To many, this is a standard greeting, like “How are you?” or “How’s it going?”Another way to look at this phrase would be to frame it in a real estate perspective.“What’s new?” in home-speak is a whole different animal. Here in the San Ramon Valley, there happens to be a lot that’s new. New houses are being built as we speak. This is excellent news for the San Ramon Valley real estate market, which is very busy indeed these days. In new construction as home builders release lots for sale, they are being snapped up very quickly by eager buyers. The same holds true for existing homes. They are often on an off the market very quickly with multiple offers.
In making the decision to purchase a home, there are countless decisions to make. One of those decisions is: existing home or new construction? There are advantages to both sides of that coin. There are new home developments located in San Ramon, Danville and Dublin. The home builders are the likes of Shappell, DR Horton, Standard Pacific, and Braddock and Logan, among others. These are well known names with wonderful and long standing reputations. Some of these new developments are considered Master Planned Communities, which has been defined as “a self contained suburban environment that can include home, commercial, work, educational and community facilities.”
Existing homes can often be move-in ready. This is helpful if the client has a busy work/home schedule with limited time for home improvement projects. If the desired home needs work, this can enable the client with handyman abilities to roll up their sleeves, and paint, re-floor, modernize, and put in personal touches to make the home their own. There are often mature trees, and landscaping already in place that add to the charm of an established neighborhood.
There are many factors to consider in purchasing new construction. The new offerings in this area have many appealing qualities. With names resembling Italian villas, or columned Greek palaces, or French chateaus, it can be a very heady and European feeling experience. In selecting a new home, the buyer often can choose the finishes – paint, carpet, appliances etc, which has levels of quality and expense. This has advantages for the busy family. Another level of “move in ready” if you will. Often, the landscaping has not been installed, and will need to be completed, which is an additional expense to consider. Property tax amounts should be checked out, as there is often a lot of infrastructure being put in place for some of these developments, which could affect the amounts.
These new home developments are quite spectacular, clean, modern, and energy efficient. There are often parks within the developments which is appealing for young families. The home builders are making the purchasing process “one stop shopping” with loan prequalification resources on site at the sales office. Then the process begins with the loan, going over design options, meeting for construction updates, and when it’s all complete, the client has a home that is all theirs, never lived in by another, and built with their preferences in mind. So if they are asked “What’s new?”, the answer can be: My House!!