Are These Myths About New Construction Homes Holding You Back?

If you’ve been skipping over newly built homes in your search, you might be doing so based on assumptions that no longer match today’s market. Let’s clear up the most common myths so you don’t overlook a great opportunity.

Myth 1: “New construction is more expensive.”

Many buyers still believe a newly built home automatically costs more than a resale property — but that isn’t always true today.

Recent data shows that the median price of several new construction homes has become competitive, or even lower, than that of existing homes. Why? Two key trends: new homes are being designed with more efficient square footage, and builders are applying significant price cuts to move inventory.

If you ruled out new construction because of price, it’s time to take another look. A local agent can show you communities and price points that might surprise you.

Myth 2: “Builders don’t negotiate.”

This is one of the biggest misconceptions. Many buyers assume builders won’t budge, but the current market tells a different story.

Several developers are holding finished homes they want to sell quickly — making them far more open to negotiating and offering incentives such as:

• Closing cost contributions
• Included upgrades
• Mortgage rate buydowns
• Credits toward customization or options

Today, builders can often be more flexible than individual sellers, especially when it comes to move-in-ready homes.

Myth 3: “New homes aren’t built like they used to be.”

Some people believe older homes have better craftsmanship, but quality varies across eras. What truly matters is choosing a reputable builder.

A smart way to gauge quality is to speak with recent buyers in that same community and ask about their experience. And your real estate agent is also a valuable resource—they know the reputations of builders in your area, what they deliver, and how they handle warranties and post-closing service.

The bottom line: the build date doesn’t determine quality — the builder does.

Myth 4: “You don’t need your own real estate agent when buying new construction.”

This might be the most costly myth of all.

New construction contracts include unique terms, timelines, and clauses that differ from those in resale transactions. That’s why having your own agent is essential, not optional.

Your agent will:

• Review and explain the builder’s contract
• Advocate for your best interests
• Navigate inspections and walkthroughs
• Negotiate incentives
• Guide you from reservation to closing

Many new construction buyers report that their agent was more helpful than the builder’s representative throughout the process.

Bottom Line

Don’t let outdated assumptions stop you from exploring one of the strongest opportunities in today’s housing market.

If you need guidance or want to understand your options, don’t hesitate to contact me. I’m here to help you make the best move.

Adapted from KCM