes come with the latest appliances and HVAC systems with new energy efficiency standards. You'll lower your energy costs and enjoy some tax credits.
Customization Options
You can customize your new home. This is especially true if you plan on buying off the plan. Choose the layout that works best for your family. Build your dream kitchen. Customize your bedrooms and closets.
Potential for Appreciation
With appreciation in Noblesville sitting higher than the national average, a new home has the potential for even greater appreciation. Often, there is a spike in value as soon as the community is completed.
Steps to Buying New Construction Homes in Noblesville
Before you begin your search, there are some steps you should take to get the most out of your money. Let's look at the steps to take.
1. Determine Your Budget and Must-Haves
Get pre-qualified at your bank so you know how much you can afford to spend on your new home. They'll look at your income and other expenses to determine your budget.
Make a list of your must-haves for your new home. What options are non-negotiable?
2. Research Builders and Developments
Do your research. Which builders get good reviews? Which developments are in your target area? Look for potential red flags when researching.
3. Visit Various Communities and Model Homes
Which developments can you see yourself living in? Find an area with good schools and amenities that meet your needs.
Check out the model homes for each choice. Ask about customization.
4. Understand the Building Process and Timeline
When choosing a neighborhood or home, find out everything about the building process. Try to get a realistic timeline.
5. Review Contracts and Warranties Carefully
If need be, hire a lawyer to go over the contract and warranties. You feel more comfortable with the terms.
The Next Step
Now that you've learned more about new construction homes in Noblesville, IN, are you ready to start your search in this charming town? Enjoy all the benefits of a brand-new home.
When you're ready to get started, work with a real estate agent experienced in new construction. We at PMI Indianapolis are here for you. Our extensive industry knowledge and years of experience help us deliver successful real estate solutions to our clients.
Get in touch with us through our website or by calling 317.527.4910 to set up a consultation to get started with your search.
